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Tuesday, January 24, 2006
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RIL board nod for retailing
To enter capital market in first half of 2006-07

RBI acts to curb IPO malpractice
Central bank issues directive on crediting of account payee cheques

GVK Power to tap capital market
Price band has been fixed at Rs. 260-Rs. 310 per share

Bankers expect tight liquidity situation addressed in RBI policy
MUMBAI: On the eve of the third quarter review of the monetary policy by the Reserve Bank of India (RBI), leading public sector banks on Monday expected the policy to address the tightening liquidity situation as they foresaw no major change from ...

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Barometer


Briefly
Inox Leisure fixes price band at Rs. 100-120
MUMBAI: Multiplex operator Inox Leisure Limited will commence operations of its multiplex at Indore by February, while the ones at Kharagpur, Bangalore and Jodhpur will start by 2008. Company Director, Deepak Asher, announced a price band of Rs. ...

Cabinet may take up FDI in retail
NEW DELHI: The Union Cabinet is likely to take up on Tuesday the recommendations of a Group of Ministers on liberalising the FDI regime, including in the retail sector, PTI reports, quoting official ...

Dena Bank opens central processing centre
MUMBAI: The Chairman and Managing Director of Dena Bank, M. V. Nair, on Monday inaugurated the bank's first central processing centre (CPC) at its Corporate Office here. The centre will cater to the local branches of the bank. The bank has ...

MoU with Bahamas on cruise shipping
NEW DELHI: India and the Bahamas would enter into a Memorandum of Understanding (MoU) to explore the possibilities of cooperation in Cruise Shipping. This was decided at a meeting between the Minister of Foreign Affairs and Public Service of the ...

SPEL secures Rs. 20 cr. loan
CHENNAI: SPEL Semiconductor, engaged in integrated circuit assembly and testing, has secured a loan of Rs. 20 crore for introducing a new package called LMP (leadless moulded package). The company's ICs are used in electronic applications such as ...

RBI allows MCSs to raise ECBs
MUMBAI: The Reserve Bnak of India on Monday allowed `financially solvent' Multi-state Co-operative Societies (MCSs) engaged in manufacturing activity to raise external commercial borrowings (ECBs). ...

Thomas Cook revamps board
MUMBAI: Thomas Cook India has reconstituted its board of directors with the inclusion of six new directors. Udayan Bose has taken over as Non-Executive Chairman and Sayanta Basu as Additional Director and Deputy Chairman. The other directors ...

CLB asks TCG to file fresh proposal
NEW DELHI: The Company Law Board (CLB) on Monday asked The Chatterjee Group (TCG) to file a fresh proposal before clarifying, among other things, its stand on the issue of share transfer to IOC. ...

SBI to centralise back-office facility
MUMBAI: State Bank of India is all set to centralise its entire back-office facility by March to help its customers' in faster movement of money, SBI Chairman A K Purwar said here on ...




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