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 Home loans - nothing fixed about it
Introduction of reset clause gives banks the right to revise fixed rates anytime in the future
While SBI has a clause that it can revise rates after 2 years, PNB is now adding a clause to reset rates after 5 years

 Tata Motors moves to streamline production
While the Pune plant will manufacture LCVs and cars, the Jamshedpur unit will make MCVs and HCVs. The Lucknow plant will make only buses

 Camlin may get a foreign investor
Promoter family, Dandekars, looking at equity investor after extending current JV with UK-based ColArt

 Jindal Steel's Bolivia plans runs into a royalty wall
Bolivia seeking higher royalty for developing El Mutun iron ore mines, which has estimated reserves of 40bn tonne

 Business Line

 Crisil assigns below average rating to two IPOs
Crisil rates IPOs of Shree Ashtavinayak Cine Vision and Minar Intl as having "below average fundementals"

 Airtel, Hutch Idea join hands to ease congestion during crises
New model tried in Surat successfully, Mobile infrastructure of the three operators worked as single unit

 DNA Money

 Anil angling for pharmecuticals retailing
JV with chemists assocation could create a 5-lakh-plus outlets' chain

 Piramal, Reddy's among 5 racing for Natreon Inc pie
American firm is seeking a strong Asian ally

 Financial Express

 Cola ads, the next target
Govt delibrating ban on soft drinks advertisment

 Reliance asks oil PSUs to fuel its outlets
Reliance seeks fuel supply at rates applicable to PSU dealers

 Nariman Point loses its place of pride to Worli
Rentals in Worli at Rs 275/sq.ft per month as against Nariman Point rental of Rs 260/sq.ft per month

 

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First Published: Aug 11 2006 | 9:10 AM IST

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