Financial Daily from THE HINDU group of publications
Monday, February 13, 2006
Commodities ( Feb 11 at close)
Gold (per gram) Rs745
Silver (per gram) Rs15.15
Brent crude (per bbl) Rs2642
Markets (Feb 10)
BSE Sensex10110.97(+66.15)
S&P CNX Nifty3027.55 (+18.60)
US Dollar (Buy/Sell)44.16/44.29



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PSU banks cagey on getting more freedom to appoint auditors — Feel RBI better placed on this aspect
AMIDST the clamour for freedom to manage their own affairs, banks feel that the Government's decision to grant autonomy to public sector banks to appoint statutory central auditors and branch auditors is something they could have done ... More

`IT sector may need $2.6 b to train 1 m professionals in 3 yrs'
`Companies need to engage with the education system to improve the curriculum' More

Air Sahara cancels 30 flights after pilots' mass sick leave
THE operations of Air Sahara were affected on Sunday after 30 of the airline pilots went on mass sick leave, forcing the airline to cancel 30 flights. "Thirty flights were cancelled. 30 out of the 280 pilots in the system reported sick today. ... More

Railways' budget hotel concept on track
BOT terms being reworked for easier revenue sharing regime

Several interested parties wanted a `letter of comfort' from the Railways on the land on which the hotel would be built. More

It's now time for consolidation?
The general impression one gets talking to cross-section of market regulars is that no one wants to miss the bus. More

Next generation network programme 21CN — BT scouts for Indian start-ups; may locate R&D base here
BRITISH Telecom (BT), which accounts for two per cent of the country's IT exports, is likely to set up a research and development (R&D) base in India even as it scouts around for partnerships with start-ups to drive its next generation network .. More

A flood of job offers
TECHIES are rejoicing and with a vengeance. In 2000-01, thousands of Indian tech professionals were shattered by mass withdrawals of job offer letters. And now, as quickly as they dissipated, the offer letters are coming back, and in a flood. ... More

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