Tuesday, December 6, 2011

'GAIL NO. 1 in downstream ops'

'GAIL NO. 1 in downstream ops'


'GAIL NO. 1 in downstream ops'

Posted: 06 Dec 2011 03:21 PM PST

State-run gas utility GAIL has tied up a five-year term loan of $100 million from Bank of Tokyo - Mitsubishi UFJ. This is the second loan from a Japanese lender this year after a $150 million credit from Bank of Tokyo was sewed up in June.


Telecom Policy 2011 set to get delayed by a year

Posted: 06 Dec 2011 11:21 AM PST

The proposed National Telecom Policy 2011 is likely to become NTP 2012. This makes NTP 2011 the latest casualty of the stress, scepticism and nervousness being felt by the industry in the shadow of the 2G spectrum scam.


S&P threatens Eurozone downgrade

Posted: 06 Dec 2011 11:16 AM PST

A threat by Standard & Poors to slash credit ratings across the euro zone has sounded a clarion call, which could help Nicolas Sarkozy and Angela Merkel force through a change to the European Union treaty at a summit this week.


Bangalore animators brought ‘Puss in Boots’ to life

Posted: 06 Dec 2011 11:11 AM PST

DreamWorks has a team of 200 people at Technicolor, a DreamWorks dedicated unit in Bangalore.


ICAI bars 2 auditors linked with Satyam scam for life

Posted: 06 Dec 2011 11:04 AM PST

Two auditors involved in the multi-crore Satyam fraud have been barrred from attesting financial statements for life, apart from facing a financial penalty, by auditing regulator Institute of Chartered Accountants of India.


Overnight crorepatis sprout in Barmer sands

Posted: 06 Dec 2011 10:55 AM PST

Realty prices skyrocket amid big-ticket investment by Cairn India, JSW Energy


Barclays to scale down India operations

Posted: 06 Dec 2011 10:51 AM PST

British lender Barclays, which has been through a few rounds of downsizing since 2008, is said to be further scaling down its operations in India.


MagicBricks PropIndex rises by 7% in Q2, 2011

Posted: 06 Dec 2011 02:46 AM PST

The National Property Index (NPI) rose by 7% in the second quarter of FY 2011-12, property portal MagicBricks.com announced on Tuesday.


Gold hits week low, silver also down

Posted: 06 Dec 2011 12:37 AM PST

The most-active gold for February delivery on the Multi Commodity Exchange (MCX) was 0.54 percent lower at 28,890 rupees per 10 grams, after hitting 28,763 rupees, a level last seen on November 26.


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