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Tuesday, October 09, 2007
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BUSINESS
U.S. markets opened up for Indian investors
ICICI Securities ties up with Pension Financial Services

Tata Steel to issue rights shares
To raise Rs. 9,654 cr. to part finance Corus acquisition

Vodafone to spend $2 b to expand network in India
To set up a $10 m charitable organisation

Kamal Nath cautions against growth without equity
Summit participants asked to consider micro financing models

SAP agrees to buy out Business Objects
PARIS: Germany’s SAP, a world leader in business software, has announced that it had agreed with France’s Business Objects on a buy-out worth just over $6.8 billion. ...

India vulnerable to volatility in crude prices: Reddy
MUMBAI: Reserve Bank of India Governor Y. V. Reddy on Monday said the country was ‘vulnerable’ to shocks arising out of volatility in global oil prices. But, he said, setting up of a stabilisation fund was not justified ...

Sony in talks with broadcasters for developing HD content
Launches six new series comprising 15 LCD TVs

Bourses succumb to fears of snap poll
MUMBAI: After moving to just a stone’s throw from a new milestone, the stock markets on Monday succumbed to fears of a political crisis and shed 282 points in volatile trade, extending losses to the third straight day. Initially, the ...

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Barometer


Briefly
TACO to set up airbag testing facility
NEW DELHI: Tata AutoComp Systems Ltd. (TACO) on Monday said it would set up a passenger car airbag testing facility in partnership with Canada’s Microsys Technologies. ...

MMTC to make foray into gold refining
KOLKATA: MMTC, the multi-commodity trading PSE, plans to enter into the gold refining space and set up jewellery retail stores across the country through the joint venture route. ...

Changing Basmati rice norm
NEW DELHI: India stands to lose against Pakistan in the international market for Basmati rice if the definition and scope of the premium grain is expanded to include evolved varieties, Agricultural and Processed Food Products Export ...

Diamond bourse coming up in Mumbai
NEW DELHI: India is soon going to have a modern diamond trading hub that will provide traders from India as well as abroad a single window operation facility and dedicated custom house to boost exports. “The Bharat Diamond Bourse (BDB), ...

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