Financial Daily from THE HINDU group of publications
Sunday, August 21, 2005

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GAIL eyes stake in Central European gas pipeline project
GAIL (India) Ltd is likely to bag equity participation in the Rs 25,000-crore Nabucco natural gas pipeline project, a transnational 3,300-km pipeline from the Caspian Sea to Central Europe. According to a company communiqué, GAIL has sent an ... More

A Rs 6,000-cr gap: SEBI data puzzles mutual fund managers
THERE seems to be a Rs 6,000-crore gap between what mutual funds have mobilised through their equity schemes and what they have invested in stock markets during the financial year 2004 -05. Data compiled from the monthly publication of the ... More

Eleven consortia in race for Railways' call centre services
ELEVEN consortia — each consisting of IT-enabled service providers and instant voice response system (IVRS) hardware equipment vendors and software players — have bid for setting up the call centre network of Indian Railways, ... More

Puma setting up Indian arm through Austrian subsidiary
GERMAN sports and lifestyle company Puma AG is in the process of setting up a wholly owned subsidiary in India for marketing and sale of its products. The company would undertake wholesale trading in various Puma brand footwear, apparels, ... More

Fidelity Equity Fund tops managers' list
INDIAN investors appear to have taken seriously Fidelity's slogan of `Invest with the world No. 1'. In just over three months since its launch, Fidelity Equity Fund has emerged as the top equity fund in terms of assets under management. As of ... More

Govt plans wine board to help industry grow — May de-link the beverage from other hard liquor
IT'S cheers for connoisseurs of wine. The Government plans to set up a wine board at the central level for promoting the domestic wine industry. Plans are also afoot to de-link wine from other hard liquor as far as taxation and excise policy are ... More

261 Web site vandalisation incidents in July
THE reported incidents of defacement of Indian Web sites in popular domains including `.com' rose to 261 in July, compared to 144 incidents tracked in the previous month, according to the Indian Computer Emergency Response Team ... More

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Aug. 14-Aug. 20
Exporting iron ore is against national interests: Tata Steel MD

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