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| 41. |
 | Dollar Falls to New Low Against the Euro
MIL/NYT Sep 21, 2007 Author:
New York: September 21, 2007 – There are reports all over that investors dumped dollars yesterday, sending the euro to a record high and putting the American currency at par with the Canadian dollar for the first time in more than 30 years
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| 42. |
Rupee Rose to New Nine-Year High
MIL/Agencies Sep 20, 2007 Author:
Mumbai, September 20, 2007- Rupee is reported to have risen to a new nine-year high of 40.18 levels, buoyed by foreign inflows and a booming local stock market. This was the rupee’s strongest close since May 1998. The local currency, which had ended at 40.48 levels a day ago, rose sharply on Wednesday following the 50 basis point cut announced by the US Federal Reserve.
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| 43. |
Nuke Deal shall bear no impact on Iran gas pipeline
MIL/Agencies Sep 18, 2007 Author:
Bangalore: September 18, 2007 - Indian Govt. is quite clear that Iran gas pipeline deal has no relation with the Indo-US nuclear deal. This was confirmed by Union Minister for Science and Technology Kapil Sibal on Tuesday. The govt. wants the Indo-Iran project of gas pipeline and was pursuing the matter.
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| 44. |
IVR Prime lists at 17% discount on NSE
MIL/Agencies/BS Reporter Aug 16, 2007 Author:
Mumbai, August 16, 2007 - Realty major IVR Prime Urban Developers was listed on the National Stock Exchange (NSE) at Rs 456.25 per share - a discount of 17% to the offer price of Rs 550 a share. On the Bombay Stock Exchange (BSE), the scrip opened at Rs 500 a share - a discount of 9% to the offer price.
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| 45. |
Ford shocks with profit but losses lie ahead
MIL/Agencies Jul 27, 2007 Author:
Ney York, July 27, 2007 - Ford surprised Wall Street with its first quarterly profit in two years, but chief executive Alan Mulally warned that the car maker would revert to type in the second half and report "substantial" losses for the rest of 2007.
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| 46. |
Infosys buys Philips units
MIL/Agencies Jul 26, 2007 Author:
Bangalore, July 26, 2007 - Infosys Technologies has signed a seven-year $250-million outsourcing contract with Philips Electronics, besides acquiring three of its back office units in India, Poland and Thailand for $28 million.
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| 47. |
Kamal Nath named global ‘FDI Personality of the Year’
MIL/ANI Jul 20, 2007 Author:
New Delhi, July 20, 2007 - Union Commerce Minister Kamal Nath has been named global “FDI Personality of the Year 2007” by FDI magazine and Financial Times Business, published by London-based Financial Times Group.
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| 48. |
Centre announces Rs 18.5 billion-rescue package for rural banks
MIL/ANI Jul 16, 2007 Author:
New Delhi: July 16, 2007 - Union Finance Minister P Chidambaram today announced 18.5-billion-rupee rescue package for ailing Regional Rural Banks (RRBs) that will write off the banks' losses by March 2010.
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| 49. |
Central Bank of India IPO prices at Rs 85-102 ps
MIL/Agencies/HT Jul 14, 2007 Author: IRS/BSS Reddy
Mumbai: July 14, 2007 (Saturday) - The Central Bank of India, a 96-year-old institution, is reported to have fixed the price of its initial public offering (IPO) from Rs 85 to 102 per share of Rs 10 each, here today. This announcement, if unchanged, is likely to benefit the bank to raise the amount between Rs 680 and 816 crore.
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| 50. |
Centre announces 320-million-dollar package for exporters hit by rupee hike
MIL/ANI Jul 13, 2007 Author:
New Delhi: July 13, 2007 - The Centre has announced a 320-million-dollar relief package for exporters hit by rising rupee, including cuts in bank lending rates for the worst-affected sectors and increased tax breaks.
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| 51. |
Dolphin Energy produces first gas from Qatar's North Field
MIL/ANI Jul 13, 2007 Author:
Nicosia: July 13, 2007 - Dolphin Energy has announced the start of natural gas production from its wells in Qatar offshore North Field. Dolphin's gas is now flowing to its customers in the United Arab Emirates for the very first time.
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| 52. |
Land War between Keral CM and Tata takes a serious turn
MIL/Agencies Jul 6, 2007 Author:
Thiryuvananthapuram,(Kerala): July 06, 2007 (Friday) – The war between Tata and Chief Minister V S Achutanandan have taken a serious turn. The govt. publicity against TATA seems to have been accelerated on the land issue.
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| 53. |
India, Japan sign deal on energy cooperation
MIL/Zeenews Jul 2, 2007 Author:
New Delhi: July 02, 2007 - India and Japan signed a pact on cooperation in energy conservation today at the second round of energy dialogue between two countries.
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| 54. |
US Supreme Court gave a blow to investors
MIL/NYT Jun 22, 2007 Author: IRS/Stephen Labaton
Washington: June 22, 2007 (Friday) - The Supreme Court on Thursday gave a big blow to the investors who just want to sue companies and executives because of their suspected fraud.
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| 55. |
Rupee gets weakened against dollar, quotes at 40.5800/5850
MIL/Agencies Jun 6, 2007 Author:
Mumbai, June 06: The rupee is weakened today against the dollar in late morning trade on fears of intervention by the central bank. Experts believe that the Reserve Bank of India is believed to be holding the rupee above 40.50-level for the past few days.
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| 56. |
Rupee gets weakened against dollar, quotes at 40.5800/5850 - updated
MIL/Agencies/ZN Jun 6, 2007 Author:
Mumbai, June 06: The rupee is weakened today against the dollar in late morning trade on fears of intervention by the central bank. Experts believe that the Reserve Bank of India is believed to be holding the rupee above 40.50-level for the past few days.
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| 57. |
India becomes trillion dollar economy
MIL/Agencies May 31, 2007 Author:
New Delhi, May 31, 2007 - Propelled by growth in services and manufacturing sectors, coupled with an appreciating rupee, India's economy has swelled to a trillion dollar-making it only the 12th nation to reach this milestone.
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| 58. |
Kingfisher buys stake in Deccan Aviation
MIL/Agencies May 31, 2007 Author:
New Delhi, May 31, 2007 - King of good times Vijay Mallaya is believed to have bought 26 per cent stake in India's first low cost carrier Deccan Aviation at Rs 150 per share.
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| 59. |
M&M net dips to Rs 236 crore
MIL/Agencies May 29, 2007 Author:
Mumbai, 29 May 2007 - Utility vehicle and tractor manufacturer, Mahindra and Mahindra (M&M), has posted a decline in net profit to Rs 236.04 crore for the quarter ended March 31, 2007 compared with Rs 321.17 crore in the corresponding quarter of the previous year.
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| 60. |
India may buy 4-5 mln tonnes wheat to build stocks
MIL/Agencies May 12, 2007 Author:
New Delhi: May 12, 2007 - The Indian government may consider to import four to five million tones of wheat this year to build stocks to meet any emergency as per Farm Minister Shared Pawar
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