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| Monday, January 30, 2006 |

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Arcelor dumps Mittal Steel bid

Arcelor’s board of directors today rejected a hostile takeover bid by Mittal Steel, saying it would hurt the group, its shareholders, employees and customers. ... | Read..

Revival potion for rural banks

Union finance minister P. Chidambaram is likely to announce a recapitalisation package worth Rs 4,000 crore for certain ... | Read..

Shift in bank income profile

Banks may turn to fee-based income from services such as wealth management, mutual funds and insurance to make up for low ... | Read..

Sweetened offer for Myanmar gas

India has informed Myanmar that it is ready to buy natural gas from the offshore Shwe fields on a “take or pay” ba ... | Read..

Orissa turns heat on Reliance Energy

The Orissa Electricity Regulatory Commission (OERC) has initiated proceedings to suspend the licences of Reliance Energy ... | Read..

Closed doors

India loses the whiff of money
January 24, 2006) shows that investors are neutral on India. Thailand, Turkey, Brazil, Russia are t.. | Read..

ICICI OneSource plans new centre
ICICI OneSource, one of the top 10 business process outsourcing firms in the country according .. | Read..

Usha Martin on expansion spree

Usha Martin Ltd is set to double its speciality steel capacity to capture a larger portion of the b.. | Read..

LG local arm to make handsets

LG Electronics India Pvt Ltd is set to manufacture CDMA handsets by the second half of this yea.. | Read..

States levy high food tax

Several states are still levying a 12.5 per cent value-added tax on processed foods hampering t.. | Read..

REL bags highway projects

Reliance Energy Limited (REL), an ADAE group company, has bagged Rs 488-crore worth projects for la.. | Read..

PERSONAL FINANCE

Running out of steam

Loose Change

Q & A: What lies ahead

ONGC steps up oil hunt