Online edition of India's National Newspaper
Wednesday, January 05, 2005
Centre invites bidding for 20 oil and gas blocks
NEW DELHI, JAN. 4. The Central Government today offered 20 oil and gas blocks for exploration and production in order to boost domestic crude oil production by 50 per cent to 50 million tonnes in the coming 15 years. Six deep-sea blocks, two ...
S&P warns India of high deficit
NEW DELHI, JAN. 4.Warning India of high fiscal deficit and debt burden, the global rating agency Standard & Poor's said the country was unlikely to sustain high growth as was achieved by East Asian tiger economies. "Indian Government runs ...
Sensex hits new intra-day peak
MUMBAI, JAN. 4. After hitting an all time intra-trade peak of 6696.31 within minutes of resumption of session, the Sensex today moved downwards and ended 28 points lower on selling pressure from domestic investors amid initial upsurge and later ...
Textiles industry gearing for post-quota regime
MUMBAI, JAN. 4.The textiles industry is truly at the crossroads with the end of the quota era on December 31, 2004. In the post-quota regime, there is a $ 400 billion export market and India, together with China, would account for more than 60 ...
IOC to expand Paradip capacity
NEW DELHI, JAN. 4.The Indian Oil Corporation will increase the capacity of its proposed oil refinery at Paradip in Orissa to 15 million tonnes and build it as a petrochemical-cum-oil refinery by 2009-10 at an estimated cost of Rs. 20,000 crores. ...
IPCL board meet
NEW DELHI, JAN. 4.The board of Indian Petrochemicals Corporation is likely to meet on January 20, a day before the board meeting of the flagship company Reliance Industries to approve October-December 2004, financial results. During the meeting ...
NTPC sets capital outlay
NEW DELHI, JAN. 4.The National Thermal Power Corporation today said it had envisaged a capital outlay of Rs. 8,550 crores for 2005-06. The capital expenditure would be financed in the debt equity ratio of 70:30, NTPC informed the Bombay Stock ...
Marsons to issue 1:2 bonus
CHENNAI: Marsons has approved the issue of bonus shares in the proportion of one share for every equity share of Rs. 2 each. The board has also approved for increasing the equity capital to Rs. 11 crores from Rs. 10 crores. An extraordinary ...
Shell India donates Rs. 2 crores
CHENNAI: The Shell group is contributing Rs. 13.50 crores to support the relief and rehabilitation efforts in the Tsunami affected region across Asia. Shell India has donated Rs. 2 crores to the Prime Minister's National Relief Fund. Vikram Singh ...
Vedanta, Sterlite group
CHENNAI: Vedanta and the Sterlite group have announced that the group would be contributing Rs. 1 crore to the Prime Minister's National Relief Fund and Rs. 51 lakhs to the Tamil Nadu Chief Minister's relief fund. The company's employees are ...
CHENNAI: Coca-Cola India has donated Rs. 50 lakhs to the Chief Minister's Relief Fund. Jaspal Singh, vice-president, operations, handed over a cheque of Rs. 50 lakhs to the Chief Minister for augmenting the rehabilitation of the affected. ...
CHENNAI: Hexaware Technologies is donating Rs. 1 crore to the Prime Minister's National Relief fund. The donation includes employee and corporate contributions. Hexaware joined hands with Aid India organisation to assist tsunami-affected ...
United Bank of India
CHENNAI: United Bank of India has donated a sum of Rs. 25 lakhs to the Prime Minister's National Relief Fund for tsunami victims. The bank has advised all its branches to take a pro-active role in collecting donations from the people at large and ...
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