The Hindu Business Line : Tuesday, August 10, 2010

Collision shuts traffic at JNPT, Mumbai ports
Movement only after containers are removed from channel. Mumbai and JNPT port terminals are likely to be shut for traffic for at least a week, as containers fell off a ship after it collided with another vessel on Saturday, blocking the ports' ...

Coast Guard leads oil spill control effort
Over 400 tonnes of oil have spilt into the Arabian Sea, following Saturday's accident involving two merchant vessels off the Mumbai's coast, creating an oil slick that has now spread over ...

Cargo containers tumble i... TODAY'S PICK (Latest Audio: English/Tamil)
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Finance Ministry dilutes 25% minimum public float norm for PSUs
PSUs to maintain minimum 10% public holding in 3 years. The Finance Ministry on Monday diluted the ‘minimum public shareholding' guidelines to mainly provide comfort for listed public ...

FIIs bet on debt; Jan-Aug inflows 8 times calendar 2009's $1 b
Foreign institutional investors have turned gung-ho about investing in both debt and equity ...

SEBI asks MFs to spell out expense structure, offer exit options
The Securities and Exchange Board of India has said that fund houses offering fund of funds schemes need to clearly spell out the expense structure that they would be adopting post- ...

Media playing up ‘hunt for successor': Ratan Tata
Even as the search for a successor to Mr Ratan Tata hogged the limelight the whole of last week, the man in the hot seat played down the ...

IT vendors' BPO business slows down
BPO is far more exposed to the US, Western Europe: Nasscom. The back-office units of top Indian IT companies seem to be growing slower than their principal business of rendering software support ...

Of free milk and treadmills
In Britain an interesting public debate is on about cutting corners to save the public exchequer every penny, the argument being that a serious effort to tighten the belt is required in these ...

CMD Hamied's nephew to be formally inducted into Cipla
ANOTHER NEXT-GEN RISING. Drug-maker Cipla has taken its first step towards formally inducting the younger generation of the promoter-family into ...

Sensex rallies despite RIL's lacklustre show
Infosys, banking majors help benchmark in gains. Sensex's dependence on Reliance Industries Ltd (RIL) has been on the wane over the last ...

Top 5 MFs account for 68% of total complaints
The top five mutual fund houses (in terms of assets under management) account for 68.6 per cent of the total complaints received against fund houses, data available on the Association of Mutual Funds in India (AMFI) Web ...

Building a ‘brain', the AGT way
SECURITY TOOLS. As terror and crime continue to stalk nations and the corporate world, security solution providers are looking to programme, transfer and twine the human element of intuition, and gadgetry, onto analytical platforms to keep ...

Will Fed backtrack on ‘Quantitative easing'?
It won't be easy going for the Federal Open Market Committee (FOMC) at its current monetary ...

India terms US visa fee-hike plan ‘overwhelmingly protectionist'
The US Border Security Bill that aims to increase H-1B and L-1 visa fees reflects an “overwhelmingly protectionist frame of mind” and will raise “very serious questions” as it targets a particular set of companies, ...