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Thursday, October 07, 2004

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PM for voluntary job quota in pvt sector — Mechanism `in place' to check oil price hike
On the proposed RBI regulation to cap the equity holding, including FDI, in private banks, Dr Singh said the RBI policy was only a draft. More

`Why engage McKinsey for FCI recast?'
Comprehensive studies already done, say critics

THE practice of the Government hiring foreign consultants for policy-related projects is coming under increasing scrutiny, with critics calling it "superfluous expenditure of public money". The latest consultancy contract mired in controversy ... More

Maruti top brass in Japan to work out Rs 6,000-cr investment
THE top brass of Maruti Udyog Ltd is in Japan to work out with its parent, Suzuki Motor Corporation, the modalities of the proposed Rs 6,000-crore investment plan announced recently. According to sources, the Maruti team led by the Managing ... More

Nissan in talks with Infosys for outsourcing
NISSAN Motor Corporation is said to be in advanced talks with Infosys for outsourcing its IT services. The Nissan Motor CEO and President, Mr Carlos Ghosn, visited the Infosys campus in Bangalore on Wednesday and held exploratory meetings with ... More

E&Y ex-partners form audit firm
THE Big Four - KPMG, Ernst &Young, PricewaterhouseCoopers and Deloitte Haskins & Sells - could soon see some hot competition on the audit front. Six of the high-profile partners who exited Ernst & Young (E&Y) this August have co More

Indo-German trade target at $10 b
INDIA and Germany have resolved to enhance their annual bilateral trade to $10 billion in the medium-term from the current level of $5.4 billion achieved in 2003-04. This bilateral trade target was mentioned by the Commerce and Industry ... More

Govt lines up more highway projects
WHILE the implementation of the National Highway Development Project I & II (NHDP Phase I & II) is in progress, the United Progressive Alliance (UPA) Government is drawing up more highway development projects such as NHDP Phase III and IV and More

Ranbaxy setting up plant in Brazil
IT'S official now. Homespun drug major Ranbaxy Laboratories Ltd is in the process of setting up a manufacturing unit in Brazil. "We said right at the beginning, as our business grows we will build a factory and that is what we are doing. We ... More

Sensex falls into red; tech stocks rule weak
THE positive momentum seen in the indices over the past few weeks took a breather for the second day in succession. The benchmark BSE Sensex ended the day at 5713.75 points, registering a drop of 44.92 points; the Nifty shed 17.55 points to ... More

Tender dispute stalls BSNL's rural telephony project
BHARAT Sanchar Nigam Ltd's rural telephony programme has hit a snag with its satellite-based phone project being referred to the Disputes Settlement Committee under the Union Cabinet. The roadblock comes in the wake of the state-owned Bharat ... More

When one plus one is eleven
ONE plus one is two. For government bankers talking of mergers in their sleep, one plus one is 11. Bank chairmen, most of whom will retire through 2005 and have nothing to lose, are up on the idea of creating big balance sheets with most going ... More

Birla will executor seeks discharge of caveat filed by Lodha
MR KASHINATH TAPARIA, the common executor of the 1982 will of both M.P. Birla and Priyamvada Birla, on Wednesday filed two petitions in the Calcutta High Court, seeking discharge of the caveat filed by Mr R.S. Lodha with regard to the 1982 mutual ... More




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Top Stories
Welspun to get $15 m from IFC for plant expansion


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Gujarat groundnut output may touch 15 lakh t

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Ministry to submit plan on dedicated track for freight traffic


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