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IPOs for 5 major PSEs mooted
NEW DELHI, JULY 8.Buoyed by a recent spurt in market prices of public sector enterprise shares, the Disinvestment Department has mooted a proposal for mopping up Rs. 25,000 crores by making public offers in five major PSEs including BSNL, IOC and ...
ADR, GDR norms further relaxed
NEW DELHI, JULY 8.The Government today liberalised further the norms for raising funds from overseas market to acquire shares of public sector enterprises being disinvested by removing the end-use restrictions on utilising the funds. "As per ...
No adverse impact of Ambani's death
MUMBAI, JULY 8.Stocks on the Bombay Stock Exchange finished with noticeable gains, setting at rest fears that the death of the Reliance group patriarch, Dhirubhai Ambani, might have adverse impact on the bourse. Leading the price rally, shares ...
Carens, Hyundai's next on offer list
CHENNAI, JULY 8. With an eye on the `recreation segment' of car buyers, Hyundai Motor India (HMIL) is readying for a road test to launch in the domestic market a popular product manufactured by its group outfit, Kia Motors. Carens, made by Kia ...
Merck reports $12b in revenue never collected
NEW YORK, JULY 8.More than $12 billion in revenue reported by Merck & Co. was never collected by the drug giant's pharmacy-benefits unit, The Wall Street Journal reported. Merck counted patients' co-payments to pharmacies as revenue ...
Other Stories

  • Dupont's big investment plans in India
  • HCL Infosystem's plans
  • Tea Board may ease auction licensing
  • ONGC's faux pas on MRPL acquisition
  • Rupee posts fresh gains
  • Greaves unit under lock-out
  • Govt.'s special package for reviving BRL
  • Knoll to become Abbott India


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