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Thursday, May 06, 2004

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SC upholds States' power to fix cane prices
JUST when the going was good with prices looking up, the sugar industry has been delivered a body blow by a Supreme Court ruling upholding the right of State Governments to fix or `advice' cane prices over and above the Statutory Minimum Price ... More

Deferment of FM licence fee is violation of code: EC
THE Election Commission (EC) has paved the way for the Government to encash pending bank guarantees in case FM radio companies do not pay up the licence fee by the deadline, which expires on Thursday. The EC has said that any deferment of the ... More

Steel cos gearing up to hike long products price
STEEL companies are gearing up for another round of price hike, which is likely to be effective from the beginning of June. According to officials in the steel-making companies, this time the increase will be more prominent for the long ... More

Ban on tobacco ads: Outdoor advertising to witness a churn
IT'S the time to go outdoors. With the ban on advertising by tobacco companies coming into effect, outdoor advertising is likely to witness a flurry of activity. While advertisers are likely to scramble for vantage points occupied by tobacco ads ... More

Citicorp International among 24 FDI proposals cleared
THE Government today cleared 24 FDI proposals involving FDI worth Rs 204.01 crore. The proposals approved by the Minister for Finance and Company Affairs, Mr Jaswant Singh, include the US-based Citicorp International Finance Corporation's plan ... More

ACC fourth quarter net up 80 pc
AIDED by better realisations as well as better sales volumes, ACC has reported a net profit of Rs 105.9 crore for the quarter ended March 31, 2004, 80 per cent higher than the net profit of Rs 58.72 crore reported during the corresponding quarter ... More

Industry captains attend Business Line Mumbai launch function
AN elegant launch function attended by several business and industry heads marked the much-awaited entry of the Hindu Business Line in Mumbai. The Mumbai edition of the paper will bring to readers the distinctive flavour of the Hindu ... More




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