Friday February 1, 2008

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Sebi scraps initial costs on closed-ended MFs 

Mumbai, Jan 31:
In what could be his final board meeting as chairman of the Securities and Exchange Board of India (Sebi), M Damodaran on Wednesday clamped down on mutual funds, saying that from...
 
Foreign investment rules eased 

New Delhi, Jan 31:
After months of dilly-dallying, the government on Wednesday eased foreign investment ceilings for a host of sectors including civil aviation, oil refinery and commodity exchanges besides simplifying rules for sectors...
 
Volvo to double bus body sales 

Bangalore, Jan 31:
Counting on demand for superior intra- and inter-city transportation, Volvo Bus Body Technologies (VBT), the 70:30 bus body building joint venture between Sweden's Volvo Bus Corp and New Delhi-based Jaico Automobiles, hopes...
 
Ford, Tata closing in on deal 

Detroit, Jan 31:
Ford Motor Co and India's Tata Motors Ltd are nearing an agreement for Tata to buy Jaguar and Land Rover, according to a person who has been briefed on the negotiations.
 
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