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ING buys further stake in Vysya Bank
MUMBAI, SEPT. 9.The ING group today announced that its proposal to purchase an additional 23.99 per cent stake in Vysya Bank has been successfully closed. The total consideration for the transaction is Rs. 340.80 crores. ING's total ...
Rakesh Mohan, new RBI Dy. Governor
MUMBAI, SEPT. 9. Rakesh Mohan took over as Deputy Governor of the Reserve Bank of India today. His appointment is for three years. Dr. Mohan has been appointed Deputy Governor in place of Dr. Y. V. Reddy who has been appointed as Executive ...
Internet exchanges recommended to boost services
NEW DELHI, SEPT. 9.Concerned over slow growth of Internet services in the country, the Telecom Regulatory Authority of India today recommended establishment of Internet exchange points and said the Internet Service Providers should be considered ...
SAIL to divest fertilizer unit soon
KOLKATA, SEPT. 9. The Steel Authority of India expects to wrap up the divestment of the fertilizer unit in Rourkela Steel Plant (RSP) in the next two to three months. According to sources, the company is now negotiating with the only bidder for ...
Other Stories

  • LIC to launch new Bima Nivesh
  • Hatsun Agro's plans
  • PSE stocks take a beating
  • Union Bank signs MoU with NABARD


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  • Wind River partners Smiths Aerospace
  • German Remedies' revamp exercise
  • Epson India's new initiative


    News Analysis
    A glimmer of recovery?
    By S. Swaminathan

    The failure of the Southwest monsoon this year and the drought which followed as a consequence, made it appear that the year 2002-03 would see a further deceleration in economic activity. But the outlook seems to have improved with improved ...

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