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Monday, February 07, 2005

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Mega urban renewal plan in the offing — Centre to pitch in with Rs 50,000 cr over 5 years
THE Centre is all set to commit Rs 50,000 crore over the next five years for improving and modernising the urban infrastructure all over the country. A total of 60 cities have been identified for upgradation, comprising seven mega cities of ... More

Holcim not to increase open offer price for ACC
SWISS cement major Holcim is not considering an increase in its open offer price for Associated Cement Companies, said a senior official with DSP Merrill Lynch, which is the advisor to the multinational for its acquisition into Associated Cement ... More

Offtake of electricity by trading companies — FIs to chalk out payment security model for funding power projects
WITH over 10 major power projects in the pipeline planning to sell their generation to power traders, domestic financial institutions led by SBI, ICICI, IDBI, PFC and IDFC have come together to chalk out a payment security model for the funding ... More

Narcotics Bureau calls meet to break medicine impasse
As per the NDPS Act, chemists are to keep meticulous records on the purchase of these drugs from companies and their subsequent sale to patients. Failure to produce these records on enquiry by the police can have chemists in jail for three months wit hout bail, Mr Shinde said. More

Impressive client additions in Dec 2004
THE Indian IT software industry continued its recent trend of adding significantly more clients than they lose in a quarter. With the exception of Infosys, which added 38 clients but lost 35 for the quarter ended December 2004, most others ... More

Foreign funds may decide direction at Dalal Street
FIIs, already active in India, agree that the government's performance has been behind Standard & Poor's recent upgrade. They have also learnt to read the signals of an alliance Government better. More

CHAT
To profit from advice requires more wisdom than to give it
Chuckling at the latest announcement on chucking in cricket, Sridevi wished that deviant trading too got such merciful treatment. Across the city, Khan was logging on for the market chat, beckoning her to join. Jogin and Dakshinamoorthy too ... More

Legal, accountancy firms look for nod to advertise
LEGAL and accountancy professionals may win you a near-impossible case or solve your tax problems, but when it comes to convincing their apex regulators on adopting a more flexible approach towards the code of ethics, these professionals are ... More



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