The Hindu Business Line : Thursday, September 22, 2005

Sensex swings 235 points intra-day — Closes 13 points down, small, mid-cap stocks feel the heat
AFTER a long time, selling powered trading on Wednesday with share prices reversing their upward momentum and closing low. The Bombay Stock Exchange Sensex, which was down by almost 235 points at one point of time, recovered and closed at ... More

Participatory notes account for over 40 pc of FII inflows
FUNDS routed through participatory notes account for almost 42 per cent of the $8.3 billion invested by FIIs in the Indian securities market so far this year. The share of P-Notes (as participatory notes are commonly referred to) has gone up from ... More

PSUs are not Govt departments: Raha
AT the 12th annual general meeting of Oil and Natural Gas Corporation (ONGC) here today, the Chairman, Mr Subir Raha, referred to the `identity crisis' suffered by public sector companies. "... The distinction between a company and a department ... More

ONGC draws blank in discoveries, Cairn Energy tops the list: DGH
OIL and Natural Gas Corporation (ONGC) could not make a single discovery during 2004-05, though it invested $415.58 million (Rs 1,822.64 crore) and drilled nine wells during the period. The oil and gas major, that has been allocated 4,30,335 ... More

ONGC to step up crude output — To set up 3 more refineries
MR SUBIR RAHA, Chairman and Managing Director of Oil and Natural Gas Corporation (ONGC), on Wednesday rolled out ambitious targets for the company, including plans to boost current output of crude oil by 13 per cent to 30 million tonnes by ... More

Waiting period for Green Card may trigger Indian techies' return
The waiting period is triggered off as there is a pent-up demand in the employment based immigration visa category with a lot of pending labour certifications being cleared. More

Depression heads for Vidarbha
TUESDAY'S deep depression located over Jagdalpur in south Chhattisgarh moved initially westwards but later spun northwestwards to lie centred as a depression on Wednesday morning close to Chandrapur (Vidarbha). The system is expected to bring ... More