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Sops for mega power projects likely
To boost capacity creation in XI Plan, says Union Power Minister

Cos. allowed to issue FCEB bonds
The scheme should comply with FDI policy

PM’s assurance to industry
Efforts will be taken to tame impact of global slowdown

Mittal, U.S. firm to buy in Indiabulls’ arm
The combined investment will be Rs. 1,580 crore

IFMR, NCDEX to start research centre
To focus on knowledge management in commodity markets

Oil PSUs fear over loss of Navaratna status
SLR status to oil bonds being considered

Other Stories



Barometer


Briefly
Inflation rate eases to 4.07 p.c.
NEW DELHI: Easing prices of food items like fruits, vegetables and pulses, and jet fuel helped cool the inflation rate to 4.07 per cent for the week ended February 2. The wholesale price index-based inflation rate was 4.11 per cent in the ...

Canara Bank’s online trading portal
MUMBAI: Canara Bank on Friday said it would commercially launch an online trading portal on February 18. In association with its wholly-owned broking subsidiary, Gilt Securities Trading Corporation Ltd, it would extend the online trading ...

Forex reserves drop by $1.986 b
MUMBAI: India’s foreign exchange reserves fell by $1.986 billion to $290.808 billion on February 8, the Reserve Bank of India said in its weekly statistical supplement on Friday. ...

Zydus Cadila launches cancer drug
MUMBAI: Zydus Cadila on Friday said it had launched a drug, Nudoxa, which could be used in the treatment of cancer.

RNRL Fund raises Rs. 5,660 cr.
NEW DELHI: Notwithstanding the knockout of Reliance Power in the markets, Anil Ambani-owned Reliance Natural Resources Fund has beaten the stock market turbulence and managed to raise a record Rs. 5,660 crore from investors through a new fund ...

NIC in $7b umbrella insurance policy with BHEL
KOLKATA: National Insurance has designed a cover for Bharat Heavy Electricals Ltd (BHEL) to provide insurance protection for all its projects-on-hand under a single policy. Total sum insured under the cover is about $7 billion, spanning 19 ...

Micro Tech in pact with Sri Lankan firm
MUMBAI: Micro Technologies India on Friday said it has entered into a strategic agreement with Sri Lanka’s real estate firm, I-Systems, to market micro products and its licenses in the island nation. Micro Technologies provides ...

Principal PNB partners TKGB
CHENNAI: Principal PNB asset management company (AMC) has entered into a partnership with Triveni Kshetriya Gramin Bank (TKGB) for distributing all Principal PNB AMC’s mutual fund products. Under the agreement, the bank will distribute ...

Yobykes in Chennai
CHENNAI: Electrotherm (India) has launched its battery operated electric two-wheelers, Yobykes in Chennai. These two-wheelers are available in the price range of Rs. 16,000 - 36,000. Yobykes was launched in February 2006. According to a ...

City Union Bank to consider interim dividend
CHENNAI: The board of City Union Bank will meet on February 22 to consider payment of interim dividend for 2007-08, the bank said in a communication to the Bombay Stock Exchange. — Corporate ...




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