The Telegraph
 
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Since 1st March, 1999
 
THE TELEGRAPH
 
 
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


 Press Releases
 
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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Maxis stake buy
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