Online edition of India's National Newspaper
Tuesday, March 25, 2008
ePaper | Mobile/PDA Version
Online edition of India's National Newspaper Tuesday, March 25, 2008 ePaper | Mobile/PDA Version |
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Fiat to invest over Rs. 2,300 crore in Pune unitThe company plans to ramp up operations to produce two lakh cars Efforts on to import diamonds from Africa NEW DELHI: Union Minister of State for Commerce Jairam Ramesh, aimed at increasing India’s engagement with major diamond-producing African nations, has chalked out a comprehensive plan to ensure direct imports of rough diamonds from ... 
Sensex gains 294 points, bank shares surgeMUMBAI: The stock markets remained buoyant after a really long week-end, with the benchmark Sensex posting a gain of nearly 294 points on Monday to settle the day at above 15000 level, riding on a surge in banking stocks. The 30-share ... POSCO-India postpones groundbreaking ceremony The function scheduled to take place on April 1 has been deferred Trade-Wings’ affordable tour packages 
Caparo group, Hyundai form venture for luxury busesThe plant will have an annual capacity of 1,500 buses Other Stories
Barometer Briefly ICICI Bank buys back $50 m bonds MUMBAI: ICICI Bank had bought back and retired bonds with a face value of $50 million that were due to mature in 2012, its second such transaction in March. The bonds, which had a 5.75 per cent coupon, were issued by the bank’s Bahrain ... Coal futures trading from March 28 KOLKATA: Coal India on Monday said the coal futures on the e-auction platform would commence from March 28. “The forward e-auction of coal would be kicked off by Western Coalfields on March 28 followed by Northern Coalfields on March 31. ... Three more petitions filed against Lodha NEW DELHI: The Birlas have moved the Supreme Court challenging a Calcutta High Court judgment which quashed its single judge order appointing joint administrators for controlling block of shares held by the late Priyamvada Birla in four Birla ... REL to begin buyback from today MUMBAI: Reliance Energy on Monday said the Rs. 2,000 crore buyback offer of its shares at a maximum price of Rs. 1,600 a share will begin from March 25. ... Citigroup picks up stake in Amtek MUMBAI: Citigroup Global Markets on Monday picked up 2.89 per cent stake in auto ancillary firm Amtek Auto for Rs. 92.88 crore in open market transactions, the company informed the Bombay Stock Exchange. ... Cipla gets interest demand from NPPA MUMBAI: In the ongoing battle between pharma firm Cipla and the Government on alleged overpricing of drugs, the homegrown drug-maker on Monday said that it has been asked to pay Rs. 62.85 crore by price regulator National Pharmaceutical ... ONGC signs performance-oriented MoU NEW DELHI: Oil and Natural Gas Corporation on Monday signed a performance oriented memorandum of understanding (MoU) with the Union Government and its subsidiaries ONGC Videsh Ltd and Mangalore Refineries and Petrochemical Ltd. for 2008-09. ... Allahabad Bank cuts rate on housing loans CHENNAI: Allahabad Bank has reduced the interest rate on housing loans by 25 basis points for both floating and fixed term loans up to Rs. 20 lakhs, classified under priority sector, on all maturities with effect from April 1 on all fresh ... Principal Mutual declares Rs. 40 per share CHENNAI: Principal Mutual Fund has approved the declaration of dividend in Principal Personal Tax Saver Fund at 400 per cent (Rs. 40 per share) on face value of Rs. 10 each). The record date has been fixed at March 25. — Corporate ... KSB Pumps pays 35 p.c. final CHENNAI: The board of directors of KSB Pumps, at its meeting held on March 24, has recommended a final dividend of 35 per cent, making with the interim of 20 per cent paid during the year, a total dividend of 55 per cent for the year ended ... Hasbro Clothing introduces new brand CHENNAI: Hasbro Clothing on Monday announced the formal launch of Probase, targeted at the mass market seeking mid-priced, branded apparel. Priced between Rs. 399 and Rs. 750, Probase would feature a wide collection, from formal wear to ... Gulf Oil launches new motorcycle oil HYDERABAD: Gulf Oil on Monday launched its new generation four-stroke motorcycle oil — Gulf Pride 4T Plus 10W-30. Its unique fuel saving formula will ensure lower fuel consumption and enable its customers to go the extra mile, says a ... XL Telecom gets Rs. 150 crore order HYDERABAD: XL Telecom, a solar panel and photovoltaic cell manufacturer, has secured a Rs. 153.90 crore order for exporting solar panels to a large power utility company in Europe, according to a company release. This will take the ... Welspun Gujarat bags spiral pipes order CHENNAI: Welspun Gujarat Stahl Rohren Ltd., has bagged pipeline orders worth Rs. 1,075 crore for the supply of spiral pipes in Northern Africa. The new order has taken Welspun’s order book position to above Rs. 5,900 crore, says a ... Read Today's supplements: Metro Plus | Education Plus | Book Review | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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