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Highlights
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Market Roundup
COMPANIES
NTPC to invest Rs.500 crore in Ratnagiri Gas and Power Ltd.
Tata Motors looking at overseas acquisitions
POSCO to develop new port in Orissa
FIPB okays GM India's payment plan to GMDAT
Indian Airlines to augment fleet size through lease
Numaligarh Refinery moves petro products through river barges
BPCL to enter the DTH arena
Bajaj Hindusthan announces Rs.750 crore expansion plan
TCS to up headcount by 13,000 in the fiscal
Consumer award: Tata Group picked as the 'Most Preferred Employer'
GENERAL
Oil PSUs merger will lead to job losses: Advisory committee
Ministry of Textiles expects 25 per cent growth in exports
CMIE: Inflation likely to grow by 5.7 per cent in FY06
BANKING AND FINANCE
Rupee moves up - G-Secs decline
IDBI commissions Watson Wyatt to work out roadmap for insurance JV
Dena Bank to reduce NPAs
Centurion net zooms 251 per cent
MARKETS
UTI Mutual Fund: Initial talks held on future ownership pattern
IDBI Capital Market Services to enter retail broking
Reliance Capital and REL refute market rumours on acquisitions
Indiabulls Q1 net zooms up 639 per cent
PEOPLE
Sanjay Behl heads for Reliance Infocomm from Nokia
Nagabhushana Rao joins SerWizSol as CEO
INTERNATIONAL BUSINESS
HP announces breakthrough in ink-based printing technology
Ford hits Web with new hybrid
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domain - B : Indian business : News Review : 12 July 2005 : index