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NHB cuts refinance rates
NEW DELHI, JUNE 11.Months after the Reserve Bank of India's Bank Rate cut, the National Housing Bank today slashed refinance rates for housing finance companies by 0.50 to 1.2 per cent which is expected to benefit consumers to a great extent and ...
Sensex stages fresh rally
MUMBAI, JUNE 11. Buoyed by de-escalation of tension in the sub-continent, share values staged a further smart rally on the Bombay Stock Exchange today after heavy buying support from all quarters pushed up the Sensex by another 82.93 points to ...
Mahajan's positive response to address key regulatory issues
HYDERABAD, JUNE 11.Some of the regulatory issues taken up with the Union Minister for Communication and Information Technology, Pramod Mahajan, received `very very positive response' and the National Association of Software and Services Companies ...
IOC signs MoU with Ceylon Petroleum
NEW DELHI, JUNE 11. The Indian Oil Corporation (IOC) today signed a memorandum of understanding with the Ceylon Petroleum Corporation (CPC) for taking over 100 petroleum retail outlets in Sri Lanka. IOC and CPC have agreed to operate and use the ...
Other Stories

  • Mortgage backed securitisation issue
  • Wipro launches Saudi operations
  • Casio India's plans


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    Yokogawa's diagnostic tool
    CHENNAI: Yokogawa Blue Star has introduced a unique environmental diagnostic tool in India, for users of Yokogawa's process control solutions. This tool facilitates designing a good protection for the electronic systems used in the process ...
    SG Software infuses fresh capital
    BANGALORE: SG Software, the research and development centre of the corporate and investment banking arm of the Societe Generale group, is implementing an equity capital injection of $1.8 million, taking the total equity capital to $2 million. ...
    Promoters' stake up in Sterlite Ind.
    NEW DELHI: The promoters of Sterlite Industries have hiked their stake by about 5 per cent over the last few months to touch 42.96 per cent, even as their proposal to buy back another 50 per cent of the company's equity is hanging fire. Over the ...
    Ceiling on FII purchases in UB goes up
    MUMBAI: Foreign institutional investors can now purchase through primary and secondary markets equity shares and convertible debentures (CDs) of United Breweries up to 49 per cent of the paid up capital. This follows the company passing a ...
    I-Flex public offer oversubscribed
    MUMBAI: The initial public offer (IPO) of I-Flex Solutions closed today and was oversubscribed 2.32 times, receiving bids for 91.91 lakh shares as against issue size of 39.61 lakh shares. The floor price for company's IPO, which opened for ...

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