Financial Daily from THE HINDU group of publications
Sunday, January 22, 2006
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Jet Air net dips 53 pc on fuel price hike
Cites payroll, lease rental costs as other reasons

JET Airways, the biggest domestic carrier after Thursday's board approval to acquire Sahara Airlines, on Saturday reported a 52.93 per cent decline in profit after tax for the quarter ended December 31, 2005, to Rs 61.01 crore from Rs 129.63 ... More

TN Govt introduces Bill to take over MSOs — Street-level cable operators out of purview
THE Tamil Nadu Government proposes to take over the operations of two multi-system operators (MSOs) — those who provide satellite television services through a network of cable operators — on grounds of public interest, through a ... More

Wrong signal, says Kamal Nath
"IF any State Government wants to get into the liquor business and cable TV it is going in the reverse direction," commented the Union Minister for Commerce and Industries, Mr Kamal Nath. He was reacting to journalists who had sought his ... More

The Big B factor in Jet-Sahara deal
AMITABH Bachchan may not know this, but he, too, might have played a role in the sale of Air Sahara. If people involved in the whole process are to be believed, it was the Big B's hospitalisation that helped the two airline promoters — ... More

Anti-dumping probe initiated on pen-G imports from China
LOW-priced Chinese made penicillin-G imports continue to have a telling effect on the fortunes of the domestic industry manufacturing the drug. SPIC Ltd, a pen-G manufacturer, has approached the Anti-dumping Directorate in the Commerce Ministry ... More

MTNL yet to comply with Clause 49
DESPITE warnings of punitive measures by the Securities and Exchange Board of India (SEBI), the state-owned Mahanagar Telephone Nigam Ltd is yet to comply with the requirements of Clause 49 of the Listing Agreement mandated for all companies ... More

Revised position limits on stock-based derivatives from Jan 27
FOREIGN institutional investors, mutual funds and other trading members can take higher position limits for stock-based derivatives from January 27. In a circular to the stock exchanges, FIIs and mutual funds, the Securities and Exchange Board ... More




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