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Tuesday, February 15, 2005

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To meet post-quota regime demands — Textile exporters set to join public issue bandwagon
Faced with a deluge of orders following the January 1 deadline for phase-out of textile quotas, a number of big textile exporters are mulling the IPO option to raise capital for ramping up capacities. Two of the biggest garment exporters ... More

Indo-Iranian gas pipeline talks get under way
THE proposed Iran-India gas pipeline will move forward in the next two days, with the two countries beginning talks on the finer details of the project. A team of officials from the National Iranian Gas Export Company and the National Iranian ... More

Exports log 33 pc growth in January
THE country's exports seem to be on a roll with the first three quarters logging 25.55 per cent growth and January 2005 registering a 33.17 per cent growth in dollar terms compared to the corresponding previous periods. Provisional figures put ... More

Sensex tops 6,700 intra-day; markets overheated, feel FIIs
MARKET participants gave themselves a Valentine's Day bouquet, though the flowers started wilting by the end of the session. Stock markets opened strong and registered quick gains in the morning with the indices breaching all time high levels. ... More

Exporters allowed to directly import from 8 SEZs
EXPORTERS with advance licences or licences under any other duty exemption scheme can now directly import (procure inputs) from eight specified special economic zones (SEZs) on the strength of their licences without having to furnish advance ... More

FIIs may be allowed to invest in news channels, print media — No change in FDI cap
THE Information and Broadcasting (I&B) Ministry has cleared a proposal permitting foreign institutional investors (FIIs) to pick up stake in television news channels and print media companies. But this would have to fall within the overall 26-per More

States unlikely to swap Plan loans for market borrowings
STATE Governments are unlikely to bite the Finance Ministry's bait of substituting Plan loans from the Centre with additional market borrowings. The reason for this, bankers say, is the hardening interest rate environment, which is making it ... More

PCOs ringing loud despite cellular boom
MOBILE revolution and steep reductions in long distance calls may have made fixed line telephone little costlier proposition, but there seems to be no negative impact on the growth of the Public Call Offices (PCOs) in the country. The number ... More

Morality cop
An activist of the Student Islamic Organisation protests against Valentine's Day celebrations in Hyderabad as a group of teenagers look on.

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