Articles by Arun Kumar
Blackstone invests $275 m in Andhra's Eenadu
The global equity firm has acquired 26% shares of the newspaper group, report Arun Kumar & Gaurav Choudhury.

Published on Jan 28, 2007 09:16 PM IST
None | , New Delhi
Arun Kumar & Gaurav ChoudhuryAditya Birla set for $5 bn Novelis bid
The giant conglomerate is seriously exploring the possibility of acquiring Novelis Inc, reports Arun Kumar.

Published on Jan 26, 2007 02:10 AM IST
None | Arun Kumar, New Delhi
Essar group to consolidate their holdings under Essar Global
Essar Oil is also getting delisted from the Calcutta Stock Exchange. At the current price, the effort will cost around Rs 1,700 crore, report Indulal PM and Arun Kumar.

Published on Jan 26, 2007 01:29 AM IST
None | , Mumbai/new Delhi
Indulal PM & Arun KumarBihar completes Board exam in 7 days
Bihar was followed by Jharkhand and West Bengal boards, which took 10 days to complete the process, reports Arun Kumar.

Updated on Jan 26, 2007 03:41 AM IST
None | Arun Kumar, Patna
Essar moves to de-list oil, steel companies
At the current price, the effort will cost Ruias - who control the Essar group - around Rs 1,700 crore, reports Arun Kumar.

Published on Jan 25, 2007 07:26 PM IST
None | Arun Kumar, New Delhi
India 2050: Goldman gets more bullish
The report by the world's leading investment banker says India can sustain the growth rate of about 8.4 per cent till 2020, reports Arun Kumar.

Published on Jan 24, 2007 07:46 PM IST
None | Arun Kumar, New Delhi
Reliance Industries eyes giant project in Russia
Reliance Industries Ltd (RIL) is eyeing a greenfield petrochemical project or midstream pipeline in Russia, reports Arun Kumar.

Updated on Jan 24, 2007 08:01 PM IST
None | Arun Kumar, New Delhi
Abolishing cement duty only symbolic: experts
Experts say that the move may not affect the ground reality in India on prices and supplies, reports Arun Kumar.

Published on Jan 23, 2007 09:38 PM IST
None | Arun Kumar, New Delhi
Reliance Capital takes 31 pct in logistics firm BLR India
This is the second investment by Reliance Capital in the courier and cargo business, reports Arun Kumar .

Published on Jan 22, 2007 08:06 PM IST
None | Arun Kumar, New Delhi
HT Media Q3 profit jumps 106 pc
HT Media Ltd reports a profit of Rs 33.6 crore in the third quarter (Dec 2006), with a 27 per cent rise in revenues, reports Arun Kumar.

Published on Jan 21, 2007 01:06 AM IST
None | Arun Kumar, New Delhi
Inflation at 2-year high, govt worried
Expressing concern over rising inflation, Finance Minister P. Chidambaram on Friday said the government was watching the situation carefully. Data released showed that annual inflation rate rose to 6.12 per cent for the week ending on January 6, from 5.58 per cent in the previous week, its highest level in two years.

Published on Jan 20, 2007 03:30 AM IST
None | Arun Kumar, New Delhi
Inflation at 2-year high, Govt worried
Experts say increase in inflation rate would force the RBI to tighten interest rate further, reports Arun Kumar.

Published on Jan 20, 2007 02:45 AM IST
None | Arun Kumar, New Delhi
Ranbaxy profit zooms 167 pc in Q4
Consolidated revenues rise 22% to Rs 1707.7 crore from Rs 1,405 crore over the period, reports Arun Kumar.

Published on Jan 18, 2007 08:50 PM IST
None | Arun Kumar, New Delhi
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