Business Daily from THE HINDU group of publications
Sunday, May 06, 2007
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Notice on merger moves may be made mandatory
Keeping Competition panel informed; Bill amendment likely More

Cement cos drop prices in North
In response to the Finance Minister's ad valorem duty proposal, cement manufacturers in the Northern markets have decided to scale down the maximum retail price (MRP) printed on cement bags effective from Sunday. This could translate into lower ... More

Cipla receives 2nd notice for `overcharging'
Co will contest Centre's stand More

MTR Foods declares lockout at its Bangalore factory
Workers' demand for `MNC' salary not acceptable: Maiya More

Investing abroad under the raised cap
Both capital account and current account transactions are allowed under the liberalised remittance scheme, which allows a range of investments abroad by a resident Indian — from buying foreign stocks to acquiring property and trading in stock/c ommodity futures overseas. More

TN, Gujarat top contenders for L&T's boiler plant
The supercritical boiler plant of the L&T-Mitsubishi joint venture is likely to come up either in Tamil Nadu or Gujarat. The sites under consideration in Tamil Nadu are near Coimbatore and Chennai, Mr Y.M. Deosthalee, Director and Chief ... More

Elder Health to promote Tiger Balm aggressively
After managing to keep similar sounding products like "Sleeping Tiger" and "Flying Tiger" at bay, Elder Health Care Ltd (EHCL) is putting its marketing might behind in-licensed product Tiger Balm to capitalise on the brand-name. Convenient ... More

$100,000 limit puts hedge funds within reach of Indian investors
Governments and regulators worldwide are acknowledging the need for hedge funds to impart liquidity and refine the pricing system in stock markets. But guidelines on their marketing will need to be drawn up carefully, so that investors are adequately appraised of the associated risks. More

Index Outlook
Onset of the Indian summer has lulled the markets in to a languorous state. Sensex meandered sideways, going nowhere in particular, for the second successive week. The two holidays were partly responsible for the disinterested trading activity. ... More

Futures, sans uncertainty
Hedging is nothing but transferring the risk you carry to someone else willing to assume it. More

Fixed maturity plans: Don't forget risk element
The rising interest rates in recent months has shifted focus onto a hitherto neglected investment category among mutual funds — fixed maturity plans (FMPs). Floated as close-ended mutual funds, these are investment schemes have maturity ... More

ESOPs still plagued by many unanswered questions
Ever since the Finance Bill, 2007 proposed to bring ESOPs (employee stock options) under the FBT (fringe benefit tax) regime, a lot was said about the harsh tax treatment meted out to an incentive that recognised talent and performance. Yet, ... More


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