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Sunday, August 07, 2005


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Excess rainfall disrupts hydel power generation — Floods, heavy silting create problems
WHILE the monsoons have spruced up the overall generation of hydro electric power, the copious rains in the catchments areas of a number of the larger power projects, combined with heavy silting of rivers, have paradoxically led to disruption of ... More

Small investors cash out — Public holding down in most Nifty companies
THE sustained bull-run on the bourses for over two years has failed to lure small investors into the market in a big way. In fact, they seem to be pulling out their investments from equities. A good indicator of this trend is seen from the fall ... More

Private equity firms — profit-booking to the fore in first six months
PRIVATE equity firms have been aggressively booking profits in the domestic market with the value of exits crossing $1.1 billion in the first six months of the year. This was even as private equity firms made investments of $850 million upwards ... More

Forex reserves surge by $3 b
THE country's forex reserves surged by over $3 billion — the highest in 16 months — for the week ended July 29 due to strong inflows and euro appreciation. As per RBI's Weekly Statistical Supplement, the reserves increased by ... More

AI fleet repairs to be carried out abroad
THE Union Civil Aviation Minister, Mr Praful Patel, announced on Saturday that all the necessary repairs to the Air India fleet would be done abroad until normalcy is restored in the airline's engineering services base in Mumbai. This follows ... More

SBI to raise Rs 3,000-cr tier-II capital: Purwar
STATE Bank of India plans to tap the markets with subordinate debt of up to Rs 3,000 crore under tier-II capital. The move is to fund overseas expansion and forex requirements, according to its Chairman, Mr A.K. Purwar. SBI has drawn up plans ... More



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