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NHPC to hit market to mop up Rs. 1,670 crore
The shares will be issued at a premium through book-building

RBI issues revised draft norms on commercial real estate exposures
The apex bank chooses to align the definition with the Basel-II prescription

No case for hike in import duty on steel products, says Virbhadra Singh
NEW DELHI: Union Steel Minister Virbhadra Singh on Wednesday ruled out any hike in import duty on steel products but promised to protect the interest of domestic steel producers by restricting iron ore exports. Mr. Singh categorically ...

SAIL cuts long product prices
NEW DELHI: Steel Authority of India Ltd. on Wednesday said it had cut the prices of its long products used primarily in construction by Rs. 1,500-2,000 a tonne and might further lower the rates if the situation so warranted. ...

No plan to cut LCD TV prices


Mahindra Satyam gets CLB nod
HYDERABAD: Mahindra Satyam, formerly Satyam Computer Services, has announced that it had received approval from the Company Law Board to issue 19.86 crore shares of Rs. 2 at a premium of Rs. 56 to Venturbay Consultants Pvt. Ltd., a subsidiary ...

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