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Since 1st March, 1999
 
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Tightrope walk on subsidy rejig
Spooked by a huge subsidy bill and scared of voter angst, the government is planning a “pragmatic restructuring of subsidies” that will force consumers to pay more for oil and soothe farmers with higher support price. ...  | Read.. 
 
PNB to open more foreign accounts
Punjab National Bank will soon open two more wholly-owned subsidiaries abroad — one in Canada and the other in the UK. ...  | Read.. 
 
M&M faith in Maharashtra
After General Motors placed its bets on Maharashtra, Mahindra and Mahindra (M&M) today announced its plans to set up its ...  | Read.. 
 
Sahara to beef up airline operations
The Sahara group will now concentrate on strengthening airline operations and termed the reports on talks with Jet Airwa ...  | Read.. 
 
India Inc upbeat on inflow of foreign funds
India Inc feels the country is an attractive investment destination despite terror threats, infrastructure bottlenecks and c ...  | Read.. 
 
Picture perfect: Nikon’s SLR digital camera D80 on display in Tokyo on Wednesday. Nikon will put it on the market next month at an estimated price of 160,000 yen ($1,400). (AFP)
 
 
Mutual magic charms Gulf investors
Investors from United Arab Emirates have been the largest subscribers to Indian mutual fund schemes..  | Read.. 
Hutchison posts first profit since listing
Hutchison Telecommunications International, which offers mobile-phone services in nine countries an..  | Read.. 
 
Gilead Sciences in pact with drug trio
Gilead Sciences has tied up with three Indian companies to manufacture and distribute the generic v..  | Read.. 
 
ONGC set to beat Hazira schedule
The Oil and Natural Gas Corporation (ONGC) will restart its flood-hit Hazira gas plant in Gujarat o..  | Read.. 
 
GfK buys 51% of Mode
Market research company Mode Group has tied up with German giant GfK. According to the agreement si..  | Read.. 
 
Country Inns to expand
Hospitality chain Country Inns and Suites will set up three hotels in the next one/two years involv..  | Read.. 
 
AROUND THE GLOBE
Opec sees slowdown in demand
World oil demand will rise more slowly than previously expected in 2006, partly because of record h..  | Read.. 
 
STOCK MARKET
Mutual Funds
CORPORATE BRIEFS
SWC arms’ merger
Supreme Ind
Ratnabali Cap
Lemon Tree
ECIL order
Ybrant Tech
 
UB on the prowl
Bharat Yantra
RBI move
IPO listing
e-filing returns
 
Foreign Exchange
US $1 : Rs 46.58UK £1 : Rs 88.02
Euro : Rs 59.53Yen 100 : Rs 40.05
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