INDUSTRY & ECONOMY
ACCOUNTING STANDARDS
ICAI mulls full convergence
Sets up task force to examine issues
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INVESTMENTS
Money Talk
A veteran of the software industry, Mr Lakshmi Narayanan, CEO, Cognizant Technology Solutions, is a successful and savvy investor too. He offers insights on his investing experience and style. When did you start ...
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SOCIAL SECURITY
Latte factor
The other day, I met a person who is well on course to achieving financial freedom. It is amazing that he can retire rich, considering that 90 per cent of the Canadians fail to do so. He attributes his financial ...
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HEALTH
Godrej drive on anti-dengue, chikungunya
Godrej Sara Lee Ltd will distribute its mosquito repellant products for free and at a discount to low-income groups in areas affected by dengue and chikungunya. "We are going to make free donations of our product through NGOs (non-government ...
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HAL launches Vayu Vahan for medical evacuation
Hindustan Aeronautics Ltd (HAL) launched a specially designed Chetak helicopter for emergency medical evacuation and air charter services here on Saturday. At a simple function, the HAL Chairman, Mr Ashok K. Baweja, formally inaugurated the ...
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INFRASTRUCTURE
Rail Vikas to pick up stake in SPV
Rail Vikas Nigam Ltd and Krishnapatnam Port Company will pick up 30 per cent (Rs 81 crore) equity each in the special purpose vehicle (SPV) formed to take up the Rs 588-crore railway line from Obulavaripalle to the port. While ...
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SSI
Bank of Baroda SME loan factory
The Bank of Baroda launched its first SME loan factory in Pune on October 13. This business delivery model includes a centralised processing hub, which will ensure speedy appraisal and decision making, said a press release from ...
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COAL
NTPC to produce 50-mt coal by 2017
National Thermal Power Corporation Ltd (NTPC) plans to produce around 50 million tonnes of coal by the year 2017 to meet close to 25 per cent of its total coal requirement from its captive mines. NTPC, which has been allotted eight mining ...
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RADIO/TV
MTNL, IOL Broadband to offer IPTV
Mahanagar Telephone Nigam Ltd will provide IPTV (Internet Protocol TV) service in Mumbai, in a tie-up with IOL Broadband Ltd. The service would be made available to all MTNL broadband subscribers from October 21, said Mr R.S.P Sinha, ...
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CARS
A run-in on cars to hit Indian roads soon
In the next six months or so, a slew of cars are to be launched. The more significant ones being the Suzuki MR Wagon, Fiat Grande Punto, Skoda Fabia, Renault Logan and the New Honda CR-V. Here's a preview of them.
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MINERALS
`Curbs on iron ore exports ill-advised'
Mining industry: Global spot market will be lost
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NEWSPAPERS & PUBLISHING
Young Investors: Get a bang for your buck
We begin a new page, Young Investor, as part of the Investment World section, starting today. It is targeted at youngsters as well as those young-at-heart, but-late-to-start. The page will be a guidepost to beginners in the arena of investing. ...
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ECONOMICS
`I'm questioning several tenets of economics'
Micro credit not moving in India: Prof Yunus
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FOREIGN DIRECT INVESTMENT
Sasol ready to invest $6 billion
Pre-condition is coal block with at least 1-billion tonne reserves
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SOCIAL WELFARE
Grameen Bank, Yunus knock down women's despair
Mahatma Gandhi was not given the Nobel Peace Prize. That is understandable as Gandhi was an inconvenient human being. Thanks be to the team in Oslo, that my favourite banker, Muhammad Yunus and his Grameen Bank were given the Nobel Peace Prize. ...
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EVENTS
Gold coins sale for Pushya Nakshatra
ICICI Bank's branches will sell gold coins on the eve of Pushya Nakshatra in certain regions of the country such as Madhya Pradesh, Chhattisgarh, Gujarat, Mumbai and some parts of the eastern India. The branches will remain open ...
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INCOME TAX
A gift all the way
I want to gift some shares to my wife. I propose to transfer the same to her D-Mat account. I propose to transfer shares, which cost me Rs 5,000 and have a current market price of Rs 7,500. I bought these shares two years ago. If my wife ...
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EXPORTS & IMPORTS
Pact with EU could go beyond FTA
Non-tariff barriers, export of services and movement of professionals in spotlight
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Textile exports to US rise as China slips
If 2005 was arguably China's year in the world textile exports, the first half of this year has seen India improve on its share in the key US market at the cost of slippages in Chinese exports into the country. India's share in US' textile ...
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ALTERNATIVE MEDICINES
Make yoga mandatory in schools: Ramadoss
Promises loans for makers of medicinal plants, products
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