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| Tuesday , February 12 , 2008 |

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RPower gloom engulfs bourses

The sensex tumbled again — a boring regular feature over the past three weeks — but the talking point in the market was the way Anil Ambani’s first public issue tanked on the first day of listing. ... | Read..

Investors accept plunge

Retail investors remained stoic after the first company bearing the Reliance tag showed a loss on listing day. ... | Read..

Grey market players devastated

Reliance Power’s dull debut has spelt doom for the grey market. ... | Read..

SBI, two others cut loan rates

The State Bank of India today reduced its benchmark prime lending rate by 25 basis points to 12.50 per cent. The new lending ... | Read..

Mittal’s Orissa plan gathers speed

ArcelorMittal’s ambitious steel projects in India will finally start rolling from the middle of this year. ... | Read..

COVER STORY: Universal Sompo General Insurance, a joint venture among Allahabad Bank, Sompo Japan Insurance Corporation, Indian Overseas Bank, Karnata ... | Read

Press Releases

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More Live Market Information

Panel for sops to consumer durables
The Union Budget 2008-09 is likely to make provisions for duty cut and easy credit flow to the cons.. \| Read..

Stress on fuel duty recast
The government appears to have shelved its decision to hike fuel prices and is likely to recast dut.. \| Read..

Firms see big gains in shipbuilding
Indian companies are investing heavily in the shipbuilding business... \| Read..

Sarda group charts expansion strategy
The Sarda group, which recently acquired the Gaur Hari Singhania group’s JK Jute Mill in K.. \| Read..

Moser Baer draws up capacity hike plan
Compact disc manufacturer Moser Baer India today said it planned to invest over $1.5 billion (nearl.. \| Read..

Sops for electronics on way
The government is working on a package of initiatives for the electronic hardware industry to f.. \| Read..

Relief for small tea growers
The Tea Board will soon set up a separate cell to look into the problems faced by small tea growers.. \| Read..

Nasscom upbeat on exports
IT services exports will increase 29 per cent in 2007-08, despite a 12 per cent rise in the rup.. \| Read..

Canon takes retail route to spur growth
Japanese digital imaging company Canon will focus on the retail business to increase its presen.. \| Read..

IOC focus on fuel quality
Indian Oil Corporation will invest Rs 9,000 crore to improve the quality of petrol and diesel produ.. \| Read..

AROUND THE GLOBE
US expects upturn in economy
The US growth, hurt by a sharp housing market downturn, should pick up in the second half of 2008 .. \| Read..

SocGen makes rights offer
Societe Generale, the French bank reeling from a rogue trading scandal, launched a rights issue at .. \| Read..