Monday, June 18, 2007
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Deccan Herald » Business
INVESTMENT / Limit may go up to 49 per cent
FDI hike in commodity bourses, PSU refineries  
The Department of Industrial Promotion and Policy is preparing a note to review the foreign investment norms and to raise the investment cap to 49 per cent in commodity exchanges and PSU oil refineries.
India Inc's M&A plans could dent co credit profiles: Crisil  
Unlike in the last two years when strong financial profiles and small size of deals supported M&As, Indian companies today are aiming for large acquisitions, which could change their balance sheets.
Shashi Ruia, Chairman, Essar Group and Arun Sarin, CEO, Vadafone speak to media after Hutch-Essar and Vadafone Business meet in Mumbai on Friday. PTI
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Today`s Supplements 
Economy & Business more news
  • Maintaining aircraft to become a booming biz
  • How Sony's shares strike back after crisis
  • India's economic boom turns stock trading into a national pastime
  • Metro Life - Mon more news
  • Over City's slow tracks
  • Fashion on an eco-friendly note
  • Flying high courtesy a speed-breaker
  • No slogans for city slickers
  • CAMPS/WORKSHOPS
  • Your Space
      Varied hues of Hibiscus

    Photos by Dilip Maitra
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    Market Notes
    Gold (Bangalore) (10gm) Rs 8,984
    Silver (per kg) Rs 19,400
    Gold (Mum)(10gm) -
    US dollar * Rs 41.06
    Pound * Rs 81.94
    Euro * Rs 55.58
    *Price at which Banks sell
    DH Forum
    Will study tour help State?

    The Karnataka Government is planning to send 250 legislators to China for a study tour. Will the tour help in the development of the State? We invite our readers to express their views in about 100 words. Responses may be sent to Deccan Herald, No 75, M G Road, Bangalore - 560001 or e-mail: editordh@deccanherald.co.in latest by 2 pm on Saturday.
    A selection of responses will be published in Sunday’s edition. Photographs are welcome.

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