Financial Daily from THE HINDU group of publications
Friday, December 09, 2005
Markets (December 08 - 15.30 IST)
BSE Sensex8,906.31(+10.50)
S&P CNX Nifty2706.70 (+13.70)
US Dollar (Buy/Sell)46.21/46.34



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BPO job registry to be released soon
THE National Employment Registry currently prepared by Nasscom and National Securities Depository Ltd (NSDL) will be released within three months. To begin with it will contain employment data on the business process outsourcing (BPO) industry. ... More


`Fanoos' slows down, but sticks to charted course
THE fluctuating values of the wind shear late on Wednesday night slowed down tropical cyclone Fanoos over southwest Bay of Bengal. But the latest satellite data available on Thursday indicated that they are turning in the cyclone's favour once ... More


China's auto sector set to enter critical phase
`Vehicle sales already at 4.69 million units by October-end should close 2005 at 5.8 million units, making China the world's second biggest automobile market.' More


Ensuring sustained development in a democracy not an easy task: PM
THE Prime Minister, Dr Manmohan Singh, today emphasised that ensuring sustained development within a democratic framework was not an easy task as development entails inter-generational trade-offs and choices that political parties cannot easily ... More

Bihar to seek `special category' status
BIHAR plans to seek a `special category' status from the Planning Commission to enable fast track development of the State. The Chief Minister of Bihar, Mr Nitish Kumar, is to meet the Deputy Chairman of the Planning Commission, Mr Montek Singh ... More


CII marketing green industrial park in Jadcherla
THE Confederation of Indian Industry (CII) has launched the marketing activity for the 1,000-acre Green Industrial Park (GIP) near Jadcherla, 70 km from here, in Mahboobnagar district. The park, being taken up in association with the Andhra ... More


Kamal Nath to discuss Asean-India FTA today
THE Commerce and Industry Minister, Mr Kamal Nath, has been invited to attend an informal AEM (Asean Economic Ministers) - India consultation on December 9 on the sidelines of the Asean summit being held from December 12-14 in Kuala ... More


Advanced training for eye surgery
HYDERABAD: Apollo Hospitals and Alcon India, an eye-care company, have started `Phaco Development Centre' at the former's Jubilee Hills facility. The centre would offer high-end training for eye surgeons in the advanced cataract removal ... More


Young entrée-preneurs
Besides the success, what's common to a growing tribe of Delhi's restaurateurs is their youth and complete lack of `experience'. More


Bengal to seek PwC advice for transport sector restructure
THE West Bengal Government will soon seek the advice of PricewaterhouseCoopers (PwC) for restructuring its transport sector, which comprises several loss-making public sector corporations. According to the State Chief Minister, Mr Buddhadeb ... More


LPG shortage largely under control: Aiyar
THE Petroleum Minister, Mr Mani Shankar Aiyar, assured the Rajya Sabha on Thursday that the shortage of liquefied petroleum gas (LPG) has been largely brought under control. The situation was likely to normalise further with restrictions on new ... More

`Iran-Pak-India pipeline project on track'
DISPELLING apprehensions about the proposed multi-billion Iran-Pakistan-India gas pipeline project, India on Thursday said that the project is going on the right track. A senior Petroleum Ministry official said that the three nations might reach ... More


Bitter medicine beneath the sugar-coated diplomacy
FRESH on the home-page of the WTO ( is the December 6 decision on changes to the WTO Agreement on TRIPS (Trade-Related Aspects of Intellectual Property Rights). It informs that cheaper generic ... More


Centre tries hi-tech initiative to monitor power stations
A GIANT screen wired to hi-tech computers flashing real-time data, video-conferencing terminals and snazzy V-SAT connections. These are part of the Centre's hi-tech initiative to galvanise the power sector. The Power Ministry has ... More

Power regulator pulls up GAIL, ONGC
GAIL and ONGC were pulled up by the Andhra Pradesh Electricity Regulatory Commission (APERC) for not being able to fulfill their gas supply obligations as per the power purchase agreements with independent power producers (IPPs). These relate ... More


SSIs invited to Paris fair
HYDERABAD: THE Small Industries Service Institute (SISI) here has invited small-scale units manufacturing quality items to come forward to participate in a global `Pret-a-Porter' fair to be held in Paris during February 2-5, 2006. Those ... More


Advanced degree H-1B visas likely to dry up soon
FIRST, the H-1B visas ran out even before the start of the US Federal Government's new fiscal, and now the clock is ticking for advanced degree H-1B visas, as well. Barely two months into the new fiscal 2006, petitions for the advance degree H-1B ... More


Govt responsible for CAS failure, says House panel
THE Parliamentary Standing Committee on Information Technology has said that the Government's inability to take care of the ground realities has resulted in the "rejection of the implementation of the Conditional Access System (CAS) by the ... More


Hem and haw...
Can some clothes lead to poor academic grades or, worse, violence against women? Is it about dress codes for women or conduct codes for men? The debate rages... More

Hyderabad school wins award
HYDERABAD: THE Bharatiya Vidya Bhavan's Public School, Jubilee Hills, has won the Third Computer Literacy Excellence Award 2004, both at the State and National Levels. The school Principal, Ms C. Rama Devi, received the award from the ... More

