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It may now pay to spread units — Excise, fiscal sops likely for `disaggregation' of production
THE 2004-05 Union Budget is likely to announce excise and other fiscal sops for companies to `disaggregate' production with a view to spreading their manufacturing activity across multiple locations. This is as against the present model where ...
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Telecom tops IT in employment growth
EVER wondered as to which sector is attracting the cream of India's business professionals. It's telecommunications. According to estimates of the World Bank, employment in the telecommunications sector has grown by 33 per cent since 1994, the ...
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Financial planners moot no-load mutual funds
FINANCIAL planners are mooting no-load mutual funds to enable investors to choose between funds that have entry or exit loads and those that charge only a small management fee. Currently, no-load options are available only on institutional plans ...
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The May 17 hangover: Stocks seek lower levels in June
WHAT do the stocks of State Bank of Travancore, Asahi India, Amforge Industries and Gammon India have in common? They are all trading at levels lower than the intra-day lows they reached on May 17, 2004, when the Sensex fell by 564 points. Though ...
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Financial grants to strong IIMs may go
THE Union Human Resource Development Ministry is considering the discontinuation of financial grants to the three financially stronger IIMs. According to highly placed sources in the ministry and in the institutes concerned, IIM-Ahmedabad, ...
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IIMA maintains status quo on fee; to provide need-based scholarship
THE Indian Institute of Management, Ahmedabad (IIMA) has reiterated what the other IIMs have done in the recent days by announcing a status quo on its annual fee of Rs 1,58,350. The IIMA has also decided to maintain status quo in another area ...
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Montek to take charge in Plan panel on July 1 — Says aim is to translate CMP into operational programmes
THE Planning Commission Deputy Chairman-designate, Dr Montek Singh Ahulwalia, today said that he would formally take charge of office on July 1 after which only he would be able to reveal his priorities and plan of action to implement the ...
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Truck, bus tyre production down at 8.8 lakh units in April
AFTER staging a comeback in March 2004, truck and bus tyre production slipped in April to 8.8 lakh units against 9.43 lakh units in the previous month. The production performance in April this year was however much higher than the production ...
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