The Hindu Business Line : Tuesday, April 17, 2007

FERTILISERS
Coromandel buys IFFCO stake in Godavari Fert
Coromandel Fertilisers Ltd (CFL) has bought out the 25 per cent equity holding of IFFCO in Godavari Fertilisers and Chemicals Ltd (GFCL), for a total consideration of Rs 120 crore. IFFCO (Indian Farmers Fertiliser Cooperative Ltd) offloaded ... More

POLITICS
12 municipalities merged to create Greater Hyderabad
The Andhra Pradesh Government on Monday notified the creation of a Greater Hyderabad Municipal Corporation (GHMC) that seeks to cover 625 sq km and a population of 67 lakh. This comes through the merger of 12 municipalities in and around the ... More

INDUSTRY ASSOCIATIONS
Upasi opposes change in rubber import tariff
Seeks parity between domestic & international prices More

AGRICULTURAL INSTITUTIONS
Nabard renews call to trace big loans by State Co-op Bank
The State Government has been advised to expedite the inquiry recommended by the Chairman of the National Bank for Agriculture and Rural Development (Nabard) to investigate all big loans issued by the Kerala State Cooperative Bank (KSCB) over the ... More

MERGERS & ACQUISITIONS
Air Sahara will be renamed Jetlite
Positioned between low-cost and full-service models More

OUTLOOK
11th Plan rice output target fixed at 115 m tonnes
Measures suggested for increasing production, yield More

PERFORMANCE
`SIPs back in favour among retail investors'
Severe volatility in the market and pedestrian returns posted by equity funds in recent months have prompted retail investors to look at `systematic investment plans' or quite simply SIPs, say fund managers. Mr Rajan Krishnan, who heads ... More

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