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Thursday, April 21, 2005

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Met dept predicts `normal' monsoon
THE India Meteorological Department (IMD) has predicted yet another `normal' monsoon this year. According to its operational Long Range Forecast released here on Wednesday, rainfall for the country as a whole during the 2005 South-West monsoon ... More

Gujarat Ambuja Q3 net down marginally — Goes for stock split, 1:2 bonus
GUJARAT Ambuja Cements Ltd, which reported a marginal drop in third quarter results on Wednesday, said its board has recommended issue of bonus shares in the ratio of one equity share for every two held. The board of directors also approved a ... More

Drawback scheme to cover 4,000 items
THE expert committee set up to review the duty drawback rates for exporters has recommended that the January 2005 shift to specific rates of drawback be reversed and the rates be announced on an ad valorem basis. The committee, which submitted ... More

Left parties for stopping all iron ore, mineral exports
"Linkages for iron ore should be given only if a company is setting up a steel plant in India." More

Biocon net profit rises 42 pc at Rs 198 cr — "Tie-ups with Nobex, Vaccinex for human antibodies progressing'
BIOCON Ltd today reported a Rs 198-crore PAT that was higher by 42 per cent over the previous fiscal and a total income 34 per cent higher at Rs 728 crore for the year ended March 31, 2005. The company did not give out the fourth quarter ... More

Strict penal provisions planned to make baby products safe
THE Government plans to make the penal provisions in the Drugs and Cosmetics Act more stringent to ensure safety of baby products. In a reply to supplementary questions during Question Hour in the Lok Sabha, the Health Minister, Dr Anbumani ... More

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