The Telegraph
Since 1st March, 1999
Local listing on Mittal agenda
Calcutta-born steel tycoon Lakshmi Niwas Mittal wants to list ArcelorMittal — the world’s largest steel company — on the Indian bourses. ...  | Read.. 
Essar priority to refinery capacity hike
Essar Oil has decided to triple the capacity of its Vadinar refinery to 34 million tonnes by 2010 at a cost of $6 billion (R ...  | Read.. 
Mutuals can sell short, lend stocks
The Securities and Exchange Board of India (Sebi) today allowed mutual funds to short-sell as well as lend and borrow securi ...  | Read.. 
First step to currency futures
The Reserve Bank of India today kick-started an initiative to launch currency futures in the country. The central bank float ...  | Read.. 
Inflation inches up to 3.11%
The inflation rate has touched a five-week high of 3.11 per cent for the week ended November 3, on the back of higher prices ...  | Read.. 
Money matters

 Press Releases
Telecom duo face FIPB hurdle
The Foreign Investment Promotion Board (FIPB) has refused to clear the plans of two telecom compani..  | Read.. 
BSNL aims to double revenue
Bharat Sanchar Nigam Limited (BSNL) plans to invest Rs 93,521 crore to double its revenue to Rs 80..  | Read.. 
Second JCB plant in Pune
JCB India today opened its second plant at Talegaon, near Pune, which has been set up at an investm..  | Read.. 
Carlsberg buys 60% of Parag
Denmark-based beer manufacturer Carlsberg has acquired a 60 per cent stake in Parag Breweries. This..  | Read.. 
United Bank net profit jumps 43%
The United Bank of India (UBI) has reported a 43.4 per cent growth in net profit at Rs 232.50 crore..  | Read.. 
Survey sees healthy M&A appetite
Mergers and acquisitions by Indian firms in Europe and the US are expected to double in three years..  | Read.. 
Duty-free rubber import sought
Faced with a shortage, the All India Rubber Industries Association (AIRIA) is demanding duty-free i..  | Read.. 
Battle for Rio control hots up
Rio Tinto is reportedly considering a counterbid for BHP Billiton as a defence against an A$140-bil..  | Read.. 
China ups capital outlay
Chinese capital spending in October rose at the briskest pace in over a year, rounding out a strong..  | Read.. 
Mutual Funds
UTI invests in Pesco
Tata Tea
Shree Cement
Elder PAT
BoB inks UK pact
Godrej Ind
PTC proposal
Onion export
Gas deal