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Monday, September 06, 2004

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Non-oil cos' export earnings surge
MARUTI exported more cars in 2003-04. Tata Motors started exports of its Indica to United Kingdom. Auto component exporters too had a good time. Struggling consumer durable firms such as BPL and Whirlpool too were able to increase their export ... More

Zee bags cricket telecast deal
ZEE Telefilms on Sunday beat the ESPN-Star Sports combine to win a $308-million cricket telecast deal. The deal is for four years starting next month, and covers both international and domestic cricket played in India. The President of the ... More

Bidding norms violated: ESPN-Star
ESPN-Star Sports on Sunday said that BCCI's decision to award cricket telecast rights to Zee Telefilms was unacceptable. In a press release, Mr Rik Dovey, Managing Director of ESPN-Star Sports, said: "BCCI had changed the entire process of ... More

EOUs exempted from paying cess on tea exports
EXPORT-oriented units (EOUs) that export tea produced in the country have cause for cheer. They would no longer be required to fork out cess on such tea exported by them. Informed sources said that the Centre has now exempted all tea produced in ... More

Govt considering 100 pc FDI in pension sector
WHILE foreign direct investment in insurance is still struggling to get close to the halfway mark, FDI in the pension sector could well travel the full distance in the first burst itself. A strong opinion is building within the Finance Ministry ... More

Dabur to have image makeover, new logo
DABUR India Ltd is going in for an image makeover. After 15 years of sporting the banyan tree as its logo, the company has decided to replace it with something "more contemporary and relevant", said the Chief Executive Officer, Mr Sunil ... More

Dalal Street sees wide scope for mid-caps
THE key indices are likely to remain firm this week, but the mid-cap stocks are to lead the market. So the broader indices are likely to outperform the Sensex and the Nifty. There are indications of a serious market-making effort in the select ... More

Tech boom skips secondary cities
AS the IT and ITES boom sweeps the State Capitals of the Southern States, secondary cities continue to be ignored despite the potential to develop them as viable location alternatives for businesses and industries. The Southern region is home ... More

EU banking sector mulls standard outsourcing principle
BANKING and financial services in the European Union (EU) are working towards setting up a standard principle for outsourcing. As a first major step in this regard, the Committee of European Banking Supervisors (CEBS) recently developed ... More




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