Search
      Channels
  News
  Home Loans
  Commercial Loans
  Insurance
  Credit Cards
  Calculators
  NRI Center
     Investment
  Mutual Funds
  Stock Research
  Market Tools
  Special Reports
  Fund Focus
  Company Focus
  Sector Focus
  Interviews
     Services
  Greetings
  Message Board
Partners
Home -> Finance -> News

NATIONAL
Petro price hike does not figure in UPA-Left talks
The issue of hike in the petroleum product prices, a political hot potato, did not come up at the meeting between the Left parties and the United Progressive Alliance (UPA) Government at the Centre today (Jun 19, 2005).

Anil unveils major investment and expansion plans
A day after the settlement of the Reliance business empire, an upbeat Anil Ambani today (Jun 19, 2005) announced the group to be headed by him post-split with his elder brother Mukesh will be called Anil Dhirubhai Ambani Enterprises and unveiled major investment and expansion plans for it.

RIL Board has given approval of the demerger: Anil
The junior scion of the Ambani family Anil today (Jun 19, 2005) said the Reliance Industries Limited (RIL) Board has given the approval of the demerger of the company.

'Indian IT companies' dependence on US declining'
Dependence of Indian software exporters on North American market is coming down gradually, the Electronics and Computer Software Promotion Council (ESC) has said.

RIL to see hectic act; Sensex to cross 7,000 mark
Having ticked 52-week high of Rs 600.85 a share on Friday (Jun 17, 2005), the flagship entity RIL's counter is set to witness hectic activity tomorrow (Jun 20, 2005), amidst speculation that BSE Sensex may pierce the magic 7,000 figure.

'Ambani brothers free to use Reliance name & logo'
There may have been many a differences between them but both Mukesh Ambani and his younger brother Anil are free to use the powerful corporate brand name 'Reliance and its logo' as part of the settlement between them over the ownership issues of over Rs 100,000 crore business empire.

Demerger of RIL between 3 months to a year: Trivedi
Post settlement of ownership issues between Reliance group Chairman Mukesh Ambani and his younger brother Anil, flagship company Reliance Industries today (Jun 19, 2005) said that its demerger would be executed within three months to a year with up-most importance to protect investors.

AI, IA likely to dilute upto 20 % stake, says Patel
The Centre is likely to dilute upto 20 per cent of its stake in the Air India and Indian Airlines, according to Minister for Civil Aviation Praful Patel.

Settlement is a new beginning for me: Anil Ambani
After reaching an settlement with his elder brother Mukesh Ambani on the ownership issue, Reliance Energy Ltd chairman Anil Ambani said the settlement is a new beginning for him and RIL, the group flagship, will continue to scale greater heights under "undisputed" leadership of Mukesh.

INTERNATIONAL
CHAMPS confident of building prototype in India
Changi Airport Managers and Partners (CHAMPS), which has entered into a joint venture with Bharti Enterprises for modernisation of Delhi and Mumbai airports, has claimed it would develop a prototype of the Singapore airport and would upgrade it for operations of the double-decker Airbus A-380 aircraft.

Nokia plant in India to roll out handsets in 2006
The proposed production unit of Finnish cellular handset maker Nokia in India would roll out products in second half of 2006, said a top company official.