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SNAPSHOTS
Forex reserves up $1.9 billion
MUMBAI: India’s foreign exchange reserves rose by $1.887 billion to $247.686 billion on November 28 , the Reserve Bank of India said in its weekly statistical supplement on Friday. ...

To buy stake in commodity bourse
NEW DELHI: HDFC Bank has applied to the Reserve Bank of India to buy 10 per cent stake in MMTC-Indiabulls promoted commodity exchange, which is expected to be operational by March 2009, MMTC Chairman Sanjiv Batra said here on ...

Kingfisher flight to London from January 5
NEW DELHI: Kingfisher Airlines, which had received permission to fly on several international routes earlier this week, would commence daily non-stop flights from Mumbai to London Heathrow from January 5. ...

BUSINESS
India, Russia sustain business ties: Kamal Nath
Both nations asked to explore joint investment in IT, banking

Economy revival measures from today
It will not be a single package. There will be a first package, second and third part of it, says Kamal Nath

GM launches new Chevrolet Aveo U-VA
BANGALORE: The engineering centre of General Motors India here is fast becoming a ‘power train hub’ for the entire Asia Pacific operations of the company, GM President and Managing Director Karl Slym said here on Friday. The ...

Transition to IPv6 a big challenge: experts
Both IPv6 and IPv4 are likely to co-exist for a long time

India-ASEAN summit postponed
NEW DELHI: The much-awaited summit between India and the 10-member Association of Southeast Asian Nations (ASEAN) has been postponed due to the political crisis in the host-nation Thailand. Prime Minister Manmohan Singh was to visit Thailand ...

Draft norms for takeover of failed businesses issued
MUMBAI: The Reserve Bank of India on Friday stipulated that a securitisation company (SC) or a reconstruction company (RC) may resort to ‘change in’ or ‘take over’ of the management of the business of the borrower, ...

Other Stories



Barometer


Briefly
Colgate declares Rs. 9 per share interim
MUMBAI: The board of Colgate Palmolive (India) has announced a first interim dividend of Rs. 9 per share (face value Re. 1 each) for the year ending March 31, 2009. In 2007-08, an interim of Rs. 6 per share and a final dividend of Rs. 7 per ...

ICICI Prudential Life launches new product
CHENNAI: ICICI Prudential Life has announced the launch of ICICI Pru Pure Protect, a flexible and affordable term product, designed to provide customers with the option of availing an insurance cover and provide total security to their ...

MARG lands airport project in Karnataka
CHENNAI: MARG, an infrastructure and real estate development company, has landed the contract for the development and operation of the greenfield airport project, proposed at Bijapur in Karnataka. The project, conceived under the ...

Dalmia Cement Kadapa unit on stream
CHENNAI: Dalmia Cement (Bharat) has commissioned its 2.25 million tonnes greenfield cement project in Kadapa, Andhra Pradesh. The kiln at the unit was lighted by Gautam Dalmia, Joint Managing Director, on December 1, according to a ...

Raheja nominated for CNBC Awaaz award
NEW DELHI: Leading real estate company Raheja Developers has been nominated for the best residential project of the country for this year by CNBC Awaaz-Crisil Real Estate Awards for its Raheja Atlantis project. There were almost 30 builders ...




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