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BUSINESS
Indian stock market safe: FM
Manmohan cautions contagion effect

BUSINESS
ICICI Bank has sufficient liquidity: Reserve Bank
Apex bank monitoring developments and has arranged cash to bank

RIL-RNRL case: Power Ministry to back NTPC
NEW DELHI: The ongoing litigation between Reliance Industries Ltd. (RIL) and Reliance Natural Resources Ltd. (RNRL) on sale of gas from the KG basin D6 block took an interesting turn with the Power Ministry having decided to file an affidavit ...

Jessop mulls public offering
KOLKATA: Ruia group joint venture Jessop & Co. is exploring the options of going in for an initial public offering (IPO) to fund or part fund its ongoing Rs. 350 crore expansion plan. While 94 per cent of the equity is owned by the Pawan ...

Current account deficit soars to $10.7 b in first quarter
Oil bill accounts for 35 per cent of total imports

Slow fund flow to impact markets


Leyland-John Deere venture for backhoes, four-wheel loaders
CHENNAI: Commercial vehicle maker Ashok Leyland has initialled joint venture agreement with John Deere to make construction equipment. It will be an equal joint venture and is expected to go on stream by early 2010. Initially, it will ...

Other Stories

SNAPSHOTS


Barometer


Briefly
Consumer price index up 2 points
SHIMLA: The all-India consumer price index number for industrial workers (CPI-IW) (base 2001=100) improved by two points to 145 in August from 143 in the previous ...

Sundaram Finance hikes deposit rates
CHENNAI: Sundaram Finance has announced an upward revision of 50 basis points in interest rates on fixed and cumulative deposits with effect from October 1. The company will be paying 10.50 per cent on fixed deposits for 12 months and 11 per ...

SAIL inks MoU with L&T for power projects
NEW DELHI: State-owned Steel Authority of India Limited (SAIL) on Tuesday inked a memorandum of understanding (MoU) with Larsen & Toubro (L&T) to jointly own and implement captive and independent power plants at various locations to ...

Hyundai launches LPG version of Santro
NEW DELHI: Hyundai Motor India Ltd. (HMIL) on Tuesday launched the LPG version of its compact car Santro. “We had earlier introduced the CNG Santro and now we are launching the LPG version of our flagship brand Santro. Powered by the 1.1 ...

IndiGo to add 14 new flights
NEW DELHI: IndiGo, the low-fare domestic airline, on Tuesday announced the addition of 14 new flights starting October 1. IndiGo will add round-trip daily services between Jaipur and Ahmedabad, Bangalore and Ahmedabad, Chennai and Jaipur, Pune ...

Yes Bank launches Money Monitor
BANGALORE: Yes Bank launched here on Tuesday, Money Monitor, an online facility for customers to track their transactions with other banks as well. The U.S.-based Yodlee provided the technology to aggregate all financial information, with the ...

Satyam BPO gets interim CEO
HYDERABAD: Satyam Computer Services has announced that Venkatesh Roddam, who heads its business process outsourcing arm, Satyam BPO, is resigning his position to pursue other interests. Vijay Rangineni, the unit’s current Chief Operating ...

RBI, SEBI remarks lift Sensex
MUMBAI: Defying global trends, the Bombay Stock Exchange 30-share sensitive index (Sensex) shot up by 264 points on Tuesday after Finance Minister P. Chidamabram and the Securities and Exchange Board of India (SEBI) pitched in to assuage ...




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