Financial Daily from THE HINDU group of publications
Tuesday, May 23, 2006
Markets (May 22)
BSE Sensex10481.77(-456.84)
S&P CNX Nifty3081.35)(-165.55)
US Dollar (Buy/Sell)45.60 (+0.01)


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INDUSTRY & ECONOMY

POLLUTION


Awareness drive
A CULTURAL TROUPE presents an anti-pollution campaign on Necklace Road in Hyderabad on Monday . As the air pollution rises, efforts to contain it have been largely unsuccessful. ... More

CLIMATE & WEATHER


Arabian Sea arm of monsoon in crucial phase
More

NRIS


When NRIs waited to buy...
`There was not much panic this time around' More

OUTSOURCING


Sinar Jernih bullish on India, eyes facility management services
If outsourcing is the new mantra encompassing more sectors, the domestic hospitality, healthcare segments and even airlines support services have been bitten by this outsourcing bug. Sinar Jernih Sdn Berhad, a Malaysian company specialising in ... More

ECONOMY


Economy doing reasonably well, says Manmohan
The Prime Minister on Monday said that the economy has been doing "reasonably well" over the past two years. He said that in order to "sustain an increased growth rate and find the resources to support the poor, we have to manage finances with ... More

INFRASTRUCTURE


Madhucon signs pact with NHAI for TN project
Madhucon Project Ltd (MPL) has signed a concession agreement with the National Highway Authority of India (NHAI) for a road project in Tamil Nadu — one of the three contracts it has been awarded in the State. The national highway BOT ... More

PSU


STC rules out change in wheat tender
Chairman says revision in norms can't be made retrospective More

Industry seeks revival of Hind Copper
To help rein in copper price More

PETROLEUM


Decision on petro price by month-end: Deora
Meeting with Chidambaram, Left parties soon More

Ministerial panel recommendations on GAIL tariffs accepted
For pipeline transportation tariff; marketing margin on gas sales More

`More foreign cos eyeing oil, gas sector'
Fifth round of NELP leads to clarity in policy More

Reliance, oil cos divided over discount issue
Can't extend volume discounts to current fiscal: RIL More

PHARMACEUTICALS


DCGI bans use of vulture-killing drug
To prevent extinction of Asian vulture More

SSI


EMC opens 2 offices
EMC Corporation has opened offices in Kolkata and Chennai to tap the mid-tier market for storage. According to a study by Access Market International (AMI), there are nearly 7.6 million small and medium sized businesses (SMBs) in India. Of ... More

BREWERIES


Liquor cos seek ban on arrack sale
Say it will minimise revenue leakage More

EDUCATION


IIFT-Kolkata to offer MBA programme
The Kolkata branch of Indian Institute of Foreign Trade (IIFT) would begin offering programmes this July. To begin with, it would offer its two-year MBA (International Business) and, later in the year, the part-time programme at rented ... More

IPE's B-school grads get 100 per cent placement
The Batch of 2006 of the Management programme at the Institute of Public Enterprises (IPE), has got 100 per cent placement, with offers from top corporates such as Microsoft, TCS, Satyam and GMR Group The average salary offered to the student ... More

Exam results on Idea
Idea Cellular Ltd is offering CBSE and VHSE results in SMS and voice service to all post-paid and pre-paid subscribers. For CBSE results, dial 4560275 and register exam seat number. Calls will be charged at Rs 2.40 a minute. For ... More

GOLD & SILVER


Base metals down, precious metals tumble
Weak trend in global markets drags down bullion prices More

MINERALS


AP CM allays fears on bauxite mining
`Tribals won't be affected,' says Rajasekhara Reddy More

FOREIGN DIRECT INVESTMENT


`FDIs from Singapore likely to get boost'
The investment friendly policies of the newly elected Government in Tamil Nadu would boost foreign direct investment from Singapore to Tamil Nadu, according to Mr M. Rajaram, Chairman, Singapore Indian Chamber of Commerce and Industry (SICCI). ... More

SOCIAL WELFARE


Legislation for quota in pvt sector?
The Government would be forced to bring in legislation for reservation in private sector, if the sector does not provide reservation for weaker sections of the society on a voluntary basis, the Minister for Social Justice and ... More

RURAL DEVELOPMENT


IOB initiative frees villagers from moneylenders
Bank creates awareness through sensitisation camps More

EVENTS


More people should focus on innovation: Pitroda
Innovation requires an ability to see things differently and the country needs more people focussed on innovation and entrepreneurship, according to Mr Sam Pitroda, Chairman, National Knowledge Commission. He was speaking over ... More

BEARINGS, CASTINGS & FORGINGS


Tiruchi Fabrication units scout for workers
Severe shortage of skilled manpower is glaring at the 300 and odd engineering fabrication units functioning at Tiruchi. According to the President, BHEL Small Scale Industries Association (BHELSSIA) Mr Rajappa Rajkumar, with ... More




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Top Stories
Decision on petro price by month-end: Deora


Stock markets will remain under pressure: Marc Faber

When the market almost fell off the margin

Stock slide unlikely to dent PSBs

`Defensive plays' suffer

LIC comes to the rescue?

STC rules out change in wheat tender

Rlys to seek CCEA nod for freight corridor SPV

Economy doing reasonably well, says Manmohan

RIL hikes diesel prices by Rs 2/litre

No payment or liquidity problem, says Finance Ministry

In Focus

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

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
May. 14-May. 20
India, Myanmar to expand trade ties

Hard bargain with pvt equity firms

ITC e-Choupal wins Stockholm Challenge Award

`Adjusted for inflation, oil not at all-time high'

Zuari sells cement biz for Rs 600 cr

`No effective way to curb cement prices'

Posco project gets rail transportation clearance

Wind power industry unhappy with TNERC tariff order

VAT-implementing States' tax revenues up 13.8 pc

New draft of unorganised sector workers' Bill presented to PM

Short-term loans: Oil cos can't count on OIDB

Reservations: Let down by weak data

Now, Pakistan buying Indian chana

Tax breaks for donations to political parties may be removed

Petroleum, gas regulatory board to be in place soon

Transportation costs up 10-12 pc: IFTRT

LIC, UTI Bank launch annuity card

Orra sells gold at fixed price

CCEA okays Rs 141 cr support for 15 PSUs



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