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ECONOMY: Towards growth management
Clearly, the costs from a policy reversal would add up in terms of a stronger currency appreciation, larger systemic liquidity and higher sterilisation costs - costs that the economy can ill-afford in the nascent stages before returning to its ...

SEEDS: Limagrain buys 51% stake in Avesthagen seed co
To pay €10 m for seed licensing. Bangalore, Oct.28 Avesthagen Ltd has licensed its field crop technologies to Groupe Limagrain for €10 million (nearly Rs 70 crore) to be paid over two tranches, according to Avesthagen’s top ...

FINANCIAL PERFORMANCE: MRPL Q2 net profit zooms on inventory gains
Mangalore, Oct. 28 Mangalore Refinery and Petrochemicals Ltd (MRPL) has registered a net profit of Rs 179.69 crore during the second quarter of 2009-10 as against Rs 24.92 crore in the corresponding period of the previous ...

CARS: Fiat rules out entry-level car in India
Pune, Oct. 28 Italian automaker Fiat has said it is in the process of developing several low cost cars, but ruled out launching any model in India that will cater to the ...

SOFTWARE: Recession is opportunity, not excuse, says HCL CEO
The HCL Technologies CEO, Mr Vineet Nayar, feels that the talk of recovery in the IT space is a bit premature and the industry continues to ...

OUTLOOK: Rains along TN coast to intensify
The MJO wave is an upper level phenomenon transiting from west to east over the Indian Ocean and has alternating dry and wet ...

ECONOMY: Beyond poverty lines
Don’t pay any attention to what they write about you, advises a helpful quote of Andy Warhol addressed to those worried about news stories. “Just measure it in inches,” he adds. By that handy measure, ...

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