Tuesday March 25, 2008

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POSCO likely to further delay start on India plant  

Bhubaneswar, Mar 24:
South Korean steel firm POSCO said on Monday it is unlikely to begin construction of a major steel plant in Orissa on April 1 as it had hoped due to "procedural" delays.
 
Sensex ends up 294pts; HDFC surges 8% 

Mumbai Mar 24:
The Sensex opened with a positive gap of 99 points at 15,094. The index touched a high of 15,349, and a low of 15,056. Fresh buying towards the close helped the index end on a firm note at 15,289 - up 294 points.
 
Tata to seal Jaguar, Land Rover deal on Wed 

London, Mar 24:
After months of fevered speculation and several postponements, Tata Motors of India is finally set to become the new owners of two of the world's best-known luxury car models - Jaguar and Land Rover - on Wednesday.
 
Mittal eyes Coal India's old mines 

New Delhi, Mar 24:
There's no stopping Lakshmi Mittal in India. After making known his plans in steel making, oil refining and petrochemicals industries here, the NRI tycoon has now charted out an aggressive roadmap for coal mining.
 
Govt should be cautious before signing FTA with China 

New Delhi, Mar 24:
The government should adopt an "extremely cautious approach" before signing a Free Trade Agreement with China, as the resultant tariff cuts will see the Chinese goods flood Indian markets, Industry body Assocham today said.
 
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