The Hindu Business Line : Thursday, May 28, 2009

WEB EXTRAS

EXPORTS & IMPORTS: Ginger prices move up on short supply
Spice oils extraction units resort to imports from Ethiopia, Nigeria. Kochi, May 27 Fall in production of ginger and demand for raw ginger in the domestic market have pushed up the prices in ...

EXPORTS & IMPORTS: ECGC sees 17% rise in claims payout this fiscal
No plans to raise premium rates. Export Credit Guarantee Corporation, which provides insurance cover to exporters, expects claims payout to rise around 17 per cent this financial ...

OUTSOURCING: Aegis BPO to service MTS mobile customers
New Delhi, May 27 Sistema Shyam Teleservices Ltd (SSTL) announced a strategic agreement with Aegis BPO for outsourcing customer service operations of its mobile service brand MTS in the eastern ...

INFRASTRUCTURE: Tata Realty to raise $1 b
Mumbai, May 27 Tata Realty and Infrastructure said it plans to raise a $1 billion (Rs 4,700 crore) infrastructure fund to support projects worth Rs 20,000 crore that will be executed over the next ...

COURTS/LEGAL ISSUES: BSNL’s vigilance officer seeks clarification on GSM tender
New Delhi, May 27 Bharat Sanchar Nigam Ltd’s internal vigilance officer has asked the company’s management to clarify allegations made by Nokia Siemens against the tendering process followed in short-listing bidders for ...

MERGERS & ACQUISITIONS: Does Bharti-MTN deal signal a recovery?
The first developing-nation foray into the ‘Big 5’ of the telecom world encompassing two fast-growing emerging wireless markets, India and Africa; consolidated post-deal financials, north of 200 million subscribers and revenues of ...

OUTLOOK: Economy and expectations
New Delhi, May 27 The return of the UPA with the Congress as a major gainer in government formation and the quick announcement of the old hand, Mr Pranab Mukherjee as the Union Finance Minister may have initially brightened the immediate ...

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Markets (May 26)

Nifty (at close)	4,276.05(+159.35)
US Dollar (Buy/Sell)	47.60/61
Brent crude (a bbl) Rs	2,875
Gold (a gram) Rs	1,359
Silver (a kg) Rs	23,790

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