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DoD for 26 p.c. equity sale in HPCL to strategic partner
NEW DELHI, DEC. 17. The Disinvestment Ministry is understood to have suggested sale of 26 per cent equity in oil PSE Hindustan Petroleum Corporation Ltd. (HPCL) to a strategic investor and a public offer for 35 per cent equity in Bharat Petroleum ...
Efforts on to secure release of Polaris officials
CHENNAI, DEC. 17. Despite all out efforts, Polaris Software has not been able to secure the release of its Chairman and Managing Director and CEO, Arun Jain, and head of bankware division, Rajiv Malhotra, who have been detained by the Indonesian ...
5-5.5 p.c. growth in GDP likely — Jalan
MUMBAI, DEC. 17.The Governor of the Reserve Bank of India, Bimal Jalan, said the Indian foreign exchange market was stable and orderly and the country was confident of achieving 5 to 5.5 per cent growth in the economy. "India's foreign exchange ...
Bank shares in limelight
MUMBAI, DEC. 17. Barring a smart rise in banking counters, select old economy heavyweights, led by tobacco major ITC declined moderately pushing down the Sensex by another 17.33 points to close at 3311.06 on the Bombay Stock Exchange today ...
Rupee strengthens further
MUMBAI, DEC. 17. The rupee edged up further against the U.S. currency today, ending at 48.1350/1400 a dollar, yet another closing high for the current calendar year, driven up by healthy trade inflows in an otherwise quiet and listless trading at ...
INTERVIEW
Russian GIS industry keen to cooperate with Indian cos.
HYDERABAD, DEC. 17.The $500 million Russian Geographical Information Systems (GIS) industry is looking towards India for cooperation and a collaborative effort, so that together they can offer, to the rest of the world, cheaper and economic ...
Other Stories

  • AICMA for removing 4 p.c. excise duty on bicycles
  • Ravi Sharma new Alcatel India MD
  • Reforms in investment approvals proposed
  • Orchid acquires Mano Pharma
  • TAFE plans to launch new variants


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  • Hyundai bags energy conservation award
  • Sify gets venture funding

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