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Fertilizer Industry seeks cheaper raw materials
NEW DELHI, DEC.3.In view of the mounting subsidy bill of roughly Rs. 12,700 crores, the fertilizer industry has urged the Government to ensure supply of energy at international prices. This would eliminate the need for subsidy, it argues, as ...
Asian Paints to set up plant in Chennai
CHENNAI, DEC. 3.Asian Paints (India) Ltd (APIL) will be setting up a state-of-the-art greenfield paint manufacturing facility in Tamil Nadu. The plant will be located in the Sriperumbudur industrial park of the State Industries Promotion ...
TRAI offers relief to ISPs
NEW DELHI, DEC 3.The Telecom Regulatory Authority of India (TRAI) has provided some financial relief to Internet service providers (ISPs) by asking basic service providers (BSPs) not to charge more than the applicable leased circuit charges. ...
Do's and don'ts of doing business in U.S.
CHENNAI, DEC. 3.It is known that incorporating a business, be it a partnership or company, a branch office or a subsidiary, in the U.S. is matter of just hours and nominal fees but running a business in the U.S. needs attention to areas that tend ...
Equities forge ahead
MUMBAI, DEC. 3. The Sensex continued its upsurge and ended past 5200-mark, registering a gain of 36 points as a result of sharp gains in select counters on Bombay Stock Exchange here on Wednesday on fresh buying support from operators as well as ...
Rupee moves up further
MUMBAI, DEC. 3. The rupee extended its gains against the dollar on the fifth straight session today and closed 6.5 paise stronger at 45.62.50/6350, as the sharp fall of the greenback in overseas on concerns about the U.S current account deficit ...
Other Stories

  • OVL team to visit Iran
  • Cos. allowed to offer shares in lieu of ECBs
  • ALF board to consider IndusInd Bank's proposal
  • Nod for Orchid JV


    Barometer
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  • Bullion rates
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    Briefly
    HSBC open offer for UTI Bank
    NEW DELHI, DEC. 3.Foreign banking major HSBC, which has reserved its options to acquire UTI Bank when Government eases norms, will make an open offer tomorrow to buy 20 per cent additional shares of the private bank. ``We will make an open offer ...
    Colgate's jubilee gesture
    CHENNAI, DEC. 3. Colgate Palmolive India today announced a dividend declaration of 25 per cent (Rs. 2.50 per share). The declaration is partly attributed to a second interim for 2003-04 of 12.5 per cent (Rs. 1.25 per share) and partly to a ...



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