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Monday, July 18, 2005

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Uneven monsoon pushes up farm goods prices
PRICES of various agricultural commodities have shown a tendency to rise on delayed monsoon and uneven rainfall coverage since June 1, the official date for onset of monsoon. The prices, which reflect the trade's perception about kharif crop ... More

Shareholders fault SRP Tools promoters for inadequate disclosure
"Everything had been done in accordance with the law and that the original promoters were technically correct in what they did." More

SBI opts for dual remedy to recover bad debts
STATE Bank of India has decided to pursue its bad debt recovery efforts simultaneously under the Securitisation Act and the Debt Recovery Tribunal (DRT) Act. SBI's decision runs contrary to the Finance Ministry view that simultaneous ... More

BPO companies move into smaller towns — 'Investment proves a virtual goldmine'
About 40 per cent of the additional employment expected to be generated in the ITES sector in 2005-06 would be in places such as Visakhapatnam, Jaipur, Mangalore, Chandigarh, Kolkata and Pune. More

Poor response to HLL's VRS offer
WORKERS of Hindustan Lever Ltd (HLL) think that having a regular job is better than a VRS package of Rs 30 lakh. Hardly 100 workers out of 1,000 at its Sewri plant in Mumbai have opted for the VRS offered prior to the plant being sold to a ... More

Money flow - the main spinner of market
LAST week, sheer liquidity flow kept the benchmark indices out of the woods. The combined net FII figures were positive. SEBI data for the first four days of the week showed net fresh overseas investment of Rs 1,269.10 crore. However, a ... More

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