Hoechst to buy UB group stake in Aventis Pharma

Aventis Pharma Ltd said on Monday its promoter Hoechst GmbH plans to raise its stake to 60.37% in the firm by acquiring 10.27% stake from the United Breweries group.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 7:50 am

ONGC in talks with 3 Russian cos for partnerships

Indian staterun Oil and Natural Gas Corp is in talks with three Russian companies for oil and gas partnerships in Russia and the CIS region, its chairman said on Monday.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 7:49 am

AI board to propose slew of changes for ailing Maharaja

CNBCTV18 learns that the new directors would propose structural changes for the ailing Maharaja. It would also suggest moving outsources manpower off rolls along with hiking frequency of profitable international routes for the airlines, sources inform.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 7:00 am

Have enabling resolution to raise $50m: Hindustan Dorr

In an interview with CNBCTV18, SC Sekaran, Executive Director, Hindustan Dorr Oliver, spoke about the latest happenings in his company and sector.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 6:21 am

Will use QIP route to fund capex: Shri Lakshmi Cotsyn

In an interview with CNBCTV18, MP Agarwal, Chairman and Managing Director of Shri Lakshmi Cotsyn, spoke about his outlook for the company.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 6:12 am

Arrow bows to $3.1 bn bid from Shell, Petrochina

Australia\'s Arrow Energy Ltd agreed to a fresh takeover offer from Royal Dutch Shell and PetroChina, raised by 6% to A$3.4 billion (USD 3.1 billion) for most of its Australian assets.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 5:46 am

Blue Dart eyes regional players for acquisition

Logistics services provider Blue Dart Express Ltd is eyeing niche regional players in India\'s growing hinterland for acquisitions to raise exposure in regions where it is not present now, a top official told Reuters.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 5:35 am

LT gets Rs 9.77 bn defence order

India\'s top engineering and construction firm, Larsen Toubro, said on Monday it had won an order worth Rs 9.77 billion (USD 215 million) for the design and construction of 36 high speed interceptor boats.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 5:34 am

Nutrientbased subsidy policy to be winwin for all: RCF

The nutrientbased subsidy (NBS) policy has been announced in the Budget and Budgetary provision has also been made. In an interview with CNBCTV18, US Jha, CMD, RCF, speaks about the policy and gives his outlook going forward.
Source: Moneycontrol Top Headlines | 22 Mar 2010 | 4:52 am

Banks see stable lending rates, profits in near term - Reuters India


The Hindu

Banks see stable lending rates, profits in near term
Reuters India
MUMBAI (Reuters) - Banks see stable lending rates and profits in the near term despite an unexpected repo rate hike by the Reserve Bank of India (RBI) on intensifying inflationary pressures, bankers said, though short-term lending rates may go up. ...
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