Financial Daily from THE HINDU group of publications
Monday, June 27, 2005
Markets (July 25)
BL 2502325.28 (+12.27)
BSE Sensex7505.60(+82.35)
S&P CNX Nifty2291.75 (+26.15)
US Dollar (Buy/Sell)43.51/43.63
Gold Std (10 gm)6085 (+35)

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LNG from Iran: Deal depends on access to liquefaction tech
WILL the technology of liquefaction of gas become an obstacle for Iran-India LNG deal? Official sources speaking to Business Line concede that there are concerns about Iran's ability, at this point of time, to convert natural gas into ... More

Finance Ministry, RBI differ on FDI in asset reconstruction cos
ARCIL is the only functioning ARC in the country at present. It is felt that a proper FDI framework might encourage more ARCs to start operations. More

Trade council set up to involve States in export efforts
AN inter-State trade council (ISTC) has been constituted to advise the Central Government on measures that need to be undertaken for providing an international trade-enabling environment in the States. The council, as an advisory body, would ... More

Anil Ambani assumes charge at Infocomm, reconstitutes board
MR Anil Ambani today assumed charge as Chairman of Reliance Infocomm and reconstituted the board of directors of the company. The two new directors on the board are Mr Gautam Doshi, a chartered accountant, and Prof J. Ramachandran, who is a ... More

Punitive liabilities for data theft, loss — BPOs faced with higher insurance premiums
"These are not asset-based bank guarantees but a form of insurance where the vendor pays a significantly higher premium, because these liabilities have no actuarial history." More

More security breaches in US, says Forrester
IN the eye of storm, the Indian BPO industry has got a breather from unexpected quarters. Even as the industry grappled with the possible impact of the recent expose on an Indian call centre by a British tabloid, a senior Forrester official ... More

$12-b chip unit coming up in AP
NANO-TECH Silicon India Pvt Ltd (NSTI), which plans to set up a mega semiconductor fab facility, hopes to complete the first round of financing and finalise a technology partner within the next 60 days. (A fab facilty is a silicon wafer ... More

Indices may head north, thanks to funds from East
THE overseas fund flow dictated bullishness in the market last week as predicted in these columns. This week also the cash-driven upward trend in the indices is likely to continue in view of serious emerging Japanese interest in Indian ... More

Left parties not to attend coordination meetings
THE Left parties on Sunday decided not to participate in the UPA-Left coordination committee meetings to protest the Government's decision to go ahead with disinvestment in Bharat Heavy Electricals Ltd (BHEL) and other profit-making public ... More

`Temping' on the rise; recruiters seek changes in law
TEMPORARY staffing (temps), also called flexi staffing or contract staffing, is emerging as a major industry in the country. The workforce is over 400 million strong and the market potential for temps is estimated to be 10-12 million in the next ... More

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