RBI ups key rate, loans to cost more PDF Print E-mail
Wednesday, 25 June 2008 09:11
Mumbai - Bad news for home loan borrowers: Get ready to shell out more in EMIs if yours is a loan taken on a floating rate.
 
GMR to replace ONGC, buy 51% in Kakinada SEZ PDF Print E-mail
Tuesday, 24 June 2008 15:24
New Delhi - State-owned exploration giant Oil and Natural Gas Corporation on Monday decided to exit the Rs 25,600 crore Kakinada refinery, petrochemicals and SEZ project. It will be replaced by infrastructure major GMR Group which would get 51% equity in the venture, that had also been eyed by the Hinduja group.
 
Hutch deal not taxable in India: Vodafone to HC PDF Print E-mail
Tuesday, 24 June 2008 14:38
Mumbai - With $2.1 billion at stake, Vodafone didn’t want to waste time and began its argument in earnest in the Bombay high court on Monday against what it termed as "an imposition of penalty" without jurisdiction by the Indian Income Tax authorities.
 
Saudi pledge fails to halt rally, oil soars again PDF Print E-mail
Monday, 23 June 2008 16:46
London - Oil rose more than $1 on Monday as escalating tensions between Israel and Iran stoked supply concerns and as Saudi Arabia's promise to pump more oil if needed failed to win over a sceptical market.
 
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