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FMCG cos turn aggressive on adspend
THE airwaves are flooded with commercials for soaps, detergents and shampoos with FMCG companies back on a spending spree on advertising. Proof of this can be found in the June quarter results of major FMCG companies. Advertising and ... More

Not enough done for economic growth: Thai PM
THAILAND'S Prime Minister and host for the BIMST-EC summit here in Bangkok, Mr Thaksin Shinawatra, bluntly told fellow leaders of the seven-nation grouping that they had not done enough for economic growth. "We must accept that the aggregate ... More

Petrol, diesel prices hiked
PUBLIC sector oil marketing companies on Saturday increased petrol and diesel prices by around Rs 1.15 and Rs 1.55 a litre respectively. The increase is in line with the rise in global fuel prices. The new prices will come into effect from ... More

Standard soon on `employee share-based payments': ICAI
IN keeping with the international practice, the Institute of Chartered Accountants of India (ICAI) intends to come up with an accounting standard (AS) on `employee share-based payments.' The draft of the accounting standard has been finalised by ... More

Bajaj Auto net up 2.11 pc
BAJAJ Auto Ltd (BAL) on Saturday reported a 2.11 per cent increase in profit after tax to Rs 164.5 crore for the first quarter of 2004-2005 against Rs 161.1 crore in the previous corresponding quarter. The company's total turnover was up 12.56 ... More

Manu Chhabria's mother stakes claim to estate
THE 76-year-old Ranibhai Rajaram Chhabria, mother of late Manohar Rajaram Chhabria, has staked claim to her deceased son's estate. She has served a legal notice to her daughter-in-law and the Chairperson of the $2-billion Jumbo Group, Mrs Vidya ... More

NCAER scales back GDP growth forecast
THE National Council of Applied Economic Research (NCAER) has scaled back its pre-budget economic growth prospects from a level of 6.70 per cent gross domestic product (GDP) to range between 6.54 and 6.74 per cent now. In its latest Macro ... More

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