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Wednesday, December 7
ONGC to buy 45% stake in Nigerian oilfield
by
anshul
on Wed 07 Dec 2005 06:50 PM IST
Oil and Natural Gas Corporation Ltd. is set to buy a 45 per cent stake in Nigerian offshore oilfield Akpo for $2 billion, Economic Times newspaper said on Wednesday . ONGC will make the acquisition through its overseas arm, ONGC Videsh, and partner with French oil company Total SA, the paper said. Click the following link http://ww4.6URL.com/088M to read the complete article.
Govt may power IT innovation: NASSCOM
by
anshul
on Wed 07 Dec 2005 06:45 PM IST
NASSCOM said its suggestions of giving loans to software product start-ups to cover high patenting cost and fiscal incentives for angel investors has evoked a "positive reaction" from the central government. Click the following link http://ww4.6URL.com/088L to read the complete article.
WTO approves IPR amendment on drugs
by
anshul
on Wed 07 Dec 2005 06:43 PM IST
The World Trade Organisation (WTO) has approved changes in the intellectual property rights (IPR) agreement allowing poorer nations access to cheaper generic drugs. Click the following link http://ww4.6URL.com/088K to read the complete article.
Telelogic opens 2nd facility in B'lore
by
anshul
on Wed 07 Dec 2005 06:41 PM IST
In line with its expansion plans, US-based Telelogic opened its second facility housing its growing Product Development team, in Bangalore. Telelogic in India is now the fourth largest in terms of the employee strength in the Telelogic group, its Chief Operating Officer Scott Raskin told reporters after inaugurating the facility. Click the following link http://ww4.6URL.com/088J to read the complete article.
Alchemist to declare 25% dividend
by
anshul
on Wed 07 Dec 2005 01:38 PM IST
Alchemist Ltd has decided to declare a 25 per cent dividend for the financial year 2004-2005. The board at its meeting yesterday recommended the dividend on equity shares of Rs 1 each, the company informed the Bombay Stock Exchange.
ECBs no more a hot favourite for India Inc
by
anshul
on Wed 07 Dec 2005 12:53 PM IST
With the total October overseas borrowing falling to $0.611 billion, once an attractive source of cheap resources for Indian corporates, the overseas market is fast losing flavour among India Inc. Click the following link http://ww4.6URL.com/087X to read the complete article.
PSU task force pins Raha for navratna spat
by
anshul
on Wed 07 Dec 2005 12:49 PM IST
Government papers say that Oil and Natural Gas Corp, and not the Petroleum Ministry, is to blame for the nine-month delay in fixing the navratna company’s performance targets for 2005-06. Click the following link http://ww4.6URL.com/087W to read the complete article.
ICICI Bank prices ADS issue at $26.75
by
anshul
on Wed 07 Dec 2005 12:47 PM IST
ICICI Bank, India's second-largest lender, has priced its American depositary share issue at $26.75 each, a source close to the development said on Wednesday.It priced the local share issue at Rs 525 each, the source said. Retail investors would get a 5 per cent discount on price. Click the following link http://ww4.6URL.com/087V to read the complete article.
'No unfriendly WTO deal for farmers'
by
anshul
on Wed 07 Dec 2005 12:44 PM IST
India on Tuesday categorically said it will not agree to any deal which displaced its farmers in any way at the Hong Kong WTO Ministerial conference to be held from December 13-18. Click the following link http://ww4.6URL.com/087U to read the complete article. |
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