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The Hindu - Business

Sat, 05 Jul 2008

•	Norms for WiMAX, 3G services soon
	Security issues in BlackBerry to be sorted out

•	Central banks globally accept high inflation
	Policy dilemmas have become more acute, says Reddy

•	Direct tax collections up 39 % in first quarter
•	ADAG seeks probe in RCom share slide
	NEW DELHI: The Anil Ambani group on Friday asked market regulator SEBI to probe hammering down of shares of Reliance Communications (RCom) and other companies by rivals and charged Reliance Industries (RIL) with attempting to derail the ...

•	Lafarge Boral Gypsum’s Rajasthan unit on stream
	To produce one-crore sq. m. gypsum boards annually

•	Trent draws up investment plan for new hypermarkets
	MUMBAI: Trent, the retail arm of the Tata Group, has drawn up a Rs. 2,000-crore investment plan for setting up 50 hypermarkets, Star Bazaar, over the next five years, a top company official said. “We are launching 50 new ...

•	Parryware Roca, M&S proposals get FIPB nod
	NEW DELHI: The Union Government has permitted Parryware Roca Pvt. Limited to bring in Rs. 741.48 crore as foreign direct investment (FDI) for increasing the foreign equity stake from 50 per cent to 100 per cent in its sanitaryware venture and ...

•	Sensex stages partial recovery points
	MUMBAI: Markets breathed easy on Friday as inflation and political situation, that led to relentless selling and pulled down Sensex to 12000 level, gave investors reasons to feel a bit relieved, particularly the rate of price rise which ...

•	Rupee gains 15 paise
	MUMBAI: The rupee gained 15 paise to close at 43.15/16 against the U.S. currency after a smart rally in equity markets and on some dollar selling by foreign banks. In active trading at the interbank foreign exchange market, the rupee ...

•	Morgan Stanley teams up with Agile
	HONG KONG: Morgan Stanley will team up with Chinese property firm Agile Property to invest $2.92 billion developing a holiday resort on China’s Hainan, banking on a tourism boom on the southern island. ...

•	NMDC forms venture with CMDC
	NEW DELHI: National Mineral Development Corporation (NMDC) has formed a joint venture company with Chhattisgarh Mineral Development Corporation (CMDC) to set up a Rs. 1,500 crore mining project in the state. The JV company, in which NMDC holds ...

•	Vodafone wins U.K. anti-avoidance tax battle
	British-based mobile phone group Vodafone on Friday won a test-case tax battle which means it does not have to pay extra corporation tax to the U.K. government on its Luxembourg-based ...

•	Airtel, Tata Indicom slash prepaid tariff
	NEW DELHI: Mobile operators Airtel and Tata Indicom have slashed their pre-paid tariff rates from Friday and launched new schemes in order to retain their existing customers and woo new clients. Bharti has announced that all its pre-paid ...

•	Forex reserves drop $691 m to $311.79 billion
	India’s foreign exchange reserves fell by $691 million for the week ended June 27 to $311.79 billion. These had jumped by $1.794 billion to $312.481 billion in the previous ...

•	Airbus opens second delivery centre
	HAMBURG: Stepping up output of its giant A380 plane, Airbus opened a second delivery centre on Friday in the German city of Hamburg. Reflecting its Franco-German heritage, the company builds the hulls of the two-deck planes in Toulouse, France ...

•	Hyundai announces upgrade scheme
	NEW DELHI: Hyundai Motor India on Friday announced a novel “Exchange and upgrade scheme” that allow customers to lower their monthly car loan payments even as they upgrade to a bigger car. “To avail of the scheme, one ...

•	Exchange Rates
•	Bullion Rates
•	BoB UAE to market Reliance MF products
	NEW DELHI: Reliance Mutual Fund on Friday announced that it had joined hands with Bank of Baroda, United Arab Emirates (UAE) for distributing its schemes through their branches in the Gulf Co-operative Council region. The agreement was signed ...

•	Tristar Kitchens offers ALNO range
	CHENNAI: Tristar Kitchens Pvt. Ltd. has announced the launch of the ALNO range of high tech German modular kitchens in Tamil Nadu by opening an exclusive showroom in Alwarpet, Chennai. Sadhana Raju, Managing Director, Tristar, said the demand ...

•	Karnataka Bank ties up with ICICI Prudential
	MANGALORE: Karnataka Bank on Friday has entered into a pact with ICICI Prudential Asset Management Company for distribution of latter’s mutual fund products. A bank press release here stated that Chairman and Chief Executive Officer of ...

•	IOB raises rates on NRE term deposits
	CHENNAI: Indian Overseas Bank has made upward revision of interest rates on NRE term deposits. The bank is offering a higher rate of 3.31 per cent for 1 year to less than two years against 3.16 per cent previously, 3.60 per cent for two years ...

•	India gold conclave on July 19
	CHENNAI: The Art of Jewellery magazine, in association with the Gold Club of Chennai, is organising India Gold Conclave (IGC) in Chennai on July 19 with the active support of the World Gold Council (WGC). According to K. ...

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