IPE students get quiz prize
HYDERABAD: THE Institute of Public Enterprise (IPE), Hyderabad, emerged the second runner-up in the National Student Management Quiz organised by the All India Management Association, New Delhi. The team comprised B. Praneeth Reddy and C. ... More


Dubai Gold hopes to raise sales 25 pc in shopping fest
DESPITE high gold prices worldwide, Dubai Gold & Jewellery Group (DGJG) hopes to increase gold and jewellery sales by about 25 per cent during the 11th Dubai Shopping Festival (DSF) 2006. Dubai's gold retail trade worth over $3 billion is an ... More


Spot gold may correct lower
SPOT gold prices rose to a fresh twenty four-and-half year peak on Wednesday as investors rushed into gold for a pie of the action. As mentioned earlier, there is still a lot of room on the up side as the metal had supportive fundamentals. ... More


FAPCCI plea to withdraw FBT
THE Federation of Andhra Pradesh Chambers of Commerce and Industry (FAPCCI) has asked the Union Government to withdraw the Fringe Benefit Tax (FBT) that taxes companies heavily. In a pre-budget memorandum on direct and indirect taxes submitted ... More


P.K. Jain shows the way to wealth through small savings. More


BMW looking to source components from India — Signs pact with TN for CKD plant
BMW, the German premium car manufacturer, is looking at sourcing components from India for its global operations. The company interacted with the component manufacturers' association at the beginning of August and association representatives have ... More

Speed - a point in TN's favour
ONE of the factors that weighed in Tamil Nadu's favour when BMW was exploring locations to set up a plant to assemble its premium sedans in the country was the speed at which the official machinery acted. A point that Mr Klaus Berning, ... More


Signature campaign
Mr Ramkishan Chaudhary, President, Kisan Seva Samiti, presenting a memorandum from farmers to the Minister for Commerce, Mr Kamal Nath, in New Delhi on Thursday. Over 50 lakh people had participated in the signature campaign seeking changes in ... More


Schemes for poor to be linked in Kerala
THIRUVANANTHAPURAM: The Chief Minister, Mr Oommen Chandy, has said that the `Hunger-Free Kerala' project will bridge the gap in various schemes of the State Government for the poor. A number of voluntary agencies had come forward to ... More


World Bank plans to make coal institute a centre of excellence
SATISFIED with the academic environment and infrastructure of the Indian Institute of Coal Management (IICM) here, the World Bank is considering making the institute a regional centre of excellence for sourcing trained personnel for South-East ... More


Seed producers chalk out plan to discourage child labour
THE hybrid seed manufacturers have chalked out an action plan with the help of Government and non-governmental organisations (NGOs) to tackle the child labour problem in the seed industry across the country. This is in response to the ... More


ICAI southern regional meet in Kochi from today
THE 37th regional conference of Southern India Regional Council of the Institute of Chartered Accountants of India will be held here on Friday and Saturday at Le Meridian Convention Centre. The Governor, Mr R.L. Bhatia, will inaugurate the ... More

Chamber plans event series in Thiruvananthapuram
THE Chamber of Commerce Thiruvananthapuram is planning to organise a series of business and consumer events in the city. Addressing a press conference here, Mr M.R. Narayanan, President of the Chamber of Commerce, Thiruvananthapuram, said the ... More

Meet on `Kerala Studies'
THIRUVANANTHAPURAM: The West Bengal Chief Minister, Mr Buddhadeb Bhattacharjee, will inaugurate the three-day International Congress on Kerala Studies (ICKS) being organised here by the AKG Centre for Research and Studies from Friday. ... More


KSINC's first houseboat ready
THE State-owned Kerala Shipping and Inland Navigation Corporation (KSINC) is all set to deploy its first houseboat constructed for the Karnataka Tourism Department. The houseboat, constructed at a cost of Rs 40 lakh for Jungle Lodges and ... More


Adesh Gupta is FDDI Chairman
NEW DELHI: The Ministry of Commerce and Industry has appointed Liberty Shoes Ltd's CEO, Mr Adesh Gupta, as the Chairman of Footwear Design and Development Institute (FDDI), a company release said. FDDI was established in 1986 by the ... More

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Top Stories
Centre tries hi-tech initiative to monitor power stations

BMW looking to source components from India — Signs pact with TN for CKD plant

Contamination of cotton falling, says survey

India attracts investment commitment of over $8 b from global IT, telecom majors

China's auto sector set to enter critical phase

Advanced degree H-1B visas likely to dry up soon

In Focus

Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Nov. 27-Dec. 3
We missed the IT bus: Mukesh Ambani

LIC welcomes FDI in insurance biz

Tiles industry resents `dumping' by China

`FMCG cos must adopt aggressive strategies to realise growth potential'

AP mosambi finds space in Singapore retail shelf

Good response to Indo-UK `twinning' study courses

Panel on EET system of taxation submits report

After H1 bull run, rice exports may slacken

Govt plans to decontrol fertiliser prices; may start with SSP

Infrastructure growth slows in Oct

Govt expects liberal dividends from PSUs

Centre to unveil pharma policy soon

Rlys fears higher classification for iron ore may hit earnings

BG India, ONGC to operate 3 offshore deepwater blocks

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