Financial Daily from THE HINDU group of publications
Thursday, May 25, 2006
Markets (May 24)
BSE Sensex10573.15(-249.63)
S&P CNX Nifty3115.55 (-83.80)
US Dollar (Buy/Sell)45.74 (+0.14)

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Monsoon onset window extended to next six days
Widespread rains continued in Kerala for the third successive day on Wednesday but failed to measure up to specified levels to drive the monsoon current eastward into the south-west coast. The National Centre for Medium Range Weather ... More

Q1 Indian retail investment in gold up
Jewellery demand down 38 per cent on price volatility More

Reliance eyes cane processing
Ethanol from proposed units to meet company's captive requirements More

A different process
Ethanol production essentially involves fermentation of the sucrose (sugar) present in cane. Sugarcane crushed by mills has around 12 per cent sucrose, of which 10 per cent is recovered in sugar production, with the remaining 2 per cent going ... More

Provisional anti-dumping duty on silk fabrics from China
Reference price fixed at $2.09-$6.15 per metre More

Market, quotas poop the party
If it was baptism by fire for the gentleman-politician, Dr Manmohan Singh, in May 2004, when as dramatically as unexpectedly he was anointed Prime Minister by the Congress chief, Ms Sonia Gandhi, it was nothing short of a tumultuous second ... More

TN Govt to focus on infrastructure, IT
Governor's address to TN Assembly More

Xinjiang region of China seeks joint ventures in Bengal
Identifies handicrafts, food-processing, garments More

SEZs for telecom gear units likely
Maran to meet operators individually on spectrum concerns More

Cochin Shipyard bags ONGC order
Biggest ship repair order so far More

API manufacturing: India set to overtake Italy
To emerge as second largest in the world More

3 lakh new power connections this year: Kerala Minister
The Kerala State Electricity Board will provide three lakh new connections this year, according to the Electricity Minister, Mr A.K. Balan. He told newspersons here on Wednesday that this would mean clearing the backlog of applications for ... More

Pune may get respite from load shedding

Panel set up to review service tax circulars
The Government has decided to constitute a committee under Mr T.R. Rustagi, Chief Commissioner of Central Excise (retd), to review all the service tax circulars since 1994 and come up with recommendations to weed out the redundant circulars in ... More

A draft that drew ire
The Finance Minister, Mr P. Chidambaram, is known for his measured words. But his recent ticking off of the Central Board of Direct Taxes has raised many an eyebrow. In an apparent bid to calm the jittery stock market, which many enthusiasts ... More

Govt forms sub-group for labour law flexibility in textile sector
To look into increase in work hours, contract hiring More

NTC targets cash profits; confident of wiping out losses
To appoint consultant for modernisation programme More

Fast moving goods again
Rural buying, strong demand and new launches have put the FMCG sector back on the growth path. More

IIM students against quota hike
Students of all six IIMs have extended their support to the protesting medical students in the country. "We are against the proposed increase in reservation in graduate and post-graduate institutes," said Mr Srihari Bharatthi R, ... More

New MBA course finds industry acceptance
26 cos turned up to make 42 offers for 38 students More

Hooghly Investments to open Rs 35-cr e-mall
Being set up by Hooghly Investments Ltd at an investment of Rs 35 crore, Kolkata is all set to house the country's first e-mall. The mall is slated to be opened this year. Addressing a news conference here on Wednesday, Mr S.K. Bajoria, CEO, ... More

Unitech bags major Noida land project
Unitech on Tuesday outbid rival DLF Universal to bag the 340-acre city development contract on Noida Expressway with an offer of Rs 1,583 crore. For the project where 50 per cent land would be used for open area development and ... More

Unitech not planning equity dilution
`Internal accruals sufficient to meet Noida project needs' More

CII team meets Kerala CM
A CII team led by the Chairman, CII Kerala State Council, Mr Navas Meeran, called on the new Chief Minister, Mr V.S. Achuthanandan, on Wednesday. The team discussed a sustainable development model for Kerala through ... More

Handlooms: Lending rates may be cut
The Government is considering reduction in the rate of interest on the credit available to the handloom sector at par with the agricultural sector, the Minister of Textiles, Mr Shankersinh Vaghela, said while chairing the third ... More

Trading house for Tirupur knitwear likely in Antwerp
The proposed offshore warehousing-cum-distribution for knitwear in Europe planned by Tirupur exporters is likely to take the shape of a full-fledged trading house, according to the Tirupur Exporters Association (TEA). TEA and the ... More

Prime Focus plans IPO
Prime Focus Ltd, a post-production and visual effects service house, plans to enter the capital market with an initial public issue of Rs 115 crore, through the book building process. The issue opens on May 25 and closes on May 31. The price ... More

Chitale committee report
The Maharashtra Government on Wednesday approved the Chitale committee report that was appointed after the July 26, 2005, floods in Mumbai. The committee recommended that no Central government organisation could undertake ... More

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Top Stories
Govt forms sub-group for labour law flexibility in textile sector

API manufacturing: India set to overtake Italy

ABN Amro starts retail broking services

On under-subscription and devolvement

Rubber output may go up as rain-guarding rises

SEZs for telecom gear units likely

Shreyas Shipping to expand Pak services

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
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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