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Tuesday, March 08, 2005

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Coal linkages may go for users except power sector — Sourcing likely through Coal India e-auction
THE Government plans to delink all core sector consumers of coal, except the power sector, from the existing coal linkages. Instead, they will be asked to buy from Coal India Ltd (CIL) through an electronic auction process. The core sectors ... More

VAT on course from April 1; more sops for traders on cards
THE State-level value-added tax (VAT) regime would take off across the country from April 1, irrespective of whether Uttar Pradesh and a few other "recalcitrant" States come on board or not. Fresh sweeteners are also now being put in place by ... More

Reliance Info pays penalty to DoT
RELIANCE Infocomm, on Monday, paid the penalty of Rs 150 crore to the Department of Telecom (DoT) even as the company maintained a defiant stance on the issue of having violated licence norms by routing international long distance calls as local ... More

PM assures more funds for farm research
POINTING out that the Government is committed to launching the second green revolution, the Prime Minister, Dr Manmohan Singh on Monday promised rural India a "new deal" to reverse decline in farm investments through increased funds for ... More

Fidelity bullish on mid and small-cap stocks
FIDELITY Investments, a global fund house, has become aggressive in the Indian equity market, especially in the mid-cap and small cap stocks. Filings with the stock exchanges reveal that the global fund house has been investing in India through ... More

Sensex tests 6,900 level intra-day
THE Sensex scaled another record, crossing the 6,900-level during Monday's trade. The index touched an intra-day high of 6,902.49 before closing at 6,878.98. Smart rallies in index heavyweights including Reliance Industries Ltd, Reliance ... More

Education outsourcing wave set to hit India
SKILLED manpower in India is a major attraction for foreign entrepreneurs to set up operations here. Now, Indian entrepreneurs are latching on to the very people who give India its skilled manpower - namely, skilled teachers. Tuitions ... More

Five traditional items propel export growth
JUST five traditional items accounting for almost three-fourth of the country's aggregate exports played a dominant part in propelling the export growth to 28.12 per cent in dollar terms during the first seven months of the current fiscal. They ... More

Now, online investments for postal schemes, the online share trading platform belonging to the ICICI Bank group, has made online investments in postal saving schemes possible to its customers. Initially, two products — National Savings Certificate and Kisan Vikas ... More

Women's corporate network to be launched today
TO help women achieve their professional goals and break the glass ceiling, a corporate network of women employees in the public and private sector will be launched on Tuesday on the occasion of International Women's Day. The network will have ... More

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