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FTA: India looks to ASEAN
NEW DELHI, DEC. 30. India is moving slowly on entering into a free trade agreement with the Association of South East Asian Nations (ASEAN) despite the enormous benefits that may accrue as a result of such an arrangement. Official estimates are ...
L&T appoints Naik as CMD, to exit glass container business
MUMBAI, DEC. 30. The board of Larsen & Toubro (L&T) has appointed A. M. Naik as the Chairman and Managing Director (CMD) of the company. Mr. Naik has successfully led the company through some of its most challenging times since he took over as ...
Privatisation of Railways ruled out
NEW DELHI, DEC. 30. S. C. Gupta, Member (Electrical), Railway Board, today categorically ruled out privatisation of the Indian Railways, as recommended by the Rakesh Mohan Committee, but said that the other recommendations were being ...
Parmalat founder admits diverting funds
BRUSSELS, DEC. 30. The Milan magistrates are now investigating Europe's `biggest and spectacular' corporate scandal, where equivalent of some Rs. 25,000 crores to Rs. 50,000 crores cash assets in euros, have `just vanished' from the company's ...
Other Stories

  • Rupee rallies against $
  • Alstom gets offer from Areva
  • Initial gains not held on BSE
  • SAIL under pressure to reduce retirement age
  • BHEL sets achieve record power output
  • Kotak Mutual launches equity growth scheme


    Barometer
  • Exchange rates
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    Briefly
    Vedanta to invest in Sterlite
    LONDON, DEC. 30. Vedanta, the holding company of Sterlite Industries, will invest a portion of the 507 million pound sterling raised through the public offer on the London Stock Exchange, in the forthcoming rights issue of its ...
    Orange to invest Rs. 1,800 cr.
    MUMBAI, DEC. 30.As part of its aggressive plans for the growing cellular market, leading mobile phone service provider Orange will invest Rs. 1,800 crores in India next year for expanding network infrastructure and improving coverage footprint, ...
    Other Stories

  • Reliance Info's camera phones
  • Barclays to move jobs to India
  • Last date extended for new weaving units
  • ICICI Lombard's travel insurance scheme
  • IDBI to raise funds through ECB



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