The Hindu Business Line : Thursday, December 14, 2006

ICICI Bank hikes lending, deposit rates
After the recent hike in cash reserve ratio, ICICI Bank is the first to kick off a hike in lending rates by almost 50 basis points. The benchmark advance rate has been revised to 13.75 per cent per annum payable monthly against the present rate ... More

Sensex up 186 on back of strong fund buying
Markets staged a recovery today across sectors, amid heavy volatility, on strong fund buying by domestic institutions and renewed interest in the futures markets. Markets made a technical bounce-back following the drop of almost 1,000 points in ... More

Momentum indicators signal a medium-term downtrend
Technical view on Sensex and Nifty More

Bharti teams up with AXA for life insurance foray
Mutual fund, non-life venture likely in the near future More

Japan keen to take part in rail freight corridor project
Modalities of tie-up yet to be worked out More

Japan's ageing population and India's opportunity
India, with its vast pool of skilled service providers would be ideally placed to provide services across a range of sectors. India would therefore like Japan to facilitate the movement of such service providers across borders More

Bad scheduling of fertiliser imports costs PSUs Rs 160 cr in demurrage
Extra costs due to demurrage and transshipment. Unloading was delayed as grain imports were given priority More

RIL to invest $5.2 b for doubling KG basin output
Armed with the Directorate-General of Hydrocarbons' (DGH) approval for the addendum to its initial development plan for its deepwater block in KG basin, Reliance Industries Ltd is looking at doubling output from the gas field at an enhanced ... More

Apt time to lift ban on sugar exports: Pawar
Govt open to suggestions of decontrolling industry More

DoT seeks Cabinet nod to amend Press Note 5
Foreigner-CEO and remote network monitoring More

Private equity investments soar: PwC
With all the growth indicators positive, the country saw private equity investments more than double this year. The total investments by private equity players have soared to $5.4 billion in the first nine months of 2006 against $2.2 billion ... More

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