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Wednesday, October 10, 2007
Subsidised loans to sugar mills
NEW DELHI: The Central Government on Tuesday announced a slew of measures, including subsidised loans to sugar mills to help them clear dues of farmers, besides making mandatory the blending of five per cent ethanol in petrol. ...
SKIL Infra allowed to bring in FDI
NEW DELHI: The Cabinet Committee on Economic Affairs on Tuesday gave approval to SKIL to bring in Rs. 1,000 crore of FDI from GL Asia Mauritius Ltd. to make investments in Mukesh Ambani-promoted Navi Mumbai ...
NEW DELHI: The Supreme Court on Tuesday started hearing the cross-appeals filed by the Birlas and R. S. Lodha, challenging each other’s right to object to the late Priyamvada Birla’s purported 1999 Will and the late M. P. ...
Tata Motors hikes CV prices
NEW DELHI: Tata Motors has increased the prices across its commercial vehicle range by 2.5 per cent. The hike in prices has been necessitated on account of meeting the new mandated regulations for safety and partially offsetting increase in ...
HDFC buys additional stake in HDFC AMC
MUMBAI: Housing Development Finance Corporation (HDFC) has acquired an additional 10 per cent stake in HDFC Asset Management Company (AMC) for Rs. 181.81 crore. ...
Bharti Airtel signs MoU with Gujarat Govt.
CHENNAI: Bharti Airtel has signed a memorandum of understanding (MoU) with the Government of Gujarat for the eGRAM Connectivity Infrastructure Project. Under this, Bharti Airtel will set up telecom infrastructure to connect 13,716 Village ...
Shriram EPC files prospectus with SEBI
MUMBAI: Shriram EPC, a service provider of integrated design for renewable energy, has filed its draft red herring prospectus with the Securities and Exchange Board of India to enter the capital market with its initial public offering. It ...
Sundaram Infotech to target Southeast Asia
CHENNAI: Sundaram Infotech Solutions , the IT arm of Sundaram Finance, has announced that it is targeting the ERP market in Southeast Asia. It will specifically focus on NBFC vertical and the automobile segment. It will also target software ...
IOC to offer money transfer service
CHENNAI: Indian Oil Corporation has signed a memorandum of understanding with UAE Exchange and Financial Service Ltd. to offer MoneyGram International money transfer service at IOC outlets. Money sent through MoneyGram can be received across ...
City Union Bank’s preferential allotment
CHENNAI: City Union Bank has allotted 68 lakh equity shares to Indian corporates, including Life Insurance Corporation and Larsen & Toubro, and overseas private equity funds on a preferential basis for Rs. 125.45 crore, including premium. ...
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