Financial Daily from THE HINDU group of publications
Tuesday, March 21, 2006
Markets (March 20)
BSE Sensex10941.11(+81.07)
S&P CNX Nifty3265.65 (+31.60)
US Dollar (Buy/Sell)44.45 (-0.02)


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`TN must set aside Rs 700-cr skill development fund'
HR is the key tool to boost industries' growth More

Ford opens new dealership facility in Madurai
Ford India inaugurated its Brand@Retail dealership facility `Akshaya Ford' at Thanakankulam, near here, on Saturday. The integrated 3-S facility (sales, service and spares) built according to Ford's global ... More

RTG second testing unit
ReadyTestGo (RTG), offshore software testing services provider and part of the CSS Group, has set up its second software testing facility in Chennai. The company plans to hire 150 software engineers over the next 12 months in the ... More


Venkateswara institute gets 60 acres
The proposed Rs 60-crore project to construct the Sri Venkateswara Institute of Medical Sciences (SVIMS), General Hospital and the Sri Padmavathi Medical College (SPMC), at Renigunta, near Tirupati in Andhra Pradesh has got a shot in the ... More

`South India rid of polio'
The Rotary Club, in association with the Union Government, has succeeded in eradicating polio from South India, but there is still incidence in North India, according to Mr M.C Das, District Rotary governor. The Rotary district covers six ... More

AP to cut LPG rates from Apr 1
There is good news for LPG consumers in Andhra Pradesh. Come April 1, the rate will be down by Rs 25 on every cylinder. Which means, the consumer will have to pay around Rs 260 per cylinder against the present Rs 285. Announcing this, the State ... More

SLBC for reduced poultry premium
Insurance companies urged to review stand on shrimp farming More

IDRBT - Infusing technology for efficient banking
`Our efforts are directed at making banking easier and at reaching the benefits to the end customer.' Working closely with AP on a rural micro-finance initiative More

AP Textile traders to down shutters tomorrow
The Andhra Pradesh Federation of Textile Associations will down shutters again on March 22 and take out a "Chalo Assembly" rally to draw Government attention on the need to do away with VAT on `made-ups'. Speaking to newspersons, the federation ... More

Management meet
Badruka College's Business Management Department organised `SPLASH 06', a two-day management cum cultural meet during March 17-18. About 40 colleges participated in the competitions, which included young manager, ... More

Kamineni Wockhardt diabetic clinic
The Kamineni Wockhardt Hospitals has opened a diabetic clinic. Dr Raman Boddula, Consultant Endocrinologist and Diabetologist will head the unit. The clinic would focus exclusively on diabetes and the secondary ailments caused by ... More

Andhra Bank opens ATMs
Andhra Bank has announced the inauguration of two automated teller machines (ATMs) - one at MJ Road near Exhibition Grounds and the other at Tirumalgherry. With this, the bank's total ATMs network has increased to 114 in the ... More


Environmental nod for KRL's expansion plan
The Rs 2,000-crore expansion-cum-modernisation plan of Kochi Refineries Ltd has been cleared by the Ministry of Environment and Forests. The project, which is to be executed in the refinery's existing facilities, envisages capacity expansion ... More

A welcome coffee break
The Indian - and, more specifically, the Kerala - market is decidedly price-conscious. And the testing ground for much of that price resilience is the retail market. More

Slumping fortunes
FARMING SECTOR in the State has registered low income and the rate of growth of private sector investment in agriculture was lower than the national average, though investment was high in monetary terms. The State agricultural income was Rs 5,586 ... More


Beer, IMFL price may rise sharply
The price of beer and IMFL are expected to rise sharply in Karnataka because of the increase in excise duty on liquor in the State Budget. The United Breweries' President and Chief Executive Officer, Mr Kalyan Ganguly, told Business Line ... More

No new taxes in Karnataka Budget
Rs 1,534.54-cr surplus; slew of sops for rural, farm sectors More

KCCI hails Budget
But concerned over VAT slab on cashew kernels More


Tata Power plans 2 coastal plants in Maharashtra
Tata Power Company, which was in the process of finalising a 1,000 MW coastal power plant in Maharashtra, may now put up two 1,000 MW plants if conditions prove favourable, according to Mr Adi Engineer, Director, Tata Power Company. "It is Tata ... More

Saertex sets up new facility in Pune
Saertex, a player in the stitch-bonded fabric sector, has set up its Asia's first manufacturing plant at Hinjewadi in Pune. Headquartered in Germany, the company has six manufacturing facilities across the globe and the Indian facility is the ... More

MGL sponsors accident cover
Mahanagar Gas Ltd (MGL) has sponsored a group personal accident cover for over 2.25 lakh drivers operating CNG- driven taxi and auto rickshaws within MGL's area of operation. The cover will be offered by ICICI Lombard General ... More

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