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View Article  HC adjourns hearing on RIL petition

The Bombay High Court on Friday adjourned for December 5, hearing on a petition filed by Reliance Industries Ltd (RIL) seeking the court's approval for its proposed demerger scheme.

Click the following link http://ww4.6URL.com/07RC to read the complete article.

View Article  India awaits approval for Chandrayan

India is awaiting clearance from the Bush administration for finalising an American payload on top of India's first ever unmanned moon mission, Chandrayan, Indian Space Research Organisation (ISRO) chairman G Madhavan Nair said on Friday.

Click the following link http://ww4.6URL.com/07RB to read the complete article.

 

View Article  Govt clears road for IOB to take over Bharat Overseas

This may turn out to be a deal with a difference. The government has given the green signal to the state-owned Indian Overseas Bank to gain control of Bharat Overseas Bank (BhOB), a Chennai-based private bank.

Click the following link http://ww4.6URL.com/07QY to read the complete article.

View Article  FM expects market to rise further

Buoyed by the booming capital market with BSE index crossing the 9000 mark, Finance Minister P Chidambaram today expected the market to rise further on the back of increasing investor and business confidence.

Click the following link http://ww4.6URL.com/07QN to read the complete article.

View Article  Govt takes the sting out of right to information

PM Manmohan Singh's statement that some file notings can be made public has added to the confusion on the Right To Information Act. Earlier, on seeing Department of Personnel & Training's interpretation of "information" under RTI Act which clearly stated that "file notings are not part of it,"

Click the following link http://ww4.6URL.com/07Q6 to read the complete article.

 

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View Article  ONGC asked to pay 1k cr more tax

 India Inc’s highest profit-making company, ONGC, may be in for a tax shock. Tax officials in the finance ministry have raised questions over the PSU’s lower earnings on account of a high subsidy burden, and have demanded an additional tax payout of almost Rs 1,000 crore for 2003-04.

Click the following link http://ww4.6URL.com/07O1 to read the complete article.

View Article  Reliance trips on Sebi demerger query buzz

The Securities and Exchange Board of India (Sebi) has sent a query to Reliance Industries over the demerger of its three businesses. There was immense speculation today on a “show cause notice” issued to RIL.

Click the following link http://ww4.6URL.com/07Q5 to read the complete article.

View Article  Indian techpreneur may strike it rich

Google is in talks to buy Riya, a photo-search company that uses facial recognition to organise photos, sources close to the deal told Red Herring magazine Nov. 21. The purchase price could be as high as $40 million.

Click the following link http://ww4.6URL.com/07Q4 to read the complete article.

 

View Article  NIFT to promote silk from Jharkhand

Jharkhand has sought the help of the National Institute of Fashion Technology, the country's premier fashion organisation, to promote silk produced in the state and will set up a silk research centre to boost the industry.

Click the following link http://ww4.6URL.com/07Q3 to read the complete article.