Financial Daily from THE HINDU group of publications
Wednesday, January 25, 2006
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Financial Daily from THE HINDU group of publications Wednesday, January 25, 2006 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Monsoon pattern points to `La Nina' in the making THE cyclonic circulations over the Bay of Bengal during the just-concluded northeast monsoon could well have provided the best available indicator from this side of the equatorial Pacific of a La Nina brewing close. The US-based International ... More NRIS Air Arabia, Kingfisher tie up for Mangalore to Gulf flights AIR Arabia LLC, the first international low-fares airline in India, has tied up with Kingfisher Air to offer customers in Mangalore direct flights to the United Arab Emirates. A press statement from Air Arabia said with a single reservation, ... More SOCIAL SECURITY `New pension system to have sizeable subscriber base' THE PENSION Fund Regulatory and Development Authority (PFRDA) has pegged the number of people interested in joining the new pension system in the near term at 20-30 million. With an almost equal number keen to sign up in the next couple of ... More ECONOMY 
UN pat for India's `economic performance' — Manufacturing, infrastructure development in forefrontTHE United Nations has extolled India's "strong economic performance" in 2005, driven largely by the manufacturing sector, booming domestic demand for consumer goods as well as infrastructure development. In its flagship publication, World ... More INFRASTRUCTURE IL&FS seeks to join Mangalore export zone SPV THE formation of Mangalore Special Economic Zone (SEZ) is gathering momentum with Infrastructure Leasing and Financial Services (IL&FS) Ltd — an investment banking institution engaged in the development of projects in infrastructure sector More
Industrial infrastructure will be improved: AP CM TAXATION 
Replacing AED on cigarettes with VAT can hit many States — Fall in revenue seen in 44-88 per cent range; consumers may pay more for a puffINDIRECT tax experts and taxation managers in industry have cautioned that many States would actually lose substantially if additional excise duty (AED) on cigarettes is replaced by VAT. It is further pointed out that scrapping of AED on ... More
CII for phased removal of CST TEXTILES Tiruchengodu, Namakkal emerging textiles hub The volume of export of specialised fabrics from Tiruchengodu would be in the order of around 50 containers per month. More WATER Water levels decline in Kerala reservoirs THIRUVANANTHAPURAM: Water levels at three major reservoirs in the State - Idukki, Idamalayar and Kallada - have recorded a slight decline when compared to the levels recorded during the preceding week. According to figures ... More MANAGEMENT `Modern management concepts found in Tamil literature' THOUGH languages may be different, concepts in management are universal and references to successful management abound in Tamil literature too, even from classical times, said the Managing Director of Visvas Promoters Pvt. Ltd, Mr S. Seetharaman, ... More EDUCATION ICICIOneSource programme to make youth employable THIS is a business school with a difference. All the 90 young people graduating from the Livelihood Advancement Business School (LABS) on Sunday in Bangalore walked away with a certificate and a job on hand. In a unique CSR initiative, ICICI ... More
IBM India, BITES launch project for academic excellence in Karnataka MEDICAL INSTITUTIONS & HOSPITALS Manipal group earmarks Rs 150 cr for more buys On a parallel track, in the next two years the group's existing 600-bed Rs 150-crore Manipal Hospital in Bangalore would create a new campus on property owned towards the emerging Hebbal-Devanahalli area. More REAL ESTATE & CONSTRUCTION Energy prices, global oil demand fuel upturn in Saudi construction activity HIGH energy prices and strong global oil demand are fuelling a significant upturn in construction activity in Saudi Arabia, with almost $160-billion-worth of large-scale projects planned in the kingdom according to MEED projects, the online ... More INDUSTRY ASSOCIATIONS India Inc welcomes apex bank's move The apex bank's announcement on Tuesday to hike the repo rate to 6.5 per cent and the reverse repo rate to 5.5 per cent and leaving the Bank Rate and the Cash Reserve Ratio (CRR) unchanged is in line with expectation, according to the Federation ... More SCIENCE & TECHNOLOGY 
`Aircraft supplier for AWACS to be finalised in 3-4 months'THE aircraft supplier for the indigenous Airborne Warning and Control System project (AWACS) will be finalised in the next 3-4 months, the Scientific Advisor to the Defence Minister, Dr M. Natarajan, said here on Tuesday. Top aircraft ... More FOREIGN DIRECT INVESTMENT `Ease regulatory burden to attract higher FDI' INDIA should ease the regulatory burden and improve the conditions for doing business in order to attract higher foreign direct investment, a top Swiss Government official said. Addressing an interactive meeting on "India and Switzerland - A ... More
King Koil gets FIPB nod to start India operations RURAL DEVELOPMENT 
Give private credit institutions a chance
Nabard sanctions funds for TN projects EXPORTS & IMPORTS 
PM for inter-ministerial meets to help solve exporters' woesTHE Prime Minister, Dr Manmohan Singh, today said he favoured structured periodic meetings at intervals of six months or more often between the Finance and Commerce and Industry Ministers so that exporters have a forum to present their ... More VENTURE CAPITAL Pvt equity, venture capital cos raise $950 m via IPOs: Study SEVENTEEN private equity and venture capital-backed companies raised about $950 million via initial public offerings during 2005, according to a Venture Intelligence India study. Private equity (PE) and venture capital (VC) companies obtained ... More ECONOMIC OFFENCES Banks' role in IPO scam — Risk control systems under RBI scanner THE Reserve Bank of India said it would assess whether banks were meeting the Know Your Customer norms and other guidelines related to opening of accounts, in the light of the recent IPO scam. RBI would also examine the risk and control ... More
Raj Basantani group to face prosecution for fraud Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus Auto Expo 2006 IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jan. 15-Jan. 21 IMD funds from Gulf may move into mutual funds Base import prices cut for crude palm, soyabean oils Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock `Ultra-mega' power plants — Generation cost to be under Rs 2 per unit Rising domestic prices curb cotton exports `Create knowledge partnership directory' Nagarjuna Power rejects Jindal's offer to buy out Udupi project Health Ministry to push for ban on smoking scenes AIR to air running commentary of Indo-Pak series `India will become third largest plastic consumer by 2010' Some M&A gyan for Indian cos India cannot go back on reforms: Goh |
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