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Since 1st March, 1999
 
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All clear for stock-play vehicle
Capital market regulator M. Damodaran today said there were no plans to ban participatory notes ' the derivative instrument that is reported to have been misused by a few entities to engineer the market meltdown last May. ...  | Read.. 
 
Markets breathe easy, other suspects queasy
Markets heaved a sigh of relief today after indications emerged that participatory notes would not be scrapped as a vehicle ...  | Read.. 
 
Posco plant fine, not ore exports, says Tata
Investment Commission chairman Ratan Tata today met mines minister Sis Ram Ola and said Pohang Steel Company (Posco) should ...  | Read.. 
 
IDFC files prospectusfor maiden flotation
Infrastructure Development Finance Company (IDFC) has filed a red herring prospectus with Sebi for a public issue of 40.36 c ...  | Read.. 
 
Bengal lobbies for more SSI loans
The Bengal government has urged banks to disburse more loans to small-scale units. ...  | Read.. 
 
Talk at ease: A woman holds a 3G phone at the launch of local service provider Celcomís 3G service in Kuala Lumpur on Wednesday. Malaysia will award two more third-generation mobile licences to spur competition in the industry, bringing
the total to four. (AFP)
 
 
Growth-hungry UBI eager to lend more
United Bank of India (UBI) has set a target of Rs 50,000 crore worth of business and a net profit o..  | Read.. 
Bengal plays Basell hardball
The Bengal government may go back on its decision to sell its stake in Haldia Petrochemicals (HPL) ..  | Read.. 
 
Finance corporation in debt rejig
West Bengal Financial Corporation (WBFC) has started a debt restructuring exercise...  | Read.. 
 
IBP profit plummets to Rs 59 crore
The net profit of IBP has plunged 73 per cent to Rs 58.87 crore for the financial year ended March ..  | Read.. 
 
Gail gets Rs 4962cr sales tax breather
After ITC, itís the turn for Gail (India) to breathe a huge sigh of relief...  | Read.. 
 
Bank of Rajasthan to raise Rs 1000 cr
Bank of Rajasthan (BoR) plans to raise up to Rs 1000 crore through American depository receipts (AD..  | Read.. 
 
Jessop revises wages
Jessop & Co today forged a new long-term wage revision agreement with its workers...  | Read.. 
 
India ranks third on global FDI chart
India has received a record $3.75 billion (Rs 17,266.52 crore) foreign direct investment (FDI) in t..  | Read.. 
 
AROUND THE GLOBE
China permits trading in foreign currencies
China launched a foreign exchange dealing system on Wednesday that allows domestic trading in curr..  | Read.. 
 
Job cut fuels HP quarterly earnings
Hewlett-Packard Co on Tuesday posted a 9 per cent rise in quarterly profit as the No. 2 computer m..  | Read.. 
 
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Growth forecast at 7.2%
HLL delisting
GE foray
Blackstone
Basel II