The Hindu Business Line : Wednesday, February 18, 2009

WEB EXTRAS

POLICY: Insurance sector excluded from new norms for total foreign investment
New Delhi, Feb. 17 The insurance sector has been kept out of the recent Government guidelines for calculation of total foreign investment in Indian companies. This is because the insurance sector is specifically governed under a statute ...

OUTLOOK: Rlys finds no takers for Madhepura loco venture
GE emerges sole bidder for Marhowra diesel loco unit. New Delhi, Feb. 17 Indian Railways has found no takers for its electric loco unit at Madhepura, which the Railways proposed to set up as a joint ...

OUTLOOK: Rane group yet to decide on plant at Sanand
Chennai, Feb. 17 The Chennai headquartered Rane group is yet to decide on setting up a plant at Sanand, Gujarat, where Tata Motors is putting up a plant to make the Nano. Rane plans to supply components for the Nano from its ...

RETAILING: Hyundai Elevator acquires 40% in Kinetic Elevator
Pune, Feb. 17 Hyundai Elevator Company (HELCO), South Korea-based manufacturer of elevators, escalators and travellators, has acquired 40 per cent stake in Kinetic Elevator and Escalator Ltd (KEEL) for an ...

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Markets (Feb 17)

Nifty (at close)	2,770.50(-78.00)
US Dollar (Buy/Sell)	49.03/04
Brent crude (a bbl) Rs	2,060
Gold (a gram) Rs	1,386
Silver (a kg) Rs	23,490

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Looking back
Feb. 8-Feb. 14
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