The Telegraph - Calcutta : Business

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| Tuesday, February 13, 2007 |

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Guessing game on Essar stand

The Essar group has 21 days to take a call: whether it wants to stay with Vodafone as partner in Hutchison Essar, the country’s fourth largest cellular company, or sell its 33 per cent stake and walk off with a cool $5.6 billion (Rs 24,800 cror ... | Read..

Anil gears up for challenge

Anil Ambani may be gracious in defeat, but he is steeled in his resolve to up the ante as he hunkers down for the bruising b ... | Read..

Vodafone to sell 5.6% in Airtel for $1.6 bn

Vodafone today said it would sell a 5.6 per cent stake in India’s top mobile operator, Bharti Airtel, for $1.6 billion ... | Read..

Deal deluge drowns market

The big-ticket deals in Hindalco and Hutchison Essar failed to impress the markets, with the sensex wilting under selling pr ... | Read..

Italian kitty for small-scale ventures

Italy has set up a 300-million-euro Go India fund to help Italian small and medium enterprises set up joint ventures wit ... | Read..

BIG PICTURE
Thomas Cook to buy MyTravel

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Toyota second unit in south

Toyota Motor Corporation plans to invest Rs 1,890 crore to set up its second plant in south Ind.. | Read..

Essar set to foray into Vietnam

Essar Steel Vietnam Holdings Pvt Ltd, Singapore, an Essar group company, today joined hands wit.. | Read..

Auto sales zoom 24% in January

Car sales shot up by 24.04 per cent while motorcycles rose by 12.16 per cent in January. The co.. | Read..

UTI Mutual schemes lose gloss

In the aftermath of the US-64 scam, schemes of the UTI Mutual Fund are fast losing their charm amon.. | Read..

Bengal way down in tea consumption

The Bengalis are not great tea drinkers after all. This was revealed in a study on tea consumption .. | Read..

Govt bets on FDI for hotel boom

The government is betting on FDI for the $1.5 billion needed by the hospitality industry to add.. | Read..

Tatas not to bid for rump VSNL stake

The Tata group today decided not to bid for the government’s 26 per cent residual stake in VSN.. | Read..

GHCL buys US home textiles firm

GHCL has acquired US-based Best Manufacturing Group for $35 million through its international subsi.. | Read..

Assocham for sops to aid foreign mergers

Industry body Assocham today said a merger and acquisition policy should be incorporated in the for.. | Read..

Excise cut on crude sought

Petroleum minister Murli Deora has asked Prime Minister Manmohan Singh for a Re 1 per litre excise .. | Read..

AROUND THE GLOBE

Thomas Cook to buy MyTravel

German-owned Thomas Cook will buy British package holiday rival MyTravel, the companies said on Mon.. | Read..

Temasek to invest in core sectors

Temasek Holdings, the Singapore government’s investment arm, said it will invest in more infra.. | Read..