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OUTLOOK: Tax issue may delay Cairn’s crude oil output from Barmer
New Delhi, June 7 The flow of crude oil from Cairn India’s on-land in Barmer, Rajasthan fields may get ...

NEW PROJECTS: Hyundai looking at setting up diesel engine plant
Sriperumbudur, June 7 Hyundai Motor India is studying the feasibility of setting up a diesel engine plant close to its existing car manufacturing plant near ...

INTERVIEW: GMR Group not interested in small airport projects now
New Delhi, June 7 The GMR Group, which till a few years ago was into diverse fields like banking, insurance and breweries, is now focusing on agro and infrastructure. The Group Chairman, Mr G.M. Rao, spoke to the media shortly after ...

FINANCIAL PERFORMANCE: Divis Labs Q4 net up 13%
Divis Laboratories Ltd net profit increased 13 per cent at Rs 107 crore in the fourth quarter ended March 31, 2009 compared with Rs 93 crore in the same period in the year-ago period. The total income grew to Rs 322 crore (Rs 278 crore). For ...

COURTS/LEGAL ISSUES: Bench ruling on mining lease
The Karnataka High Court Division Bench, headed by Chief Justice Mr P.D. Dinakaran, has set aside the order of a single judge which prohibited mining in forest areas of the State, after hearing an appeal by Jindal Vijayanagara Steel Ltd. The ...

OUTLOOK: Cal-on Motors to launch 2 more eBikes
Hyderabad, June 7 Cal-on Motors has announced plans to launch two new ‘high speed’ electric bikes later this month priced at about Rs 35,000 ...

ALLIANCES & JOINT VENTURES: KG assets: ONGC yet to firm up partners
Kolkata, June 7 ONGC’s plan to enter into joint operatorship with its foreign partners in deepwater exploratory assets in KG and Mahanadi basins seems to have run into rough ...

SICK UNITS: GM whirlpool sucks in the government
Hearing Mr Barack Obama’s televised statement last Monday about GM’s bankruptcy filing made me happy. Finally, I thought, here was a person with a clear vision for the company, and knew the hard decisions required to get there. He ...

AWARDS & HONOURS: CGH Earth bags 3 awards
The Kochi-based CGH Earth has won three Kerala State Pollution Control Board awards for environment-friendly practices. The hospitality company bagged the awards for 2008 in the hotels and resorts category. Its Marari Beach resort in ...

PERFORMANCE: 20% rise in Vizag Steel sales
...

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




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Markets (June 5)
Nifty (at close)4,586.90(+14.25)
US Dollar (Buy/Sell)47.11/12
Brent crude (a bbl) Rs3,208
Gold (a gram) Rs1,384
Silver (a kg) Rs25,395

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In Focus
Nano - The People's Car

Mandate 2009

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Other Top Stories
GMR Group not interested in small airport projects now

‘Acquisition will provide greater stability’

Bond yields soften on high liquidity

Will agri-biz be a catalyst for economic take-off?

Sharp rise in crude prices; gold seen range-bound

Looking back
May. 31-Jun. 6
Sun Pharma fourth-quarter net falls 45% to Rs 394 cr

RBI panel deliberates on financial market development

Lebanon’s Mikati family backs MTN-Bharti deal

Tata Motors bags a lion’s share of bus orders under JNNURM

BPCL open to Oman Oil hiking stake in Bina refinery


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