Financial Daily from THE HINDU group of publications
Saturday, March 11, 2006
Markets (March 10)
BSE Sensex10765.16(+191.62)
S&P CNX Nifty3183.90 (+54.80)
US Dollar (Buy/Sell)44.51 (+0.01)



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16 cos call on IIMB for placements
About 16 companies came calling at the IIM-Bangalore on Friday on the day zero of placements for the Class of 2006. According to sources at the institute, most of these were international recruiters from investment banking and consultancy areas. ... More


Westerly trough sets up 2nd perch over Haryana
The deep westerly trough affecting Northwest India has spawned a fresh cyclonic circulation over Haryana on Friday, the second over this region in the series, even as Thursday's circulation over Gujarat/South Rajasthan set off widespread to heavy ... More


IMC Quality award for Rahul Bajaj
Mr Rahul Bajaj, Head of the Bajaj Group of Companies, has been awarded the Indian Merchants' Chamber Juran Quality Medal. Dr R. Chidambaram, Principal Scientific Advisor to the Centre, also awarded the IMC's Ramkrishna Bajaj ... More


Ultra Group eyes Rs 20 cr from DVD films segment
To launch 50 films in DVD format More


`India can be made manufacturing hub'
Chidambaram identifies textiles, leather, food processing and petroleum More


Chile wants wine to be included in PTA
The agreement, at present, cuts tariffs on 600 items More

German State of Saarland keen to expand ties
The State of Saarland, located in the south west of Germany, is keen to expand business in India.Highlighting this, Dr Hanspeter Georgi, Minister of Economics and Labour, Saarland, said that relationships between Germany and India have developed ... More


Increase in kidney failures `alarming'
World Kidney Day observed More


Govt okays HOCL, HAL, CCI revival packages
The Government has cleared the revival packages for three loss making PSUs, Hindustan Organic Chemicals Ltd (HOCL), Hindustan Antibiotics Ltd (HAL) and Cement Corporation of India (CCI). "The Cabinet Committee on Economic Affairs (CCEA) gave ... More


Gas output from KG Basin blocks to begin by June: Raha

Crude oil imports pegged at 110 mt
Qatar may supply LNG for Ratnagiri Power More

ONGC postpones coal bed methane production
Delay in awarding contracts in Jharkhand, Bengal blocks More

Oil India, IOC to buy 90 pc stake in African block
Consortium to invest $12.5 m More

GAIL not to levy marketing margins on gas sale
GAIL (India) Ltd on Friday said that it would discontinue levying of marketing margin on the sale of natural gas covered under the Gas Pricing Order. In a statement issued here the company said, this follows a communication from the Ministry of ... More


PFC invites EoIs for project in Karnataka
State-owned Power Finance Corporation (PFC) on Friday invited expressions of interest (EoIs) from domestic and international promoters for setting up a 4,000-MW `ultra mega' power project in coastal Karnataka. The project, which would entail ... More


`Limited taxation powers hit Kerala development model'
If the trend were to hold, it could lead to a fall in tax-SDP ratio in future. More

`12 pc service tax on air travel will hit revenue'
Passengers may resort to cross border ticketing More


Husys unveils HR support for SMEs
Husys Consulting Pvt Ltd (HCPL), a Hyderabad-based HR consultancy company, has announced the launch of cost-effective HR support initiatives targeted at SMEs. Speaking to newspersons, the HCPL Chief Facilitator, Mr G.R. Reddy, said that his ... More


Tyre manufacturers to import 25,000 t rubber
Anticipate short supply during peak production period More


Scotch Whisky body to press for scaling down import tariffs
Seeks fair market access for imports in line with WTO rules More


Varanasi test
On Wednesday terrorists set off bombs in the holy city of Varanasi which claimed more than a score of lives, in the process confirming that the enemies of the republic are bent on pursuing their goal of ... More


Roll out CAS in metros: HC
Monthly subscription fee to come down More


`Sell the sizzle, not the steak'
Stress on turning hard work into results and achievements More

`Bet on transparency, better governance'
Businesses need a stable policy environment of 3-5 years to plan and grow, stress experts. More

ICSI plans to revamp syllabus
In to bid to incorporate the changes made to the Corporate Laws and also to further strengthen the profession, the Institute of Company Secretaries of India (ICSI) is planning to go in for a major revamp of its syllabus, the newly-elected ... More


Textile plea for job scheme
Extension of upgradation fund sought More


`SSIs must look for growth in water-based paints'


Youth friendly
NEW ON THE ROAD: A scene at the first India International BI-Wheeler Auto Show 2006 in the Capital on Friday.



Tea production up a tad, exports decline
Output in South down 1.6%; North registers 5.8% growth More

Panel on duty drawback rates
The Finance Ministry has constituted a committee for the purpose of formulation of All Industry Rates of duty drawback for 2006-07. The committee, headed by Mr Saumitra Chaudhuri, Member, Prime Minister's Economic Advisory ... More


Ayurveda expo
Ayurvedic system of medicine should be popularised among the masses, as it is indigenous and based on herbs, and there is a need to produce quality drugs at affordable prices, according to Mr D.R Garg, Commissioner of the ... More


The final act?
A MARTIAL ARTS practitioner from Austria specialising in the Chinese technique, and now on a tour of India, displays his skills on Kovalam beach in Thiruvananthapuram. As the tourist season is about to end, most of the foreign visitors who ... More


`Product duplication prevalent in every industry'
Mr Zaheer Khan, Chairman and Managing Director of Enforcers of Intellectual Property Rights (EIPR), has expressed concern over the rising ratio of counterfeit products in the Indian market. NEXT TO CHINA "India is next only to China in ... More

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Union Budget 2006-2007

Economic Survey 2005-2006

Top Stories
Indian markets will outperform for next 10 years, says Faber

`RBI will manage liquidity through range of tools'

Tyre manufacturers to import 25,000 t rubber

Crude oil imports pegged at 110 mt

Forex reserves rise $1.5 b

Oil India, IOC to buy 90 pc stake in African block

`Product duplication prevalent in every industry'

`India can be made manufacturing hub'

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs

In Depth

Gender Justice
Simple Economics
Tax Talk

Looking back
Feb. 26-Mar. 4
Poultry industry loss put at Rs 5,000 cr

Gas supply issue: Meet today to resolve deadlock
Chiefs of Panna-Mukta venture partners, GAIL to participate

Interest rates may firm up: Survey
`Forex reserves accretion slowing, credit offtake keeps rising'

Fertiliser subsidy to exceed Budget estimates
Total subsidy may cross Rs 24,000 crore

Core sector growth slows to 3.3% in Jan

Will Budget bring relief to cancer, AIDS patients?

Bank deposits to get 80C deduction — Recapitalisation bonds to be converted into tradable securities

MFs keen to tap global opportunity

No bad news on income taxes

Big bonanza for the small car

A touch more than a stitch in time

Wiring up the nation

IT industry divided over impact of excise duty — Desktop, notebooks may turn costlier

Domestic airlines get tax exemption for 1 more year

Shipping management services expensive

Equity fund redefined

Pre-monsoon activity seen setting in early

Cement sector says nothing concrete

Australia hails easing of mining norms

Pepper exports to US decline

Budget doubles excise duty on sugar

Hallmarked jewellery a safer bet, says RBI

Ban likely on alcohol, tobacco additives in food products

Frontline gets more contemporary look

Cement majors post increase in sales

National Load Dispatch Centre planned at Delhi, Kolkata

Steel cos parking cash with banks

Global market's weakness hits oilmeals price

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