Articles by Arun Kumar
LM Thapar dies following cardiac and renal failure
A doyen of Indian Industry he was instrumental in building one of India's biggest corporate houses - the Thapar group, reports Arun Kumar.

Published on Jan 18, 2007 08:05 PM IST
None | Arun Kumar, New Delhi
Flyington orders 6 Airbus jets
Hyderabad-based cargo carrier Flyington Freighters Ltd has signed up for six A330-200F aircraft, the newest freighter from Airbus, reports Arun Kumar.

Published on Jan 16, 2007 09:46 PM IST
None | Arun Kumar, New Delhi
After Corus, Tata may eye other firms
The group sets an ambitious target to have a 30 mn tonne steel production capacity by '15, reports Arun Kumar.

Updated on Jan 16, 2007 03:05 AM IST
None | Arun Kumar, New Delhi
NYSE, others buy 20 per cent in NSE
NYSE along with 3 other investment bankers and equity firms have acquired 20% stake in National Stock Exchange of India, reports Arun Kumar.

Published on Jan 13, 2007 10:15 PM IST
None | Arun Kumar, New Delhi
More money will keep India shining
The Cabinet has approved bringing an ordinance to remove the statutory liquidity ratio in a bid to increase liquidity for private sector. Finance Minister P Chidambaram said that the Reserve Bank of India, if it wished, could set a fresh rate later.

Published on Jan 12, 2007 02:30 PM IST
None | Arun Kumar, New Delhi
Pakistan hub of Al-Qaeda web: US
US intelligence chief John Negroponte says the Al-Qaeda leaders are revitalising their bruised but resilient network from a secure hideout in Pakistan.

Updated on Jan 12, 2007 12:18 PM IST
None | , Washington
Arun Kumar (IANS)More money to keep India shining
To increase liquidity for the pvt sector, the Cabinet is bringing an ordinance to remove the SLR, reports Arun Kumar.

Published on Jan 12, 2007 10:51 AM IST
None | Arun Kumar, New Delhi
Bank of England move triggers rate rise fears
A cross section of bankers feel that a crunch in global liquidity will have affect Indian markets, reports Arun Kumar.

Published on Jan 11, 2007 09:12 PM IST
None | Arun Kumar, New Delhi
NYSE, others buy 20 pc in NSE
NYSE along with 3 other investment bankers and equity firms have acquired 20% stake in National Stock Exchange of India, reports Arun Kumar.

Published on Jan 11, 2007 03:08 AM IST
None | Arun Kumar, New Delhi
'TCS heads for US share issue'
The move could be aimed at building a war chest for Tatas to outbid CSN in its war for Corus, reports Arun Kumar.

Updated on Jan 08, 2007 03:18 AM IST
None | Arun Kumar, New Delhi
MFs face pressures as liquid funds flee for deposits
The mutual fund industry witnessed redemption pressures to yield more than Rs 15,000 crore in the month of December alone, reports Arun Kumar.

Published on Jan 04, 2007 12:48 AM IST
None | Arun Kumar, New Delhi
Sensex past 14K; 15K in view
Sensex gains 72 points to close first time above 14,000 milestone. According to fund managers, it may cross even 15,000 mark before budget, reports Arun Kumar.

Updated on Jan 04, 2007 12:54 AM IST
None | Arun Kumar, New Delhi
All signs point to harder interest rates
With lending and deposit rates being tweaked up by several banks, industry officials say a clearer sign may well be visible in the next couple of months, reports Arun Kumar.

Updated on Jan 02, 2007 10:18 PM IST
None | Arun Kumar, New Delhi
Rabo in talks to get Canbank Mutual
Dutch Rabo Bank is in an advanced stage of discussions with the senior management of Canara Bank.

Published on Jan 02, 2007 06:25 PM IST
None | Arun Kumar, New Delhi
Vehicles' insurance premiums to rise
IRDA hikes the premium up to 150% on third party insurance for all categories, reports Arun Kumar.

Published on Jan 01, 2007 08:31 PM IST
None | Arun Kumar, New Delhi
SEBI to release guidelines on IPOs
SEBI Primary Market Advisory Committee, expects to discuss matter and may suggest a formation of committee, reports Arun Kumar.

