The Telegraph - Calcutta : Business

| Sunday, November 20, 2005 |

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Scope widens for sick PSU chiefs

The Standing Conference of Public Enterprises (SCOPE) has proposed to the Board for Reconstruction of Public Sector Enterprises (BRPSE) to increase the superannuation age of the chairmen and directors of 88 sick public sector units from 58 to 65 yea ... | Read..

IOC keen on petrochem hub

Indian Oil Corporation is keen to invest in the proposed petrochemicals hub in Haldia, chairman Sarthak Behuria told Bengal ... | Read..

JSW Steel debt-cut plan ready

JSW Steel has decided to cut its debts. The company is planning to prepay close to Rs 450 crore to banks and financial ins ... | Read..

Sahara Computers to extend reach

Sahara Computers and Electronics Ltd (SCEL) will take its PC business to satellite cities and towns in the country at an inv ... | Read..

BoB eyes full control of housing finance arm

Bank of Baroda (BoB) is in the final stages of negotiations with the National Housing Bank, its partner in BoB Housing, ... | Read..

SCOPE chairman Sarthak Behuria (right) in Calcutta on Saturday. Picture by Kishor Roy Chowdhury

Banks reject Nabard rate-cut plea
Nationalised banks have turned down a proposal of the National Bank for Agriculture and Rural .. | Read..

ONGC pins high hopes on Nigerian deal
The ONGC-Mittal combine expects to produce around $10 billion worth of oil and gas every year f.. | Read..

AROUND THE GLOBE

GM gears up for job cuts

As General Motors Corporation prepares to announce much-awaited job cuts and the US assembly plant .. | Read..

Ford finds the going tough

Ford Motor Co., facing a deepening financial crisis, said on Friday it plans to eliminate 4,000 sal.. | Read..

Toyota speeds along US track

Toyota Motor Corp grabbed more retail market share than Ford Motor Co in the US in early November a.. | Read..

Key meet to curb crude volatility

Global oil consumers and producers met in Saudi Arabia on Saturday to discuss calls for greater tra.. | Read..

SBC closes AT&T buy

SBC Communications Inc said on Friday it closed its $16 billion purchase of AT&T Corp after Cal.. | Read..

CORPORATE BRIEFS

AllBank?s no-frill account