The Hindu Business Line : Tuesday, May 02, 2006

Dabhol plant restarts operations
The Maharashtra State Electricity Distribution Company Ltd has received 30 MW power from the Dabhol power plant on Monday, a company official confirmed. "We received 20 MW initially at 5.20 p.m. and the balance later." This is against the ... More

DLF, Unitech, ICT in race for Noida mega land auction
Financial bids to be opened after technical scrutiny More

Insurers issued show-cause on service tax
Some insurers, including LIC, have decided to challenge the show-cause notice issued to them by the Directorate of Service Tax. More

Carbon credit prices crash in Europe
Emission reports from the Netherlands, Czech Republic, France and Walloon region of Belgium stated that their emissions in 2005 were at lower levels than what they were allowed to emit More

IOC-OIL combine earmarks $3 b for acquiring oil equity
On the lookout for productive assets in Africa More

HDFC hikes home loan rates
Housing Development Finance Corporation would hike its home loan rates across the board by half a per centage point, effective May 2, 2006. Its minimum fixed home loan interest rate is now 10.5 per cent, and its minimum ... More

Jute Corpn likely to show robust growth
Revival package may help it report debt-free balance sheet for fiscal 2005-06 More

Pesticide content: CFTRI clears Australian wheat
13,000 tonnes discharged; second ship set to arrive at Tuticorin today More

Cipla opposes patent application on bird-flu drug
Tamiflu brand is sold globally by Roche More

Cathay Pacific bullish on prospects in India
Mulls launching more cargo flights; to operate a twice-a-week freighter More

EU is new growth driver for textile exports
Spain, France, Germany among thrust markets More

Infosys picks 15 out of every 1,000 job seekers
14.2 lakh apply, 1.63 lakh tested, 48,700 interviewed More

PSI Data eyes niche space in 3 verticals
Bouncing back from the red, PSI Data Systems Ltd, the infotech services arm of the AV Birla Group, is poised for a new phase of growth. Mr Sampath Iyengar, CEO, PSI Data Systems, said the company expects to grow in line with industry estimates ... More