Published on Dec 31, 2006 06:58 PM IST
None | Arun Kumar, New Delhi
New norm to block black money in MFs
PARKING BLACK money in mutual funds will become difficult from January 1 as investments of more than Rs 50,000 would be accepted only if an identification number is quoted. The Mutual Fund Identification Number (MIN) will be issued by CDSL Venture Ltd (CVL), which has made an arrangement with the Association of Mutual Fund of India (AMFI) for it.

Published on Dec 28, 2006 11:39 AM IST
None | Arun Kumar, New Delhi
New norm to block black money in MFs
MIN had been introduced to comply with market regulator SEBI?s directive to follow ?Know Your Customers? norms and stop money-laundering, reports Arun Kumar.

Published on Dec 28, 2006 03:27 AM IST
None | Arun Kumar, New Delhi
Govt plans to allow FIIs in real estate
Indian Govt intends to allow portfolio investment by FIIs in realty firms through IPOs, reports Arun Kumar.

Published on Dec 28, 2006 02:28 AM IST
None | Arun Kumar, New Delhi
Havell?s plans $150m war chest
Delhi-based electrical products manufacturing company, Havell?s India Ltd, has decided to embark on inorganic growth in the European market, reports Arun Kumar.

Published on Dec 27, 2006 03:19 AM IST
None | Arun Kumar, New Delhi
Havell's eyes Europe buyout, lines up $150 m
Havell's India Ltd has decided to embark on inorganic growth in the European market, and is raising a cash chest of about $150 million to fuel acquisitions, reports Arun Kumar.

Published on Dec 26, 2006 08:53 PM IST
None | Arun Kumar, New Delhi
?The challenge is to fulfill expectations?
In an interview with Arun Kumar, global financier George Soros speaks about India, the US and his writings.

Updated on Dec 26, 2006 03:20 AM IST
None | Arun Kumar, New Delhi
HeidelbergCement set to acquire Gujarat Sidhee
As a precursor to the deal, GSCL has decided to increase its authorised capital to about three times from the current Rs 170 crore, reports Arun Kumar.

Published on Dec 24, 2006 09:41 PM IST
None | Arun Kumar, New Delhi
Asian flu sinks Indian market
Speculators take a cue from a plunge in Thailand?s stock exchange to bring down shares, reports Arun Kumar.

Updated on Dec 23, 2006 04:10 PM IST
None | Arun Kumar, New Delhi
Shuttle Discovery returns to earth
The crew of the space shuttle return after spending almost 13 days in space and travelling 5.3 million statute miles.

Updated on Dec 23, 2006 12:07 PM IST
None | , Washington
Arun Kumar (IANS)Omaxe, DLF on IPO path as realty rebounds
More Delhi-based real estate companies are queuing up to raise funds in the vicinity of Rs 15,000 crore from the capital market in the current financial year, reports Arun Kumar.

Published on Dec 22, 2006 07:37 PM IST
None | Arun Kumar, New Delhi
Vodaphone joins Hutch battle
The move may set up a bidding war with Anil Ambani's Reliance Communications, reports Arun Kumar.

Updated on Dec 23, 2006 02:14 AM IST
None | Arun Kumar, New Delhi
Mitsui to quit Sesa Goa
Japan's Mitsui & Company decides to encash its iron ore business in India, reports Arun Kumar.

Published on Dec 22, 2006 12:22 AM IST
None | Arun Kumar, New Delhi
Hutch set for a global battle
It's Vodafone's Arun Sarin vs Reliance's Anil Ambani for India's leading mobile phone service, reports Arun Kumar.

Updated on Dec 21, 2006 11:22 PM IST
None | Arun Kumar, New Delhi
Asian flu downs Sensex
AN ASIAN flu hit India?s stock markets on Tuesday. Bearish speculators took a cue from a plunge in Thailand?s stock exchange -- triggered by foreign exchange restrictions imposed by the Bank of Thailand -- to hammer down shares, which in any case, are weak in December. The BSE Sensex plunged 349 points and the NSE Nifty lost over 90 points.

Published on Dec 20, 2006 02:25 AM IST
None | Arun Kumar, New Delhi