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| Sunday, August 13, 2006 |

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PNB sticks to rate hike stand

Punjab National Bank (PNB) hasn’t buckled: the board of directors of the state-owned bank today approved the 25 basis point hike in the benchmark prime lending rate (BPLR) to 11.5 per cent that was announced on August 1. ... | Read..

Participatory notes in for overhaul

The Securities and Exchange Board of India is planning to revisit the guidelines on investments through participatory notes ... | Read..

Damodaran: Looking back

Participatory notes in for overhaul

Jet, Sahara keep all guessing
Jet Airways and Air Sahara maintain they have not initiated any move to arrive at an out-of-court s.. | Read..

IT hub set for a makeover
Sector V, the IT showcase of a resurgent Bengal, is getting ready for a major facelift... | Read..

AROUND THE GLOBE
Merger mania grips mining firms
It all started with Canadian mining company Inco Ltd saying that it wanted to acquire nickel miner .. \| Read..

Trio in pact to steal Toyota thunder
A research alliance consisting of General Motors, BMW and DaimlerChrysler plans to invest over $1 b.. \| Read..

Stock-option glitch delays Apple results
Apple Computer Inc said on Friday it told securities regulators it would file its quarterly report .. \| Read..

Margin headache for airlines
Airlines, already lowering fares in response to softening demand this fall, face additional pressur.. \| Read..

Intel exits phone tech
Intel Corp, the world’s biggest microchip maker, has sold a unit specialising in telephone tec.. \| Read..

Forex reserves go up

LML move

Tata Steel