The Hindu Business Line : Tuesday, July 19, 2005

Telecom cos plan Net TV rollout
SOON your phone lines will enable you to choose the movies that you want to watch on your TV. You can pause, fast forward and rewind live and recorded content stored on a remotely located server by the service provider. Leading telecom players ... More

Nambiars to plough settlement money for BPL debt recast
MR T.P.G. Nambiar, the patriarch of the BPL Group, will plough back the cash unlocked through an out-of-court settlement with his son-in-law, Mr Rajeev Chandrasekhar, as promoters' money to get the group's flagship company BPL Ltd's much-delayed ... More

Hero Honda Q1 net rises 7.6 pc
HERO Honda Motors Ltd today announced a 7.6 per cent increase in net profit for the quarter ending June 30, 2005, at Rs 204.4 crore against Rs 190 crore in the same period last year. The country's biggest bike maker said turnover jumped by 15 ... More

First instalment of fringe benefit tax can be paid till Aug 15
CORPORATE India and other assessees can now pay their first instalment of the advance fringe benefit tax (FBT) up to August 15 without being subjected to interest on delayed payment. The first instalment of the advance fringe benefit tax was due ... More

Tata Steel to buy 5% stake in Australian coal mine
The steel major has signed agreements to buy a five per cent stake in Carborough Downs Coal Project located in Queensland, Australia. Tata Steel and other steel companies have been looking to invest in coal mines overseas, primarily in a bid ... More

Sensex scales new peak on heavy buying
THE market continued to outdo itself on Monday. The BSE Sensex soared to a new high led by buying in index heavyweights, TCS and Infosys. While IT stocks stole the show, automobile, textiles and consumer goods stocks also had ... More

Chemical companies moving to pharma sector for stability
THE chemical industry is actively pursuing forward integration by moving into the pharmaceutical sector. In the past few years more than a dozen erstwhile chemical companies have moved into manufacturing bulk drugs. And, as analysts point out, ... More

India Post expands services — To deal in Govt securities, seeks nod for banking operations
THE Postal Department has started retailing Government of India securities following a tie-up with IDBI Capital Market Services Ltd. Launching the service here today, the Union Minister for Communications and Information Technology, Mr ... More

Monsoon likely to revive by Sunday
THE country has entered a true `weak monsoon phase' with major rainfall activity expected to be confined to the North-East, sub-Himalayan West Bengal, areas close to the Himalayan foothills and South peninsular India. This trend will hold for ... More