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Popular Articles

Govt may blacklist ethanol makers on failure to supply to OMCs
The central government, which has stepped up efforts for the blending of ethanol in a 5 per cent proportion with petrol, has threatened to blacklist ethanol manufacturers if they fail to supply the commodity to oil marketing companies (OMCs).

Better pricing drew more fliers in Apr
Domestic air traffic in April was 14.8 per cent less compared to the same period last year. On the other hand, passenger load factors for all carriers rose significantly compared to the previous month, as a result of smarter pricing and cuts in capacity.

News of the day

Blackstone plans to list 8 firms, sell 5 others: report
Global investment firm Blackstone is planning to list up to eight of its firms and sell at least five others, a move that marks a shift in its pessimistic view about the world economy, media report says.
International Business

Bilcare plans raising $35 mn

Packaging solutions provider Bilcare today said it is planning to raise $35 million (about Rs 170 crore) through the issue of securities. - Balance between public good & intellectual property necessary: T Ramasami - RIL gets highest number of trademarks in 2008 - Regaining strength? - Ban on entry load may impact AMCs: McKinsey - Cipla to raise Rs 1,500 cr by issue of shares - KSK Energy to raise Rs 2,000 cr via sale of securities The board has approved and the issue of global depository receipts (GDRs) or equity shares by the company, not exceeding $35 million, Bilcare Ltd said in a filing to the Bombay Stock Exchange (BSE). The proposed fund raising plan is subject to regulatory and shareholder"s approval, it added. Shares of Bilcare were trading at Rs 425, up 1.86 per cent in afternoon trade on the BSE.


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