The Hindu Business Line : Friday, January 06, 2006

Railways opens up container operations — Concor monopoly ends; Pipavav Rly Corpn, Kutch Rail may benefit
THE Indian Railways today opened up its containerised operations to other private and public sector players breaking the monopoly enjoyed by Container Corporation of India. Interested companies can take route-specific or all-India permission ... More

BSNL to introduce latest hi-speed broadband tech — Floats global tender for GPON
YOU will soon get broadband connection with speeds greater than one gigabit per second with Bharat Sanchar Nigam Ltd floating a global tender for supply of the latest in broadband technology — Gigabit-capable Passive Optical Network (GPON). ... More

Maruti divestment floor price set at Rs 620
THE empowered Group of Ministers (e-GoM) on Thursday fixed a floor price of Rs 620 per share for the disinvestment of an 8 per cent stake in Maruti Udyog Ltd, a move that is expected to garner more than Rs 1,400 crore. The cut-off date for ... More

Tulip IT Services debut marred by trade error
TULIP IT Services, listed on Thursday, grabbed attention as some of its shares on the BSE were traded at a mere 25 paise. The stock made its debut at 50 per cent premium to the issue price of Rs 120. Market players said these trades could have ... More

CCEA meets today to decide on NMDC, NLC divestment
DESPITE opposition from Left parties, the Cabinet Committee on Economic Affairs (CCEA) will meet on Friday to move forward with the proposed sale of Government shares in Neyveli Lignite Corporation (NLC) and National Mineral Development ... More

ONGC Videsh pushes for raise in investment limit
ONGC Videsh Ltd (OVL), the overseas arm of Oil and Natural Gas Corporation (ONGC), has yet again stepped up its demand for an increase in its investment limit, which is set at $75 million or Rs 300 crore, whichever is less. Sources said the ... More

PC sales rises 36.2% in H1 — MAIT ups projections
The unbranded PC segment shrunk to 34 per cent in H1 from 44 per cent last year. More

Outlook for India remains positive: Fidelity
Equity-linked savings scheme launched
GLOBAL fund house Fidelity is optimistic about the Indian equity markets, saying that its long-term outlook for India remains positive. "The Indian equity story certainly calls for attention on its own merits and does not, in my view, need a ... More

Cellular base swells by 3.2 m in Dec
CELLULAR base grew by an unprecedented 3.2 million in December 2005, taking the total to 58.5 million subscribers, compared to 37.3 million users in December 2004. This is the highest monthly addition that GSM-based operators have reported ever ... More

Bright prospects seen for commodity futures
WITH the accelerating pace of industrialisation and sustained population growth, the prospects for the commodity futures market in 2006 seem bright. "Many former developing nations are industrialising and joining the world economy, creating a ... More

BPCL to give dhabas run for the money — To expand one-stop shop for truckers
THE NEXT time a truck driver commences his long and tedious journey from one end of the country to another, using the 65,569-km-long national highway network, he will not have to put up with the dhabas (roadside eateries) and their ... More

Ground frost warned as chilly weather prevails in North
The prevailing cold wave to severe cold wave conditions are likely to continue and extend to more parts of the North India including the Indo-Gangetic plains during the next three days. More