Financial Daily from THE HINDU group of publications
Monday, February 21, 2005

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Investment in ARCs — Regulatory structure likely for debt FIIs
DEDICATED debt market foreign institutional investors (FIIs) could soon find themselves lending their financial muscle to Indian asset reconstruction companies (ARCs). The Ministry of Finance is considering a proposal to create a separate ... More

Going gets tough for pharma cos in Jan-March quarter
APRIL will be a particularly cruel month for pharma companies, as it will reflect the strain that companies have had to bear over the three-month period ending March 2005. In January came the Centre's directive to levy excise duty on the ... More

Expanding market, shortage of experienced hands — Airlines may scout for foreign pilots
WITH the Indian aviation industry progressively expanding, airline companies are encountering a new problem — shortage of experienced pilots to operate the proposed flights. And to get over this impediment, several airlines are planning to ... More

Gulf NRIs seek nod for direct trading in Indian shares
GULF-based non-resident Indians (NRIs) have sought permission for direct trading facility in shares of Indian companies. Currently, these NRIs have to go through broking firms in India to buy or sell shares. Under the existing SEBI ... More

Interactive TV: Moolah for channels, cell cos
WATCHING television is no more for the couch potatoes. Going by the response that television channels are receiving for value added services like voting, online quizzes, and ring tone downloads, interactive television seems to have taken off in ... More

`SBI keen on local, global acquisitions'
STATE Bank of India recently acquired a bank in Mauritius and is looking for similar buyouts in Asia and Africa. While aggressively pursuing this global growth strategy, the country's largest bank is also scouting for suitable takeover targets ... More

Manufacturing, services cos post 10 pc growth in Apr-Dec
Sales in the services sector too rose by 36.8 per cent in the first three quarters of 2004-05. More

`There's nothing so habit forming as money'
Jogin had just returned from a laborious pre-Budget seminar, but he remembered to connect to Khan even as he was getting ready for a VAT conference. Without wasting time, they pulled in Sridevi and Dakshinamoorthy for the weekly ... More

Air Hostess Academy to buy a plane in parts for training
CONSIDER the plight of a student in a medical college forced to hire cadavers for the dissection table. A popular Hindi movie last year had built a whole reel around this hilarious motif. Hiring an aircraft for aspiring airhostesses may not quite ... More

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