02 October 2007

Corporate Headlines/Stories

From Economic Times

Five Indian cities among top 10 global emerging IT hubs
IMF projects 8% GDP growth for India in medium term
DLF may build Bidadi knowledge city in Karnataka
Maytas Infra to bid for airport modernisation
Reddy gets the first call to decide on rate
M&M passenger vehicle sales up 24.9 pc in September
Tata to relaunch Indica car brand in UK
Morgan Stanley raises $1.5 bn Asia PE fund


BoB reduces rates on its FCNR (B), NRE term deposits
RBI eases NBFC norms for foreign banks
Ruias acquire 30% in Malaysian electronics firm

PSU banks go on hiring spree
Tatas biggest Indian employer in UK
IIM-A may allow foreigners to take part in placements


Airtel breaks into world's Top 10 with 50 mn users
AT&T applies for telecom licences in India
Tata Indicom crosses 20 million subscribers mark
DoT gets 500 applications for telecom licence
Chinese telecom co to invest more in R&D in India

PM announces Sunita Williams Scholarships


Soaring stocks add Rs 3K cr to govt kitty
Fiscal deficit target at 3.3%
August exports rise 19%
Exporters will get refund of some taxes, promises Nath


Nokia to buy US software firm Navteq for $8.1 bn
Caparo Group plans small car for India, to be ready in 2 years
SBI open to collaborative ventures with foreign companies
Vijaya Bank to set up JV to push credit card biz


Reliance MF maintains position as top fund house
PGCIL to list on bourses on Oct 5

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