Friday, May 15, 2009

NEWS @ 15-05-2009

To revive the corporate debt market, the Securities and Exchange Board of India (Sebi) has taken various measures, like simplifying rules on corporate debt paper and raising the limit of FII participation ...

HDFC Chairman, Mr Deepak Parekh, on Thursday hinted at both deposit rates and lending rates coming down further, taking a cue from the SBI’s initiative to slash deposit rates recently ...

Budget 2009-10 may not bring any big tax cuts, with revenue secretary indicating that there would be no further relaxation in excise duty, service tax and corporate tax, or a reduction in the surcharge ...

The ongoing restructuring activities in industries such as financial services or automotives in the US could result in deals for the Indian IT services players in the latter part of the fiscal ...

The Jaguar motorcar, along with its sister brands such as Land Rover and Range Rover are the most recognisable British marquees in the world ...

As Indian car manufacturers plan to tap the growing global market for fuel-efficient compact cars through a series of launches in Europe and the US ...

Great Offshore, which saw an effective change of management control last week, stands to lose Rs 73 lakh daily revenue after missing the deadline to provide a shallow water rig to ONGC ...

IOC challenges petro pricing decision
Indian Oil Corporation has challenged the decision of the Petroleum and Natural Gas Regulatory Board to look into pricing of petrol and diesel ...

Cairn India Ltd will sell 1.97 million tonnes per annum (39,400 barrels per day) of crude oil from its northern India fields to Indian Oil Corp at a discount of $2.47 a barrel to Bonny Light ...

NTPC Ltd's reluctance to buy natural gas from Reliance Industries has angered the petroleum ministry, which wants to reallocate the gas earmarked for the public sector firm ...

From the time Reliance Big Entertainment announced its creative partnership at the Cannes Film Festival last year, more than 20 individual film projects of the company have been approved ...

“We had a very strong year driven by growth and consistent performance across all business segments and markets: a strong business performance in the US, solid domestic growth and increased activity ...

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