The Hindu Business Line : Thursday, September 28, 2006

India, Pak banks may open branches across the border
Banks in India and Pakistan may open branches across the border in the near future, according to Dr Shamshad Akhtar, Governor, State Bank of Pakistan. Speaking to reporters at a banking seminar, Dr Akhtar, not naming the banks, said banking ... More

Inter-Ministerial turf war may delay pharma policy
Reduction of excise duty on drugs from 16 pc to 8 pc More

Lafarge to set up 3-mt plant in Himachal
Co's capacity in India to go up from 5.5 mt to 8.5 mt More

Auto components majors put off overseas acquisition plans
US, European firms quote higher valuations More

RBI may extend `when issued' trading to new issuances
"Currently, when-issued trading is limited to reissuances only. We are planning to extend it to new issuances as requested by market participants." More

GSM, CDMA players divided over TRAI's 3G ruling
Telecom industry is once again split over the recommendations of the Telecom Regulatory Authority of India on 3G services, with the GSM operators on one side expressing concern over the high base price and CDMA operators on the other stating that ... More

Sonata Soft to buy majority stake in TUI InfoTec
Investment to be made through Sonata Europe More

INFORMAL MEETINGS
Mobile Mondays: Entrepreneurs get a voice
This simple act of getting entrepreneurs in a city to discuss and exchange experiences has the potential to become a big movement and draw investors' attention. More

Exit spectre haunts MFs
Upbeat market steps up redemption claims More

Late profit booking pares gains; bank stocks rule firm
More

Basket selling weakens indices
Both the BSE and NSE indices dipped sharply from day's high level. According to stockbrokers, a foreign institutional investor having a huge exposure in the Indian market indulged in selling through `basket trading' on Nifty stocks. In `basket ... More

Rama Newsprint: `Momentum' buying seen
The stock of Rama Newsprint has surged close to 150 per cent ever since its re-listing on September 20. According to market sources, `momentum' traders were targeting re-listing candidates, which were fundamentally quite decent. According to ... More

Low pressure in Bay may stay put
Rainfall likely along east coast More

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