Financial Daily from THE HINDU group of publications
Thursday, September 15, 2005
Markets (Sept 14)
BL 2502463.27 (-8.45)
BSE Sensex8189.48 (-4.48)
S&P CNX Nifty2492.45 (-7.90)
US Dollar (Buy/Sell)43.86/43.99
Gold Std (10 gm)6435

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6 in fray for Mumbai airport project, 5 for Delhi — Entire process to be completed by year-end
AFTER the withdrawal of the Bharti and Piramal consortia, the Government on Wednesday received six bids from top-notch industrial houses interested in participating in the restructuring of the Mumbai airport and five for the Delhi ... More

High drama as bidders submit papers
THE second floor of Rajiv Gandhi Bhawan, where the Ministry of Civil Aviation is headquartered, late this evening witnessed some high-tension drama. The action was at the office of the Executive Director (Key Infrastructure Development), Mr V.K. ... More

Scope of MF participation in derivatives enhanced: SEBI
The Securities and Exchange Board of India (SEBI) has announced that it has enhanced the scope of mutual funds' participation in the derivatives market. The capital market regulator on Wednesday said it has permitted mutual funds to participate ... More

Govt open to selling residual stake in MUL
By selling the entire 18.28 per cent stake, the Government can get more than Rs 2,000 crore. More

TRAI sets the ball rolling for digitisation of cable TV — Sets 2010 Commonwealth Games as deadline
SHARPER pictures for a better viewing experience will become a reality, if digitisation of the cable network takes off in the country. Setting the 2010 Commonwealth Games as a deadline, the Telecom Regulatory Authority of India (TRAI) has ... More

T & Z groups account for 25 pc of BSE volumes
WITH stock prices touching new highs every day, there has been a sudden increase in trading volumes in the shares of companies that have weak fundamentals and those not complying with the listing norms of stock exchanges. A good indicator of ... More

IRDA moots stand-alone agri-insurance companies
THE Insurance Regulatory and Development Authority (IRDA) has suggested setting up of standalone agriculture insurance companies with reduced capital requirements of Rs 25-40 crore. Currently, the minimum capital requirement for life and ... More

Madras HC grants interim stay on fringe benefit tax
ENFORCEMENT of the fringe benefit tax introduced by the Centre in the 2005-06 Budget has been stayed in the Madras High Court, in respect of a city-based chartered accountant firm. Mr Justice K. Raviraja Pandian, who heard the counsel for ... More

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