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Wednesday, June 30, 2004

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Steel Ministry not in favour of controls
NEW DELHI, JUNE 29. The Steel Minister, Ram Vilas Paswan, today allayed fears of the steel industry about a possible regulatory authority, saying the Ministry was not in favour of any controls. Clarifying that the proposal for setting up a ...

LNG imports from Iran hits roadblock
NEW DELHI, JUNE 29.The proposal for importing five million tonnes of liquid natural gas from Iran seems to have run into a roadblock over pricing issues. Official level talks between Iran and India are believed to have ended with the decision to ...

Hindustan Lever reinventing distribution, says Banga
MUMBAI, JUNE 29. Hindustan Lever Ltd. (HLL) is reinventing its distribution system by redefining the approach to current channels and creating new channels. The objective is to touch consumers with a three-way convergence of product availability, ...

CII's wish list in agriculture
NEW DELHI, JUNE 29.The Confederation of Indian Industry in its pre-budget memorandum has called for a slew of measures that will boost growth and productivity in the agricultural sector. While asking the Centre to give States incentives to ...

SAIL announces wage revision
NEW DELHI, JUNE 29. With a record profit of over Rs. 2,500 crores during 2003-04, the Steel Authority of India Limited today announced implementation of wage revision with effect from 1997, involving an outgo of Rs. 1,200 crores. However, wage ...

Venture capitalist Haque rides in, with his `Magnificent Seven'
BANGALORE, JUNE 29. The world's number one venture capitalist, India-born Promod Haque, rode into town on Monday, with his constant sidekick `Vab' Goel — and his own `Magnificent Seven' technology honchos. In their holsters, the posse ...

Other Stories

  • Inaccurate report, says Deepak Khaitan
  • India, U.S. to cooperate in biotechnology
  • 15 p.c. interim from Colgate-Palmolive
  • Rupee breaches 46/$
  • Mixed trend in equities
  • Archimedes launches software
  • RBI to issue Treasury Bills
  • RPG group to open more hypermarkets
  • Chola MF launches two schemes

    Barometer
  • Exchange rates
  • Bullion rates

    Briefly
    Hutchison Essar plans IPO
    NEW DELHI, JUNE 29. Cellular operator Hutchison Essar is likely to float its Rs.1,500-crore initial public offer (IPO) by the end of this year where it plans to dilute about 10 per cent of its equity. As a precursor to the IPO, Hutch has moved ...

    Toonz in pact with Seagull
    NEW DELHI, JUNE 29. Toonz Animation India has signed a memorandum of understanding (MoU) with Dubai-based Seagull TV Productions to seek business opportunities and secure project sales in the Middle East region. Under the MoU, Seagull would have ...

    Interim orders on TPC petition on July 1
    MUMBAI, JUNE 29. The Bombay High Court would pass interim orders on July 1 on a petition filed by Tata Power Company (TPC) challenging an order of the Maharashtra Electricity Regulatory Commission (MERC) for refund of standby charges of Rs. 322 ...

    L&T equipment to China
    MUMBAI, JUNE 29. Larsen & Toubro Ltd. has won a contract for coal gasification equipment from China valued at Rs. 95 crores for the Zhong Yuan project in Henan province, Central China. The project, to be executed by L&T's Heavy Engineering ...

    Other Stories

  • Training programmes for knitwear workers
  • Small spinners seek tax reduction
  • Salem textile exporters seek identity
  • Device to treat cardiac arrest
  • Bell Ceramics' expansion plans
  • ABN AMRO launches AMC
  • Andhra Bank to raise Tier-II capital
  • GM starts third shift at Halol
  • Telecom equipment market down 34 p.c.
  • Ariba, FreeMarkets merger okayed
  • Gillete launches Mach3Turbo
  • NIIT Technologies to be listed in Sept.
  • AirTel unveils new Window
  • Rime Rich launches Pappai ice cream
  • AirTel's 311th tower at Vallikavu
  • Allianz Bajaj opens office
  • Dhanalakshmi Bank's renovated branch
  • Dewan Housing's loan sanctions



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