Financial Daily from THE HINDU group of publications
Tuesday, November 22, 2005
Commodities (November 21 at close)
Gold (per gram) Rs678
Silver (per gram) Rs13.65
Brent crude (per bbl) Rs2565
Markets (November 21 at close )
BSE Sensex8610.74(-75.91)
S&P CNX Nifty2602.50 (-17.55)
US Dollar (Buy/Sell)45.72/45.85


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Shipping cos seek stay against strike by unions
SHIPPING lines have moved court against the strike called by a section of seamen on November 25, demanding recouping of the Rs 100-crore loss suffered by the Seamen's Provident Fund in securities trading in 2002. A shipping company official ... More

UPA-Left meet helps iron out differences on Pension Bill — Consensus on divestment in profit-making non-Navratna PSUs
In response to the Left concern that employees' pension funds would be left to the vagaries of the stock markets, the Government has indicated that amendments would be incorporated to provide for an option of a fund that would invest 100 per cent of its corpus in Government securities. More

EPFO trustees fail to reach consensus on interest rate, to meet again on Dec 7
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Monday failed to reach a consensus on the rate of interest payable to the more than three crore subscribers of the EPFO for current fiscal. To further ... More

GlaxoSmithKline to cast clinical research net in India beyond cancer
The scale of GSK's involvement and timing looks to take advantage of the recent Schedule Y amendment in the Indian Drugs and Cosmetics Act 1940, that further streamlined clinical research. More

Mobile gaming gains steam — 4.5 lakh downloads are made every month
IF you're still playing Snake II and trying to beat your own personal high score, then you're just not with it. Mobile games are slowly becoming as varied as computer games; one glance at any of the mobile game provider's Web sites, be it Mauj ... More

TV over phone lines soon
A consumer possessing a broadband connection and a television will be ready for the IPTV revolution. More

`Telecom officers' posting row had cost Govt Rs 2000 cr'
THE Indian Telecom Service Association (ITSA) today claimed that the Government has lost over Rs 2,000 crore due to the `inefficient' and `inept' management by the Department of Telecom in absorbing 2000 Group A officers on deputation in BSNL and ... More

Those not sinned will be most sinned against in warming Earth
PLACES around the globe that have contributed the least to warming the Earth are the most vulnerable to the death and disease higher temperatures can bring, says a report authored by scientists at the University of Wisconsin-Madison in the US. ... More

Outer cloud bands of depression touch base
THE outer cloud bands of the tropical depression over southwest Bay of Bengal on Monday toyed with the peninsular coast along an arc extending from south Tamil Nadu to south coastal Andhra Pradesh, bringing moderate to heavy rainfall in the two ... More




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