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Home -> Finance -> News

NATIONAL
'India, Pak could emerge as big economic entity'
India and Pakistan could co-operate and emerge as one big economic entity in South Asia despite the Kashmir issue, Union Information and Broadcasting Minister, Jaipal Reddy said in Pune today (Jan 16, 2005).

Govt to consider restructuring oil PSUs, says PM
Facing burgeoning domestic demand for petroleum, Prime Minister Manmohan Singh today (Jan 16, 2005) asked the oil industry not to be complacent and said Government was exploring possibilities of restructuring oil PSUs to make them globally competitive.

Reliance valuation to be complete in three weeks
The process of valuation of the Ambani business empire is likely to be completed within the next three weeks which could lay the basis for a blueprint to end the family feud that has hurt the Reliance group, sources familiar with the exercise said today (Jan 16, 2005).

Govt mulls restructuring oil PSUs: Manmohan Singh
Asking the Oil industry not to be complacent, Prime Minister Manmohan Singh today (Jan 16, 2005) said his Government is exploring possibilities of restructuring oil PSUs to make them globally competitive.

INTERNATIONAL
Mittal plans three acquisitions in Eastern Europe
Close on the heels of acquiring 37 per cent share in a leading Chinese steel firm, Mittal Steel Company headed by NRI steel tycoon Lakshmi Mittal plans to acquire three more steel plants in Eastern Europe and Turkey at an estimated cost of $ 1.5 billion.