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Saturday, December 13, 2003
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Bharti to buy stake in Hexacom
NEW DELHI, DEC. 12.Sunil Mittal-owned Bharti group today announced it would buy 27.5 per cent stake of Telesystem International Wireless (TIW) of Canada in Hexacom, a cellular telecom operator in Rajasthan. The acquisition is subject to ...
AP Govt. divests stake in AP Paper Mills
HYDERABAD, DEC. 12. The Andhra Pradesh Government has sold its stake of 25.36 per cent in Andhra Pradesh Paper Mills, Rajamundry, to Digvijay Investments (DIL) for Rs. 39.29 crores, Deepak Kumar Panwar, Principal Secretary, Public Enterprises ...
Continuing woes of savers
A number of mutual funds are offering monthly income plans, which are directly positioned to attract those favouring bank deposits. The confusing interest scenario may dash the hopes of the savings community.
Industrial output maintains growth
NEW DELHI, DEC. 12.Industrial production for April-October has revealed a mixed trend. While the index of industrial production (IIP) for October alone shows a lower growth of 5.4 per cent against 7 per cent in the same month of last year, the ...
Other Stories

  • Sensex surpasses 5300 mark
  • Rupee steady
  • Surge in car sales
  • U.K. to raise skill levels to counter India
  • New initiatives


    Barometer
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    Briefly
    RBI advice to banks on housing loans
    MUMBAI, DEC. 12.The Reserve Bank of India Deputy Governor, Vepa Kamesam, today urged the banks not to cut corners to grow their housing loan portfolio. He also asked them to sanction loans only if all necessary documents are in place. "We are ...
    ICICI Bank's bond issue
    MUMBAI, DEC. 12.ICICI Bank is to raise Rs. 100 crores through public offering of unsecured redeemable bonds with a right to retain oversubscription of up to the same amount. The issue will open for subscription on December 19 and close on ...
    UTI Bank's ATM in Sikkim
    GANGTOK, DEC. 12.UTI Bank today set up what is billed as the world's highest ATM, situated at Thegu in East Sikkim at an altitude of 13,200 ft. Built with Scottish technology at a cost of Rs. 20 lakhs, the ATM has been so designed as to ...
    Other Stories

  • Sify Enterprise pact with Godrej
  • Shasun's EDQM programme
  • Acer launches new notebook
  • Hitachi launches range of products
  • Birla Sun Life's e-commerce portal
  • Ontrack's electronic tendering solution



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