Saturday May 10, 2008

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 Home>>>Business 

 
Lending rates to ease in 2-3 months 

Mumbai, May 9:
Bankers today discounted fears of any hardening in interest rates and said they expected both inflation as well as select lending rates to ease over the next 2-3-months.
 
Sensex ends down 344pts 

Mumbai May 9:
The Sensex opened 60 points lower at 17,021, and soon slipped below the 17,000-mark to 16,975. Selective buying in morning trades saw the index rebound into positive zone and touch a high of 17,126.
 
BHEL plans JVs with APGenco, TN power board 

New Delhi, May 9:
Power equipment major Bharat Heavy Electricals (BHEL) is all set to finalise separate joint ventures with the Andhra Pradesh Power Generation Company (APGenco) and the Tamil Nadu Electricity...
 
L&T's RMC biz sale likely to be sealed soon 

Mumbai May 9:
The race to acquire engineering and construction giant Larsen & Toubro's ready-mix concrete (RMC) business appears to be nearing its end with its sale likely to be sealed soon.
 
Spencer's Retail to pump in Rs 1,500 cr 

New Delhi, May 9:
RPG Group company Spencer's Retail on Friday said it would invest Rs 1,500 crore to open around 250 new retail outlets across the country within a year.
 
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