Financial Daily from THE HINDU group of publications
Wednesday, March 23, 2005

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Lok Sabha passes Patents Bill with Left support
Fears over drug price rise unfounded: Kamal Nath

WITH the Left parties deciding to support the Government, the Patents (Amendment) Bill 2005 had a smooth passage in the Lok Sabha on Tuesday. The Bill was approved through voice vote, after the principal Opposition, the National Democratic ... More

`Left backing due to political exigencies'
THE Left parties, who were opposed to the Patent (Amendment) Bill 2005 till Monday, decided to allow passage of the Bill at a meeting in the Parliament House on Tuesday morning taking into account political exigencies. CPI leader and Member of ... More

Market sees the blues; Sensex sheds 121 points
MARKING the end of months of exuberance stock markets tumbled on Tuesday, driving home the point that markets do not move only one way. Though the bourses have been tepid and sluggish over the last few sessions, the loss of so much ground ... More

VSNL told to stop selling international calling cards
THE Telecom Regulatory Authority of India has asked Videsh Sanchar Nigam Ltd to stop selling pre-paid international long distance calling cards in the country. The order was passed on grounds that the calling card violated licence conditions, ... More

Dabur evaluates private label business for toothpastes
BARELY two months after acquiring Balsara's oral care brands, Dabur India Ltd is scouting for opportunities in the private label business for toothpastes. Private label business will allow Dabur India (DIL) to manufacture toothpastes for ... More

Restructuring to be over in 6 months: Mallya
THE clincher was the strategy of the open offer. It eliminated other competition for Shah Wallace. And then the SEBI timings in terms of compliance with open offer requirements helped in putting a sense of urgency, which ultimately got it done," ... More

IIM-A now a good hunting ground for lateral placements too
WITH the Indian Institute of Management, Ahmedabad (IIM-A) emerging as a prime hunting ground for not just entry-level managers but also middle-level talent through "lateral placements," the institute is confident that its new programme for ... More

NBFCs could opt out of public deposits
THE Reserve Bank of India plans to work out a roadmap for helping non-banking finance companies to increase their asset base. The central bank had convened a meeting of NBFC representatives recentlyto elicit their views. The RBI Governor, ... More

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