Financial Daily from THE HINDU group of publications
Monday, June 06, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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PSBs wary of differential pay packages
PUBLIC sector banks appear to be wary of rocking the boat on the staff remuneration front by offering differential pay packages. Barely months after being permitted to offer higher pay packets to their brighter staff by the Government, several ... More

Fund managers are hot picks
WITH the sun shining on the Indian bourses, mutual fund companies are finding it more difficult to hold on to their fund managers than their investors' money. Over the last few months, most asset management companies have seen an exodus of ... More

CII forecasts 3 pc farm growth
THE CII expects agricultural output to increase by about three per cent this fiscal compared to one per cent in the previous fiscal. Higher growth in agriculture is likely to be driven by projection of normal southwest monsoon; improvement in ... More

Big business for insurers as IT cos run for `cover'
Private players such as Tata AIG, ICICI Lombard and HDFC Chubb are making inroads into what has till now been an unchartered territory. More

`Design' set to join the outsourcing bandwagon
THERE'S a new sector looking to join the outsourcing club. This time it is the design world, which believes that the time has come to scout for work across the shores and sees substantial potential in setting up BPO like, but integrated, ... More

Sensex may maintain upward momentum
The results of the June quarter and the news on monsoon obviously will gradually determine the tone and tenor of the market trend in the coming three to four weeks. More

Monsoon sets in over Kerala
THE southwest monsoon has set in along the Kerala coast with the first few showers, accompanied by thunder activity, lashing Thiruvananthapuram and a few other centres early Sunday morning. An India Meteorological Department (IMD) update said ... More

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