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Your new car to pinch less
While govt banks are offering lower rates, private lenders are dangling higher loan-to-value proposition.

'RBI move indicates gradual withdrawal of stimulus packages'
India Inc today cautiously welcomed the RBI"s move to modify the ECB guidelines and said this also indicates a gradual withdrawal of stimulus measures announced to help the industry tide over the global credit crunch last year.

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FIPB defers proposal on giving telecom licence to Bycell
The Foreign Investment Promotion Board (FIPB) has again deferred its recommendation on the revised Rs 2,500-crore proposal of Swiss telecom company ByCell to start telecom services in India.
Small Business

Cavin Kare eyeing more overseas markets

Chennai-based fast moving consumer goods firm Cavin Kare Private Limited has planned to double its exports this year by reaching out to new overseas markets like the US and Australia, a top company official said. Efforts were on "for giving a special thrust" to international business and double the exports from the present five per cent of the total business, company Chairman and Managing Director C K Renganathan told PTI here. Replying to a question, he said the company was always looking for acquisition opportunities.


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