The Telegraph - Calcutta : Business

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| Tuesday, May 01, 2007 |

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Rule tweak to check dollar deluge

The Centre today said foreign investment in the form of fully convertible preference shares would now be part of a company’s equity. ... | Read..

Change in lending priority

Banks can now lend more to the housing sector with the RBI today raising the cap on home loans under priority sector to Rs 2 ... | Read..

Subsidiary recast on R-Com radar

Reliance Communications (R-Com) is weighing options to unlock value in its tower business — Reliance Telecommunications ... | Read..

CESC profit up 68%

RPG Enterprises flagship CESC Ltd has reported a 68 per cent growth in profit after tax last fiscal. ... | Read..

HLL fails to whip up the lather

Hindustan Lever today disappointed the Street with a net profit that fell way below expectations. Profit after tax (befo ... | Read..

Speeding away: Gati chairman K.L. Chugh (left) and CEO Mahendra Agarwal with Anita Khurana, commercial director (cargo) of Indian, at the launch of a ... | Read

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JSW Steel buys UK firm for Rs 31 cr

JSW Steel has acquired a steel service centre company in the UK for £3.75 million, or Rs 31 cro.. | Read..

Cash hunt weighs on ICICI scrip

Shares of ICICI Bank plummeted on the stock exchanges on concerns that its huge equity offering wil.. | Read..

Uco Bank earnings surge to Rs 316 cr

Uco Bank has reported a net profit of Rs 316 crore for 2006-07 compared with Rs 196 crore a year a.. | Read..

Shift in United Spirits strategy

United Spirits Limited is planning to phase out some low-cost whisky and rum brands... | Read..

Nestle net at Rs 108 cr

Nestle India has posted a 22.39 per cent increase in net profit at Rs 108.45 crore for the quarter .. | Read..

Leyland buys US auto testing company

Ashok Leyland has acquired the US-based Defiance Testing and Engineering Services for about Rs 72 c.. | Read..

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