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Monday, September 05, 2005


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PREFERENTIAL ALLOTMENTS


Spicejet okays preferential issue
MUMBAI: The board of directors of Spicejet Ltd, at a meeting held on September 2, approved the preferential issue of equity shares subject to shareholders' approval and other requisite compliance with the applicable laws and regulations. ... More

OVERSEAS BORROWINGS


ECB route stays closed for charitable trusts
FUNDING of charitable work would continue to be difficult with the Ministry of Finance taking a firm view that charitable trusts would continue to remain out of the External Commercial Borrowings (ECB) fold. "Charitable trusts would not be ... More

INSIGHT


Ownership of equity: A tangled web the Govt weaves
COINCIDENCE or not, the Finance Minister, Mr P. Chidamabaram, spoke of a possible duty cut for small cars just a day before the Government announced its decision to sell off a part of its stake in Maruti Udyog, the joint venture car project with ... More

ACCOUNTANCY


Meet on fiscal, allied laws at Mangalore
THE Fiscal Laws Committee of the Institute of Chartered Accountants of India (ICAI) and the Mangalore branch of the Southern India Regional Council (SIRC) of ICAI will host a national seminar on `Fiscal and allied laws 2005' in Mangalore on ... More

HUMAN RESOURCES


Biocon plans to double headcount
THE headcount of Biocon Ltd will double from around 2,000 now to 4,000 within two years, according to Ms Kiran Mazumdar-Shaw, Chairman & Managing Director. The Bangalore-headquartered biotechnology company has decided to invest around Rs 100 ... More

OUTLOOK


Maruti mulls exchange offer for cars damaged in floods
MARUTI Udyog Ltd is considering an exchange offer for cars that were completely damaged in the recent floods in Mumbai. The carmaker is understood to be making this proposal to the insurance companies. An estimated 6,000 Maruti cars were ... More
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Top Stories
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Ownership of equity: A tangled web the Govt weaves

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In Focus

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In Depth

Gender Justice
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Looking back
Aug. 28-Sep. 3
Funding still a roadblock for biotech start-ups

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Mukesh Ambani group to use RIIL for funding cos


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