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Saturday, June 27, 2009
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WEB EXTRAS

PERFORMANCE: Gas production in May up 18%; crude oil dips
New Delhi, June 26 While the domestic crude oil production continued its declining trend, natural gas output in May shot up by 18.3 per cent with production starting at Reliance Industries Ltd’s East Coast block, and coal bed methane ...

TELECOMMUNICATIONS: Licence to speak
Under the exchange control regulations, a liaison office can only act as a communication channel in India for its overseas head-office and is not permitted to undertake any commercial or business activities in India. The permitted activities for ...

TAXATION: Let’s get real
That successive amendments to the Income-Tax Act have reduced it to a quilt-work of amendments and twisted it out of shape is known to everyone. Its labyrinthian provisions are mind-boggling and benefit tax consultants ...

OUTLOOK: IMD rain projections fail to convince US forecaster
India Meteorological Department's (IMD) rainfall projections for July and August do not make a compelling case for computational transparency, says a leading US-based ...

REAL ESTATE & CONSTRUCTION: Unitech raises $575 m through QIP issue
New Delhi, June 26 Real estate company Unitech Ltd on Friday kicked off a process to raise nearly $575 million by selling fresh shares to a clutch of institutional ...

POWER: Lanco Infra meet clears fund plan
Hyderabad, June 26 The extraordinary general meeting of Lanco Infratech Ltd, today approved an enabling resolution that empowers the company to raise up to Rs. 2,500 crore to part fund expansion projects, particularly in the power ...





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Markets (June 26)
Nifty (at close)4,375.50 (+133.65)
US Dollar (Buy/Sell)48.10/11
Brent crude (a bbl) Rs3,379
Gold (a gram) Rs1,369
Silver (a kg) Rs23,700


In Focus
Nano - The People's Car

Mandate 2009

Who is hiring?

More

Other Top Stories
Coverage of most kharif crops down


Increase in India-Gulf flights brings down fares

Life insurers’ fresh premium collections decline in May

AI offers leave without pay to cut wage bill

DoT may peg entry fee for telecom licence at Rs 45 cr

Revenue mobilisation avenues

ONGC Mittal exits Trinidad & Tobago

Looking back
Jun. 14-Jun. 20
Developers seek sops for affordable homes

Gold tracks dollar, to range-bound; crude to remain firm

Axis Bank to raise Rs 2,000 cr

Reducing overhead costs in banks

Weak rupee boosts coffee exports' unit value



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