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Monday, July 04, 2005

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Fixed line telephony set to make a comeback — Integrated operators plan major wireline expansion
FIXED line telephony that had given way to mobile phones is now back in focus. Most of the integrated players including Reliance Infocomm, Bharti Tele-Ventures and Bharat Sanchar Nigam Ltd are betting big on wireline phones and are rolling out ... More

CLB orders Govt to appoint 2 directors on Morepen board
THE Company Law Board (CLB) has directed the Union Government to appoint two Government directors on the board of Morepen Laboratories Ltd for a period of three years to safeguard the interest of depositors, particularly small depositors, who ... More

Mercator unlikely to get nod for chartering deal with Norwegian co
Normally, INSA has to verify that there is no Indian tonnage to move the particular cargo. Following pleas from the industry, the DG Shipping is having a re-look at the charter policy, with INSA setting up an expert committee to study the issue. More

Maharashtra to launch special insurance scheme for women
THE Maharasthra Government proposes to launch a unique insurance scheme exclusively for women in the State. According to Mr Harshavardhan Patil, Minister for Women and Child Development, Maharashtra, the proposed scheme would cover about 1.5 ... More

Fund flows to dictate direction
THE Dalal Street is in a purely liquidity driven mode. The fundamentals have taken a back seat. Each day, the market direction is being dictated alone by the movement of money. This state of affairs is likely to continue this week too. The ... More

IOC's Gujarat refinery resumes operations
INDIAN Oil Corporation's Gujarat Refinery has begun operation after the first impact of floods in the State receded. According to the company, the primary processing units, which were shut down due to incessant rains and water logging early ... More

Second monsoon `low' likely by Wednesday
BARELY have Gujarat and other flood-hit parts of central India recovered from the shock than comes the fresh warning about another low-pressure area, second of the season, taking shape in the Bay of Bengal as early as by Wednesday. The ... More

Exports up in all major sectors
THE country's exports saw an upward movement across the board in all major sectors in 2004-05. Agriculture and allied products exports increased by over 11 per cent in dollar terms and by over 9 per cent in rupee terms. According to an ... More

Theme-based housing comes of age
The overheads in case of theme projects remain the same as in other projects, but it is more profitable. More



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