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Tuesday, December 27
Punjab may get Rs 9k cr investment
by
anshul
on Tue 27 Dec 2005 06:44 PM IST
Punjab is likely to corner a lion's share of the Rs 9,000 crore investments planned in India by Emaar-MGF infrastructure group, a joint venture between Dubai-based realty major Emaar and Delhi-based MGF, Chief Minister Amarinder Singh said on Tuesday. Click the following link http://ww4.6URL.com/0AH3 to read the complete article.
RBI revises Banking Ombudsman Scheme
by
anshul
on Tue 27 Dec 2005 03:57 PM IST
The Reserve Bank of India (RBI) will enlarge the scope of its Banking Ombudsman Scheme from January 1, giving customers a forum to seek redressal for most of their common complaints against banks, including those relating to credit cards and service charges. Click the following link http://ww4.6URL.com/0AGO to read the complete article.
Ministries toe official line on Clause 49 as Sebi deadline nears
by
anshul
on Tue 27 Dec 2005 02:45 PM IST
The finance and company affairs ministries have reconciled themselves to being mute spectators of Sebi’s move to stick to the December 31 deadline for compliance with Clause 49 of its listing agreement. But that does not mean the ministries have backed the regulator wholeheartedly. Click the following link http://ww4.6URL.com/0AGL to read the complete article.
Consumer durables companies cut production by 25%
by
anshul
on Tue 27 Dec 2005 11:25 AM IST
The year seems to be ending on a sour note for makers of consumer durables. Major companies like LG, Philips and Onida have started slashing production and imports by 22-25% following a massive slump in demand in the last quarter of ’05. Click the following link http://ww4.6URL.com/0AG3 to read the complete article.
Essar Steel to clear Rs 487cr debt to UTI by Dec 31
by
anshul
on Tue 27 Dec 2005 11:13 AM IST
Essar Steel (ESL) will repay Rs 487 crore of outstanding debt to UTI by March 31. The company had earlier agreed to clear this debt by December 31. According to sources, the repayment will be done partly through refinancing and partly through internal accruals, but did not give any details. Click the following link http://ww4.6URL.com/0AG0 to read the complete article.
BSNL's $4.5bn GSM tender to be out by January 15
by
anshul
on Tue 27 Dec 2005 11:10 AM IST
After hitting a couple of roadblocks, BSNL’s big-ticket 60m GSM phone connections tender will finally be out in the second week of January. Equipment manufacturers have been keenly awaiting the $4.5bn GSM tender, dubbed as the world’s largest telecom expansion deal till now. Click the following link http://ww4.6URL.com/0AFZ to read the complete article.
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