Online edition of India's National Newspaper
Saturday, May 03, 2008
ePaper | Mobile/PDA Version
Online edition of India's National Newspaper Saturday, May 03, 2008 ePaper | Mobile/PDA Version |
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Barometer Briefly SEBI clarification on real estate MFs MUMBAI: The Securities and Exchange Board of India on Friday said real estate mutual funds can invest in properties located in million-plus cities and urban agglomerations. Issuing a clarification, SEBI said the cities for investment by real ... Adani Power files draft IPO documents MUMBAI: Ending a lull in the IPO space, the Adani group on Friday filed draft documents for its initial public offer to raise over Rs. 5,000 crore, making the second largest public issue after Reliance Power. ... Forex reserves decline by $663 m MUMBAI: India’s foreign exchange reserves declined by $663 million to $312.871 billion during the week ended April 25 from a record $313.534 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on ... ING buys Citigroup unit for $900 m AMSTERDAM: Dutch banking and insurance group ING on Friday said it would buy pension planner CitiStreet from U.S. banking giant Citigroup and State Street Corp for $900 million. ING said the deal would provide significant operational synergies ... BEML opens sourcing base in China BANGALORE: BEML has opened an office in Shanghai, China, for sourcing and marketing. The new office was inaugurated on April 30 by the Indian Consul General in China, Vishnu Prakash, in the presence of the company’s Chairman and Managing ... GE Shipping’s third interim, special dividend CHENNAI: Great Eastern Shipping Company has posted a net profit of Rs. 1,356.81 crore for the year ended March 31, 2008 as compared to Rs. 883.31 crore in the corresponding period in the previous year. Total income has increased to Rs. ... Kesoram suspends work at spun pipes division KOLKATA: B. K. Birla group company Kesoram Industries on Tuesday declared a work suspension at its spun pipes and foundries section located at Addconagar in Hooghly district, West Bengal.Company officials were not available for comments, but a ... Hyundai Motor’s gesture CHENNAI: Hyundai Motor India, as a gesture to all its friends who helped make the i10 a success, gave a gold plated anti-electromagnetic sticker which absorbs 95 per cent of the electromagnetic waves. The sticker can be pasted on the mobile or ... Tube Investments pays Re. 1 per share CHENNAI: Tube Investments of India has recommended a dividend of Re. 1 per share (face value of Rs. 2) for the year ended March 31, 2008. The company has reported a total revenue, net of excise duty of Rs. 1,762.33 crore against Rs. 1,615.04 ... Eaton to buy Kirloskar engine valve business CHENNAI: Eaton has agreed to purchase the engine valve components division of Kirloskar Oil Engines, located in Ahmednagar and Nashik, in Maharashtra. The deal is expected to close in the third quarter. With this acquisition, the company will ... New director on Anantara Solutions’ board CHENNAI: Anantara Solutions Private Ltd., a new generation outsourcing firm, has appointed L. S. Ganesh as a director on its board. He is the Head, Department of Management Studies, Indian Institute of Technology, Madras, says a company ... Read Today's supplements: Metro Plus | Property Plus | Send: Comments to: thehindu@vsnl.com Letters to the Editor to: letters@thehindu.co.in with full postal address |
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