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ALLIANCES & JOINT VENTURES: BSNL scouts for pvt partners for Internet Data Centres
New Delhi, May 30 Bharat Sanchar Nigam Ltd has invited bids from private players to set up Internet Data Centres (IDCs) in various parts of the country on a revenue sharing ...

OVERSEAS INVESTMENTS: Tata Steel UK gets lenders’ nod to reset Corus debt terms
Chennai, May 30 Tata Steel has said that lenders of its UK subsidiary have agreed to ease certain conditions for a £3.7-billion debt related to its Corus acquisition. As part of the agreement, Tata Steel will have to infuse ...

PRIVATE PLACEMENT: All about QIPs
With most funding routes closed, Qualified Institutional Placements or QIPs seem especially alluring at the ...

FINANCIAL PERFORMANCE: Sun Pharma fourth-quarter net falls 45% to Rs 394 cr
Caraco’s product recall hurts the bottomline. Mumbai, May 30 Drug maker Sun Pharmaceutical took a 46 per cent hit on its export in the last quarter of the financial year ended March 31, 2009, impacting its consolidated bottomline for the ...

ANNOUNCEMENTS: BOC India rules out raising equity for now
Kolkata, May 30 BOC India management has made it clear that the company was not increasing its equity now and was also not considering delisting of its stock. This means the promoters, the Linde Group of Germany, have decided against ...

FINANCIAL PERFORMANCE: Divyashakti’s net profit rises
Divyashakti Granites Ltd’s net profit more than doubled at Rs 11.64 crore in the financial year ended March 31, 2009 compared with Rs 3.59 crore in the previous fiscal. The total sales increased marginally to Rs 32 crore (Rs 30 crore). ...

OUTLOOK: Ratnagiri Gas may run at full capacity by January
Kolkata, May 30 Ratnagiri Gas & Power Pvt Ltd (RGPPL) may start operating at full capacity of 2,150 MW by January. RGPPL had stepped up generation from 650 MW to 950 MW earlier this ...

OUTLOOK: Honda sees numbers in super bikes
Mumbai, May 30 Honda Motorcycle & Scooter India (HMSI) has stepped up its marketing drive in super bikes to strengthen its brand presence in the ...

ALLIANCES & JOINT VENTURES: Molson Coors to have majority stake in Cobra Beer jt venture
Indian operations to be independent of the UK entity. Bangalore, May 30 With UK-based Cobra Beer entering into a joint venture with Molson Coors, the Indian operations of the beer major have been hived off into an ...

MERGERS & ACQUISITIONS: Lebanon’s Mikati family backs MTN-Bharti deal
New Delhi, May 30 In a boost to the ongoing merger talks between Bharti Airtel and MTN, the second biggest shareholder in the South African company, Lebanon’s Mikati family, on Friday said that it would back a $23-billion cash and ...

CORPORATE BONDS: RBI panel deliberates on financial market development
Mumbai, May 30 A meeting of the High-Level Coordination Committee on Financial Markets (HLCCFM) was held on Saturday at the Reserve Bank of ...

NEW PROJECTS: AWS Truewind begins services here
Chennai, May 30 The US-based AWS Truewind, a company offering wind forecasting services for the wind energy sector, has launched its services ...

FINANCIAL PERFORMANCE: V Guard Industries net up 18%
...

PERFORMANCE: Reading corporate actions
Crude oil prices, interest rates, corporate results — there are a plethora of factors that the stock market investor needs to track to make informed decisions about ...


Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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Markets (May 29)
Nifty (at close)4,448.95(+111.85)
US Dollar (Buy/Sell)47.07/08
Brent crude (a bbl) Rs3,113
Gold (a gram) Rs1,372
Silver (a kg) Rs24,865

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In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
EEPC fears 37% job loss

RBI panel deliberates on financial market development

Lebanon’s Mikati family backs MTN-Bharti deal

Sun Pharma fourth-quarter net falls 45% to Rs 394 cr

Looking back
May. 24-May. 30
Crompton Greaves eyes overseas acquisition

Moser Baer Photo Voltaic’s expansion plans may get pushed back by 1-2 quarters

GMR Energy ties up funds for Orissa project

Mahindra’s Q4 net rises 89% to Rs 418 cr


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