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Saturday, June 25, 2005
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BL 2502325.28 (+12.27)
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Cosmetics may come under new labelling norms
AFTER the controversy surrounding the Johnson & Johnson baby oil, the Government is likely to make it mandatory for manufacturers of cosmetics such as lipsticks, soaps, fairness creams, beauty oils and shaving products to adhere to new labelling More

HLL has begun climb back up: Banga
LACK of a business up-trend seemed to weigh down investors at the AGM of Hindustan Lever Ltd (HLL) here on Friday, as they wished the company's incoming and outgoing chairmen well, but sought a reversal of fortunes in the balance ... More

Excellent team, excellent strategy: Manwani
HINDUSTAN Lever Ltd's in-coming Chairman, Mr Harish Manwani, on Friday said that his task would be to make sure that the company has the right capabilities and the right people. "I have an excellent team. We have an excellent strategy that ... More

Nothing to do with bank data scam, says IT firm Infinity
THE plot around the call centre scam thickened on Friday with Mr Karan Bahree, who allegedly sold account details of 1,000 UK bank customers to an undercover journalist, claiming that he had acted at the behest of another person to merely ... More

RBI group proposes further deregulation of forex market
A group appointed by the RBI has recommended that Indian resident entities should be permitted to cancel and rebook all forward contracts freely, irrespective of their tenor. The Internal Technical Group on Forex Markets said foreign currency ... More

Bill to enable banks to file returns on foreign contributions
THE Government may mandate commercial banks to file returns with the Union Home Ministry on all foreign contributions flowing into the accounts held by NGOs and other associations. The main objective behind such an exercise is to ensure better ... More

`Bill is aimed at decentralisation'
NGOS and other associations receiving foreign contributions can look forward to a more decentralised administrative structure under the new legal framework being planned for the FCRA. Mr Shivraj Patil, Union Home Minister, said: "The Bill that ... More

Central India gets monsoon showers
WEATHERMEN watching activity in the Bay of Bengal have received further indications that the low-pressure forecast for next week is well on course, and may even surprise by maturing a few hours earlier than predicted. Speaking to Business ... More

Bill to check domestic violence against women gets nod
A COMPREHENSIVE Bill approved by the Union Cabinet defines "domestic violence" in detail, which will include actual abuse or the threat of abuse that is physical, sexual, verbal, emotional, or economic. Harassment by way of unlawful dowry ... More

Inflation rises marginally to 4.33 pc
THE annual wholesale price index (WPI) based inflation rose to 4.33 per cent during the week ended June 11, from 4.22 per cent the week earlier. The rise in inflation is mainly due to higher prices of eggs, fruits and vegetables, according to ... More

Sundaram-Clayton air brake unit opened
SUNDARAM-Clayton's Rs 58-crore facility for producing air brake systems for commercial vehicles was inaugurated today by Mr Ravi Kant, Executive Director, Tata Motors. The plant will be able to produce 1,50,000 sets of compressors, actuators, and ... More

Centre's directive on excise duty — Small pharma entrepreneurs at the crossroads
TWENTY-FIVE years after being in the business of making medicines, Mr P.K. Gupta, a medium-enterprise entrepreneur, is at the crossroads again. Does he shift his manufacturing unit from Haryana to Baddi in Himachal Pradesh - the latest Mecca ... More

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