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Consensus reached on divestment
Briefing newspersons in the Capital on Thursday, the Information and Broadcasting Minister, Ms Sushma Swaraj, said that the Disinvestment Minister, Mr Arun Shourie, would announce the decision in Parliament next week. Ms Swaraj refused to give ...
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Common carrier norm for petro product pipelines
THE Union Government has notified a new policy for laying petroleum product pipelines in the country on `common carrier' principle, the Union Minister for Petroleum and Natural Gas, Mr Ram Naik, said here on Thursday. The new policy has ...
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Honda to unleash Fit next year
HONDA Siel Cars India Ltd, whose Honda City is a major hit with the Indian car buyer is all set to introduce its second offering for the domestic car market. Top sources told Business Line on Thursday the company has decided to drive in ...
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Maruti's Vitara to take on Merc, HM
THE country's largest carmaker, Maruti Udyog Ltd, may price its soon-to-be-launched Grand Vitara utility vehicle at Rs 20-22 lakh, pitting it against a host of similar vehicles that will hit the Indian roads next year. Maruti recently displayed ...
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Indian Bank seizes Chennai hotel assets
INDIAN Bank today announced that it had taken possession of the property of Hotel Srilekha Pvt Ltd in Chennai, under the powers given to the bank by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest ...
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Infosys campus plans worry Karnataka
KARNATAKA Government officials are concerned about talks that Infosys Technologies was likely to shift its proposed second development centre outside the State. "We are eager to have the second Infosys campus near Bangalore... if the company ...
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Central PCB slaps notice on major TN distillers
THE Central Pollution Control Board has again slapped production restrictions on a number of distillery units in Tamil Nadu despite a clean chit by the State Pollution Control Board, according to industry sources. The sources told Business ...
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