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Friday, February 27, 2004
Housing finance lending rates likely to harden
MUMBAI, FEB. 26. The housing finance lending rates are likely to harden as the incremental returns on housing finance loans are very low, stated a study conducted by the rating agency, Crisil. The incremental RoE for banks, on its housing ...
New products push the envelope of storage technology
BANGALORE, FEB. 26. Indian corporate customers of computer storage were today offered a plethora of new products the result of intense technology churning in this neck of the information technology business. The result may make bulk ...
ICRA rates MFs for first time
NEW DELHI, FEB. 26.For the first time the rating agency Investment Information and Credit Rating Agency (ICRA) has come out with performance ranks for mutual fund schemes across categories. The ratings, based on a scientific and objective ranking ...
ONGC expects good response to public offer
NEW DELHI, FEB. 26.With plans to invest Rs. 10,000 crores every year to enhance its oil and gas production, Oil and Natural Gas Corporation is anticipating a good response to the public offering of 10 per cent government shares as it goes to ...
ICI to sell rubber chemicals unit
NEW DELHI, FEB. 26.ICI India is looking for buyers to sell off its ailing rubber chemicals business worth about Rs. 90 crores even as the company is eyeing acquisitions in its core areas of speciality chemicals and paints. The divestment plans ...
Good response to DCI issue
MUMBAI, FEB. 26.Dredging Corporation of India offer for sale for diluting 20 per cent of Government equity received bids for 26.79 per cent of the issue size within two hours of opening on the exchanges. The Government fixed a price band of ...
HM rolls out Lancer variant
MUMBAI, FEB. 26. Hindustan Motors rolled out the 1834cc Lancer in Mumbai today. Priced at Rs. 9.34 lakhs (ex-showroom Mumbai) the new Lancer Invex 1.8 will be available in three new colours August blue, Mystic silver and Angel white. ...
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