The Telegraph - Calcutta : Business

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| Thursday, May 10, 2007 |

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Chiria twist to SAIL upgrade

Bowing to the Jharkhand government’s pressure, SAIL has decided to produce more steel in the state and raise further the capacity of the Burnpur plant of IISCO Steel. ... | Read..

Vodafone pays less for Hutch deal

Vodafone today completed its acquisition of Hutch Essar, paying $180 million less than the original offer price. ... | Read..

Institutions queue up for Maruti stake

The government is likely to raise around Rs 2,250-2,500 crore by selling its rump holding of 10.27 per cent in Maruti. ... | Read..

ONGC finds big gas reserve in Iran

An Indian consortium led by ONGC Videsh has made a huge gas discovery in Iran. ... | Read..

Sebi confirms ban on scamsters

Market regulator Sebi today confirmed the ban on the Jhaveri group and Sugandh Estate and Investment for their role in the I ... | Read..

SAY CHEESE! Canon India president Kensaku Konishi with vice-president Alok Bharadwaj at the launch of the company’s latest range of consumer products ... | Read

Press Releases

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BNP enters Sundaram Home

BNP Paribas will acquire a 49.9 per cent stake in Sundaram Home Finance for Rs 196.98 crore. This w.. | Read..

Subsidy burden lies heavy on GAIL profit

GAIL (India) Ltd has posted a 3 per cent increase in net profit at Rs 2,387 crore for the finan.. | Read..

Mother Dairy to export fruits

Mother Dairy, a subsidiary of the National Dairy Development Board, is planning to export fruit.. | Read..

AllBank scheme to help senior citizens

Allahabad Bank will launch a reverse mortgage product soon... | Read..

02 targets 35% of PDA phone market

PDA phone giant 02 aims to capture a 35 per cent market share in India. The company is a wholly.. | Read..

Lupin net rises to Rs 137cr

Lupin has reported close to a three-fold growth in net profit at Rs 137.08 crore for the three mont.. | Read..

Insurers take credit for price stability

General insurance companies have not resorted to undercutting since the segment was detariffed .. | Read..

Fortis Healthcare makes a weak debut

Fortis Healthcare, a Ranbaxy group company, today dipped 9.35 per cent in its debut trade on th.. | Read..

Canon revenues to double next year

Canon India today said it expected to double its revenues to Rs 800 crore by 2008. The company .. | Read..

JN Sapru, an officer and a gentleman

Jagdish Narain Sapru, former ITC chairman, passed away in Calcutta yesterday. He was 74... | Read..

Tata Power rating may come down

Global rating agency Standard and Poor’s Ratings Services today placed Tata Power on credi.. | Read..

AROUND THE GLOBE

Rio Tinto soars on BHP Billiton bid talk

Shares in mining group Rio Tinto surged on Wednesday on talk that bigger rival BHP Billiton was pla.. | Read..

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