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`Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha
IN a bid to counter `arbitrary and ad hoc' pricing of feedstock by domestic petroleum refineries, leading naphtha-based urea units are planning to join hands and float a composite international tender for the purchase of naphtha at `competitive' ...
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Public shareholders emerge savvier on TVS scrip?
THE community of `public shareholders' can be savvier when it comes to stock picking buying on the `lows' to participating in the subsequent boom in valuation than perhaps even institutional investors. Or so it would seem, if ...
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`Third-party claim losses unsustainable': Oriental Insurance dives for cover
IN what could lead to a fresh stand-off between insurers and the transport industry, the Oriental Insurance Company Ltd (OIC) has taken the lead among public sector insurers in plugging losses in the motor portfolio by advising its offices across ...
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Rajya Sabha fails to take up cable TV Bill
THE Cable Television Networks (Amendment) Bill, 2002, which would pave the way for a conditional access system in the broadcasting sector, will have to wait, as the Rajya Sabha today could not take up the Bill for discussion and ...
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Cabinet panel meet today on IPCL sell-off
THE Union Government will finalise the strategic partner for Indian Petrochemicals Corporation Ltd (IPCL) at a meeting of the Cabinet Committee on Disinvestment (CCD) to be held on Saturday. The CCD is also expected to clear the transaction ...
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Vanishing cos: `DCA to go for hot pursuit'
THE Department of Company Affairs (DCA) is in hot pursuit of companies which duped gullible investors by floating public issues and vanished subsequently, according to Mr Vinod Dhall, Secretary, DCA. Speaking at a meeting organised by the ...
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Break from breaking work
A water seller takes a break from back-breaking work in Mumbai on Friday. The Maharashtra Government has sought Rs 500 crore from the Centre to tackle water scarcity. ...
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