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| Wednesday, January 31, 2007 |

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S&P pat to slash loan cost

International rating agency Standard & Poor’s (S&P) today raised India’s sovereign local currency credit rating to investment grade, opening a window of opportunity for India Inc to cut overseas borrowing costs and making the count ... | Read..

Tata Steel profit up 41%

Tata Steel came out with morale-boosting results for the third quarter, hours before its nerve wracking auction battle with ... | Read..

Sick PSU revival on fast track

The heavy industries ministry has started discussions with other ministries over the induction of private sector companies a ... | Read..

Seal on airline merger soon

The merger of Air-India and Indian is expected to be cleared by the Union cabinet by the end of February, with the committee ... | Read..

Strict vigil on four telecom circles

The telecom regulator today asked all private cellular operators in Bengal, Maharashtra, Tamil Nadu and Uttar Pradesh to sub ... | Read..

Hyundai to hike prices from Feb 1

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Usha rejig hinges on Jay Engg merger

Usha International, the Rs 600-crore company of the Siddharth Shriram Group, is eyeing a turnover o.. | Read..

Hutch to take stake sale call on Feb 15

Hutchison Telecom International Ltd (HTIL) is believed to have called a meeting of shareholders on .. | Read..

Bengal sets 3,550 mw power-packed target

The Bengal government will add 3,550 megawatt (mw) to the thermal power generation capacity of .. | Read..

WBSEB pension breather

The West Bengal State Electricity Board (WBSEB) proposes to contribute Rs 800 crore from its Rs.. | Read..

Hyundai to hike prices from Feb 1

Hyundai Motors India has decided to increase prices across all products between 1 per cent and .. | Read..

Reliance Cap net up at Rs 72.57 cr

Anil Ambani group company Reliance Capital Ltd (RCL) has reported an 11.68 per cent increase in.. | Read..

AROUND THE GLOBE

Playstation punch hits Sony hard

Sony Corp posted a 15 per cent fall in quarterly operating profit on Tuesday after massive losses a.. | Read..

Symantec to buy Altiris for $830 m

Symantec Corp, maker of Norton antivirus software, said on Monday it will buy Altiris Inc for about.. | Read..

CORPORATE BRIEFS

Srei profit at Rs 18 cr