Tata Telecom rolls over CP

Tata Telecom Ltd said a Rs 200-million commercial paper, issued on November 22, has been repaid and fresh commercial paper for Rs 200 million has been issued, which was subscribed by Development......

Capital market exposure leeway for banks unlikely

The Reserve Bank of India is unlikely to sanction higher capital market exposure limits to banks which are closer to reaching the regulatory ceiling. The exposure of HDFC Bank has already breached......

Euronet to set up 25 ATMs by end-06

Some automated teller machines will shortly be independent of banks as Euronet India kick starts with the first set of 25 independent, non-bank branded ATMs by December 2006. Today, all ATMs are......

Centre nixes 3 FDI proposals

The government has rejected three high-profile foreign investment proposals. Cargill's proposal to get into commodity exchange brokerage, Universal Leaf Tobacco Company's bid to enter tobacco......

Aga Khan hockey: Viren, Dhanraj for Bombay Gym

Three petroleum teams -- Indian Oil Corporation (IOC), Bharat Petroleum Corporation Limited (BPCL) and Oil and Natural Gas Corporation (ONGC) -- all boasting experienced Indian stars in their......

Goa Cricket Association president, secretary arrested for fraud

IMAGE: Goa cricket association president Chetan Dessai. Photograph: PTI Goa Cricket Association president Chetan Dessai, secretary Vinod Phadke and treasurer Akbar Mulla were today arrested by......