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Sunday, March 27, 2005

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Hyundai's second plant to be ready for new small car
HYUNDAI Motor India Ltd's (HMIL) second plant, work on which will begin in April, is expected to be ready in time for the launch of a new small car being developed by its parent, Hyundai Motor Company. The second plant will build the successor ... More

BSNL launches Rural Info Society
TO reach the untapped rural telecom market, Bharat Sanchar Nigam Ltd has launched a forum called the Rural Information Society Initiative (RISI). The forum seeks to bring together agri-commodity corporate bodies, franchisees, application ... More

Tata-Murdoch DTH venture clearance may take a while
THE NewsCorp chief, Mr Rupert Murdoch, might have to wait a little longer for his direct-to-home (DTH) venture to take off. The Ministry of Company Affairs is understood to have found certain inadequacies in the shareholders' agreement between ... More

Choppy equity markets may infuse life, spur flows into debt funds
ASSET management companies are hoping that the current slump in the equity markets will help provide some respite to dying debt funds. The poor run that debt funds have had in the last few months have put them behind savings schemes and even ... More

ITC board okays Rs 14,000-cr investment plan over 5-yr period — Growth strategy covers outlays for acquisitions
THE board of directors of ITC Ltd, at its meeting here on Saturday, approved the company's business plans for the projected five-year period ending 2009-10, envisaging a total investment of Rs 14,000 crore. The large investment-led growth ... More

Economic reasons for F-16 sale?
THE Bush administration's decision to sell the F-16 jet planes to Pakistan has as much to do with economic reasons as it perhaps pertained to politics, security and American strategic calculations in South Asia and the Asia Pacific. The ... More

Exports shift to more reliable Asian markets
THE big news on the export front is that over the past 50 years, India has been steadily reducing its reliance on unreliable markets. Exports to the European Union, the US and Japan have been steadily coming down. The decline has not been smooth. ... More

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