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Monday, October 03, 2005

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Capturing global markets in post-quota regime — Indian textile companies losing out to China
IT has been advantage China and a struggle for India in the post-quota global textile markets, thanks primarily to the better pricing leverage of the large-sized Chinese firms. The smaller and highly fragmented Indian textile companies, in ... More

Revoking suspension of scrips by BSE irks traders
STOCK brokers are irked by the Bombay Stock Exchange's decision to suspend trading in shares of companies that have not complied with listing norms, and revoking the same a couple of days later. According to brokers, in recent cases, BSE had ... More

Corporate governance norms soon for PSU banks
A FURTHER streamlining of the working of public sector banks is in the offing, with the Ministry of Finance holding talks with the Reserve Bank of India to prepare a set of corporate governance norms that would guide the functioning of the Board ... More

Software cos fail to make a dent in home turf
IT is not merely the attraction of dollar revenues from the US market that seems to be taking the sheen off the domestic IT market for Indian software product companies. A mix of factors, such as fixation for foreign IT products, delay in ... More

Oil cos for first point taxation on kerosene, LPG
The contention of the oil companies are that the extension of VAT to the distributor stage increases the losses incurred by the oil marketing companies as they have to compensate the distributors for the taxes. More

Fiscal deficit widens 64 pc in April-Aug
THE Centre's fiscal deficit in April-August touched Rs 86,328 crore, reflecting a 64 per cent increase over the fiscal deficit level of Rs 52,509 crore during the same period last year. The fiscal deficit for the five month period represents ... More

Sound mid-caps may see buying — Cement, IT stocks may participate in pre-quarterly results rally
Some Japanese and Korean funds are understood to be gradually increasing their stake in Indian equities, while a clutch of hedge funds are becoming more active in the local market in search of better returns. More

DCM Engg to hike grey iron castings capacity
The company is also working on increasing the capacity of its textile division. The company's IT division is also diversifying and the real estate division is all set to begin its first phase of construction. More

Escorts deal plagued by land ownership issue
IN the wake of the recent controversy generated over Escorts Ltd selling its stake in Escorts Heart Institute and Research Centre (EHIRC) to Fortis Healthcare, ownership of the land on which the hospital stands could be yet another obstacle in ... More

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