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Thursday, March 17, 2005

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Turnover-based fee likely for commodity brokers
FMC may not strictly follow the SEBI model; it is understood to have worked out a revenue model and submitted it to the Ministry. More

BSNL, Tata, Reliance bag Rs 8,000-cr rural phone project
BHARAT Sanchar Nigam Ltd, Reliance Infocomm and Tata Teleservices have bagged the Government sponsored Rs 8,000-crore plan to provide 8 million fixed line telephones to rural households by 2007. The project is being supported from the ... More

Raw sugar imports may turn a liability
WILL companies which have imported raw sugar against advance licences (AL) provide for contingent liability, arising from the future export obligation on these, in their end-year balance sheets? This question is being raised at a time when ... More

Over Rs 4,000 cr to be raised through public issues
THE primary market is heading for busier times over the next 6-8 weeks with public issues expected to raise over Rs 4,000 crore. Companies from varied sectors with consistent track record and profitability are set to tap the capital market for ... More

`Delhi, Mumbai airports need Rs 15,120 crore for revamp'
THE global technical advisor for restructuring of airports has made a preliminary estimate that a capital investment of Rs 8,720 crore would be required for Delhi, while for Mumbai, it would be Rs 6,400 crore. An official statement issued today ... More

Sonia lays foundation for Rajiv Gandhi airport — Navi Mumbai, Pune, Ludhiana to get international airports
THE United Progressive Alliance (UPA) Government has decided to develop international airports at Navi Mumbai, Pune, Goa and Ludhiana with public-private participation. Besides, the Government would also upgrade and develop world-class air ... More

No price hike in petrol, diesel now: Aiyar
THE Minister for Petroleum and Natural Gas, Mr Mani Shankar Aiyar, today ruled out any immediate hike in petrol and diesel prices. "It's out of the question,'' Mr Aiyar said at a function when asked if the Government was contemplating any ... More



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