The Hindu : Business News : Friday, May 30, 2008

Online edition of India's National Newspaper Friday, May 30, 2008 ePaper \| Mobile/PDA Version

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ECB norms eased to spur investments
Infrastructure cos. can raise up to $100 m

L&T announces 1:1 bonus

Panel for exchange traded currency futures
The minimum size of the dollar-rupee contract can be $1,000 initially

Sovereign funds can invest as FIIs
MUMBAI: The Securities and Exchange Board of India on Thursday allowed overseas sovereign wealth fund to register as foreign institutional investors (FIIs) and invest in shares and government securities. With the amendments to the FII ...

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OIL signs pact for blocks in Libya

Four more UMPPs approved

Stern steps against excise evasion

Samsung makes foray into mobile accessories

Rupee ends lower

Imminent fuel price hike spooks market

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SNAPSHOTS

Linde Group to invest 1 b euro in BOC India
KOLKATA: Germany’s Linde Group plans to invest 1 billion euro in BOC India over 7-10 years, a senior official said on Thursday. “Major part of the investments will go to gas plants in steel units,” Sanjiv Lamba, Managing ...

Topsgrup buys majority stake in U.K. firm
MUMBAI: In the first-ever acquisition of an overseas security company by an Indian firm, security services and solutions provider, TOPSGRUP, has acquired a 51 per cent stake in Shield Guarding of the U.K, in an all-cash deal of Rs. ...

Piramal Life Sciences lists on BSE
MUMBAI: Piramal Life Sciences, the newly hived off research and development business of the Piramal Group, which listed at Rs. 300 on Thursday, gained 4.63 per cent to close at Rs. 313.90 on the BSE. ...

Indonesia withdraws from OPEC
JAKARTA: Declining oil reserves and investment have forced Indonesia to quit the Organization of Petroleum Exporting Countries (OPEC) even as other members cash in on soaring global prices, the Energy Minister Purnomo Yusgiantoro said. ...

Videocon plans hydro project in Uttranchal
NEW DELHI: Diversified business group Videocon is planning to set up a 1,000 MW hydro power project in Uttranchal with an investment of Rs. 6,000 crore. It plans to rope in a U.S. partner for the proposed project, Group Chairman and Managing ...

Pakistan stocks rule weak
KARACHI: Pakistani shares fell more than 4 per cent in early trade on Thursday on political uncertainty and worry about a heavier tax burden on share trading, dealers said. ...

Other Stories

Sedna Infotech’s web-based development tool

25 per cent final from TNPL

Britannia pays Rs. 18 per share

Mortice lists on LSE

FICCI signs MoU with World Gold Council

Orchid Chemicals maintains dividend

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