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Govt plans to trim holding in all public sector banks to 51% — Spate of equity offerings on cards
THE trickle of fresh equity offerings by public sector banks (PSBs) during the current fiscal could turn into a deluge in the coming financial year. In a move that could well spark off a cloudburst of bank offerings, the Government is ...
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Hyundai Motor to set up second plant near Chennai
It is expected that the new plant will be funded by the parent and through internal accruals from the Indian subsidiary.
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Balaji Tele shares end lower on stake sale by Star TV arm
SHARES of Balaji Telefilms moved down on the Bombay Stock Exchange (BSE) to end at Rs 95.80 against the previous close of Rs 97.25 on news that Star TV affiliate Asian Broadcasting FZ LLC had sold 40.74 lakh shares or 6.25 per cent. Asian ...
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Italian fairground outlines major plans for India
NEW DELHI: Fiera Milano SpA, the first European fairground to be listed (Milan Stock exchange since December 2002) has outlined major plans for the Indian market. The company is working on alliances with Indian exhibition organisers for ...
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Cell phone sector jobs set to grow by 30 pc: Study
THE number of people employed by the Indian mobile telephony sector is set to grow by 30 per cent over the next 12 months. This sector currently provides direct and indirect employment to over 3.6 million people, according to a study ...
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Women's groups have great expectations from Budget
In its report, the expert committee had recommended ``a dissection of the Budget to translate gender commitments into budgetary commitments with a view to ensuring effective targeting of public spending.''
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SBI may shift gilts to HTM category
`Anything that SBI does will certainly impact the market because of its sheer size. Once SBI makes the transfer, a lot of counters for those securities will become illiquid'.
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Vallarpadam first global hub terminal: PM
WITH the Prime Minister, Dr Manmohan Singh, laying the foundation stone for the Rs 2,118-crore Vallarpadam International Container Transhipment Terminal at Kochi on Wednesday, the decade-old project moved closer to reality. The Prime Minister ...
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A magnificent response
The Hindu wishes to thank and commend its readers and well-wishers for their magnificent response to the tsunami calamity - they have expressed their solidarity with the victims through tremendously generous contributions ...
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