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OUTLOOK: BHEL expects cost pressures to ease from Q4
Company confident of clocking over 30% growth for the year. Tiruchi, Dec. 12 The public sector power equipment major, Bharat Heavy Electricals Ltd, which had earlier projected a growth of 25-30 per cent for the current year, is today confident ...

COMPANY LAW: LLP registration will be a paperless affair: Gupta
Bill passed in Lok Sabha; registrations from next financial year. New Delhi, Dec. 12 Parliament has passed the Limited Liability Partnership (LLP) Bill 2008. Lok Sabha on Friday gave its assent to the Bill which was earlier passed by the Rajya ...

DIVIDEND ANNOUNCEMENT: Cummins to pay one-time 120%
...

CREDIT RATING: S&P downgrades Tata Motors
...

PEOPLE: New head for Fujitsu Consulting
Fujitsu Consulting, the North American consulting and services arm of the $53-billion Fujitsu group, has announced the appointment of Mr Rajeev Gupta as the company’s new President of the Indian operations. In his new role, Mr Gupta ...

COURTS/LEGAL ISSUES: GV Films' petition
...

BUYBACK: Nava Bharat board okays buyback
Nava Bharat Ventures Ltd has informed BSE that the company board today approved the buyback of fully paid-up equity shares of Rs 2 each from the existing equity shareholders from the open market through stock exchanges. The price cap has been ...

RESTRUCTURING: Austral Coke unit relocation
...

ANNOUNCEMENTS: Dabur Pharma gets authorisation
...

OUTLOOK: Haldia Petrochem sees highest monthly sales of polymer
Kolkata, Dec. 12 Haldia Petrochemicals on Thursday announced a sudden reversal in the sluggish petrochemical products demand scenario beginning mid-November, especially the third week of ...

ALLIANCES & JOINT VENTURES: Janapriya, Sun-Apollo form SPV for affordable homes
Hyderabad, Dec. 12 Janapriya Engineers Syndicate and Sun-Apollo, a private equity firm, have formed a special purpose vehicle to develop a satellite township with a focus on ...

OUTLOOK: ITC looking at investment opportunities
New Delhi, Dec. 12 ITC Chairman, Mr Y.C. Deveshwar, has said the company would continue making investments, even in the current economic ...

OUTLOOK: RPL’s plea for exporting LPG turned down
The Government has turned down Reliance Petroleum Ltd’s (RPL) request for exporting liquefied petroleum gas (LPG) from its soon to be commissioned refinery at Jamnagar. Official sources said the permission was denied as the product ...

ALLIANCES & JOINT VENTURES: ONGC, IOC join hands for exploration, marketing
New Delhi, Dec. 12 ONGC and Indian Oil Corporation Ltd (IOC) have joined hands for mutual co-operation in the fields of oil and gas exploration, production, and ...






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Markets (Dec 12)
Nifty (at close)2921.35(+1.20)
US Dollar (Buy/Sell)48.45/46
Brent crude (a bbl) Rs2,247
Gold (a gram) Rs1,189
Silver (a kg) Rs17,705

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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Ban on wheat, rice futures may go by January: FMC chief

Consolidation will increase outsourcing, says Prahalad

Forex reserves down by $1.83 b

‘Increased fiscal deficit not a cause for concern’

Industrial decline may be steeper, says CMIE

Durables industry disagrees with IIP figures showing a fall

Looking back
Nov. 30-Dec. 6
Hyundai, GM, Mahindra plan to launch gas variants

NMDC cuts iron ore prices for domestic buyers by 25%

Sundaram Ind setting up jt venture with Bridgestone

US woes not to hit Indian vendors, says GM

NTPC-Nuclear Power Corpn venture to be in place by Jan

Toyota’s Corolla Altis, Innova to cost more




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