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Sunday, October 02, 2005


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Indian companies awash with liquidity
Surplus funds in excess of Rs 1,00,000 crore

IT appears to be India Inc's fitting response to the call of "Show me the money!" Listed Indian companies are sitting on a pile of cash and liquid investments, which at the end of financial year 2005, aggregated to about Rs 1,16,000 ... More

L&T to develop manufacturing growth centre in Coimbatore — Rs 500-cr marine structures unit also on cards
LARSEN & Toubro Ltd plans to develop a manufacturing growth centre in Coimbatore, its fifth such centre in the country. Simultaneously, the company is also considering having another facility to manufacture marine structures at an investment ... More

New SEBI guidelines' effect on Cholamandalam Investment — Murugappa group drops move to make pref offer to DBS Bank
Under the revised takeover guidelines, if in a company the promoters hold a 55 per cent stake, they cannot raise their holding either through a preferential offer or a creeping acquisition. More

Airlines brace for lean season with lower fares
SEVERAL airlines operating from India to the West have brought down their fares with the start of the lean season for travel. While Air India, British Airways and Jet Airways have already effected a cut in fares, bmi (British Midlands) has ... More

Microsoft to launch Rs 1,000 starter XP edition to take on piracy
The edition comes with high localisation and would be available in a local language interface such as Hindi, Telugu and Tamil. More




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Looking back
Sep. 25-Oct. 1
Petroleum Ministry to approach Cabinet for IBP-IOC merger


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