Financial Daily from THE HINDU group of publications
Thursday, May 11, 2006
Markets (May 10)
BSE Sensex12612.38(+98.52)
S&P CNX Nifty3754.24 (+33.70)
US Dollar (Buy/Sell)44.96 (-0.03)

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Scarce rains hit tea output in Assam, Bengal
Availability of first flush likely to dip More


BoR hikes NRE deposit rates
Bank of Rajasthan Ltd has announced an increase in the interest rates on Non-resident External (NRE) account and foreign currency non-resident (FCNR) account (B) deposits. The rate on NRE term deposits for maturity period of ... More


Sale of Standard Motors' property still not over?
Buyer yet to receive patta from Revenue Department More


Manufacturing posts robust growth: CII
The country's manufacturing industry has reported impressive growth last fiscal, according to a survey carried out by Associations Council of the Confederation of Indian Industry (ASCON). Of the 143 sectors reporting production, 36 sectors ... More

Kerala's top five industries show significant growth
Chemical, tourism, rubber, food and coir sectors do well More


Asia-Pacific partners finalise draft action plan
India to co-chair steel, coal mining task force More


`Urea not allowed in organic farming'
Indocert: Genetic engineering barred More


Call to boost economic ties between India, Korea
The second round of negotiations for the Comprehensive Economic Partnership Agreement between India and Korea are being held in Korea from today, according to Mr Choi Jung Il, Korean Ambassador in India. "We expect and hope that the ... More


Gilead's AIDS drug patent faces patient networks' opposition
The fear is inexpensive versions will get blocked if patent is given More


`Clarifications on SEZ rules soon'
The Government would come up with certain clarifications on the rules governing special economic zones in the next few days, said the Commerce and Industry Minister, Mr Kamal Nath. "All issues on the SEZ rules have been ... More


ONGC to award CBM project to MEC consortium
The board of directors of ONGC has allowed the company to award a Rs 950-crore integrated contract for exploration and development of coal bed methane (CBM) in six blocks in Jharkhand and West Bengal to a consortium of Mineral Exploration ... More

MRPL to export petro products to Mauritius
Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC, will be exporting petroleum products to Mauritius. In a statement issued here, ONGC said the State Trading Corporation of Mauritius had finalised import of its entire ... More

Oil companies to expand gasohol supply across TN
Also exploring opportunities for supply to Kerala More

Hardening oil prices pose risk: Rakesh
The hardening of oil prices continues to pose a risk, according to Dr Rakesh Mohan, Deputy Governor, RBI. "Oil prices are among the risks that we had clearly mentioned and have transpired so far. There has been a degree of ... More


Ghatghar Hydroelectric Project may be completed on May 27
This is the country's first project using roller compacted concrete More


HSBC to grow SME exposure by 30 pc
Survey shows Indian cos most optimistic among peers worldwide More


`Private participation must for water resources development projects'
Implementation of water resources development projects on fast track to cope with the ever-growing demand of water and power has become need of the day. And to achieve this in a time-bound manner, more budgetary allocation and participation of ... More


Nod for coal expansion projects
The Cabinet Committee on Economic Affairs has approved the expansion of Krishnashila Opencast project and Amlohri Opencast project of Northern Coalfields Ltd. While Krishnashila Opencast project is located in the Sonebhadra ... More


The reach of brands
In a new study, Hansa Research has defined a corporate's franchise in terms of consumer reach for its brands. More


Prasar Bharati aiming at Rs 1,500-cr revenue
Prasar Bharati, which earned Rs 1,250 crore in 2005-2006, is aiming at revenues of Rs 1,500 crore during the current fiscal, according to Mr K.S Sarma, CEO. He was speaking to newspersons at the local AIR station on Tuesday after the ... More

CCEA nod for DD, AIR services
The Cabinet Committee on Economic Affairs (CCEA) has approved a proposal for implementation of Phase-II of special package for improvement of All India Radio (AIR) and Doordarshan services in North East region (including Sikkim) ... More


Veta plans to increase coaching centres
The number of people wanting to learn English are doubling year on year, says Mr K.V. Rajan, Executive Director, Amoha Education (P) Ltd (the company that owns the Veta brand- the academy for spoken English). The demand for fluent English ... More

`Karnataka should strengthen educational infrastructure'
Institutions should give primacy to merit, says Infosys chief More


Duty cut on small cars boosts sales
8 pc duty cut on small cars spurs growth More


In from the cold?
Whirlpool, which is coming out of a lacklustre phase, is upbeat about its prospects for the future. More


Regional navigation satellite system
The Union Cabinet on Tuesday gave its approval to undertake the development and deployment of an Indian Regional Navigation Satellite System (IRNSS) at a cost of Rs 1,420 crore, with a foreign exchange component of Rs 1,100 ... More

Award for SEC Industries
The Hyderabad-based SEC Industries Ltd has been selected for the annual Technology Day awards for 2006 given by the Union Ministry of Science and Technology. The award recognises the company's ability to indigenously develop and ... More

CCMB scientists develop knockout mouse strain
To help create human disease models and in drug discovery More


Nod for capital infusion in Teletech
The Cabinet Committee on Economic Affairs has approved additional infusion of equity capital up to Rs 1,500 crore into Teletech Investments (India) Ltd by Essal Metal Holdings Ltd, Essar Logistics Holdings Ltd and Essar Power ... More


Plea to take action against insurance co
The General Insurance Officers All India Association has asked the authorities to take action against a private insurance company for not implementing the Kerala Government sponsored health insurance scheme for the poor. Even before the ... More


`Govt yet to decide on special economic regions'
The Government is still undecided on whether to go in for legislation or adopt a policy resolution for the proposed special economic regions (SERs) in the country, according to Dr Ajay Dua, Secretary, Department of Industrial Policy and Promotion ... More


For fewer sloppy Opals
Publishers voice their opinion on how fiascos such as Opal Mehta can be headed off. More
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Top Stories
Duty cut on small cars boosts sales

Yamaha mulls new plant in South India

Quibbling over QIBs

Chip demand gaining critical mass: AMD

Scarce rains hit tea output in Assam, Bengal

Manufacturing posts robust growth: CII

DSP in talks with Railways for developing high-grade wheels

PSU insurers' market share drops to 73%

In Focus

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

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk

Looking back
Apr. 30-May. 6
ICICI Bank subsidiaries post higher profit

Indian Bank, IOB to decide on rate revision soon

IT boom in Chennai

New import norms for GM soyaoil may be deferred

Centre in talks with 5 countries for gas supply to Dabhol project

Medical device makers get a breather

Indiabulls Fin de-merges real estate division

GAIL to set up LPG plants in Uzbekistan

Paradip Port's oil jetty finds takers now

Commerce Ministry recommends imposition of definitive anti-dumping duty

`FCI can take delivery of Australian wheat'

`Consultant for AI-IA merger soon'

IA plans Rs 300 fuel surcharge soon

Toilets or TV sets — A tale of distorted priorities

Maagrita begins to export mangoes from AEZ

Mahajan's death: An undeniable loss for BJP

Export infrastructure yet to take off

Lack of adequate rain worries coffee growers

`India less vulnerable to global imbalances'

RNRL defends gas supply pact with RIL

Ministry for one-third independent directors on PSU oil company boards

Godrej joins other FMCG majors in shopping for cos abroad

Tyre companies seek suspension of rubber exports

New avenue opens up for importing raw sugar

Deficit reduction on track: S&P

Ministry yet to decide on gas sales between Reliance cos

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