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Thailand removes India's misgivings — Coast is clear for free trade pact
THE Indo-Thailand free trade agreement will go ahead as scheduled after all. If the Prime Minister, Dr Manmohan Singh, seemed on Thursday to harbour deep misgivings about the arrangement, his morning meeting here with the Thai Prime Minister, Mr ...
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US slaps 14.2 pc duty on shrimp from India
THE US Department of Commerce announced its preliminary determination in the anti-dumping investigation and imposed 14.2 per cent duty on shrimp imports from India. At a press meet here on Friday, Mr G. Mohan Kumar, Chairman of the Marine ...
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Ranbaxy net down 6 pc
DECLINING sales of antibiotic Cefuroxime Axetil in the US has taken a toll on Ranbaxy Laboratories Ltd. It has resulted in its net profit falling by six per cent during the second quarter of the current financial year to touch Rs 184.95 crore ...
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IA goes for lower fares on 8 sectors
IN keeping with the competition and in its attempt to woo passengers, Indian Airlines (IA) has introduced a limited-time lower fare offer on eight sectors such as Delhi-Hyderabad, Delhi-Chennai, Delhi-Bangalore and Chennai-Kolkata, among ...
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M.P. Birla sisters join fight against Lodha
IT now seems to be tough sailing for Mr Rajendra S. Lodha to get a probate of the will of Priyamvada Birla, as the two sisters of the late M.P. Birla — Ms Radha Mohta and Ms Laxmibai Newar — plan to file two different ...
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Monsoon situation turns from bad to worse
THE monsoon situation seems to be drifting from bad to worse. For all the talk of a `revival' having taken place over the past few days, the latest information from the India Meteorological Department (IMD) reveals that the country as a whole has ...
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ITC posts 16 pc rise in Q1 profit at Rs 462 cr
FOR the first quarter ended June 30, 2004, ITC Ltd has recorded a 16.3 per cent growth in its post tax profit at Rs 461.99 crore against the Rs 397.22 crore achieved during the quarter of last financial year. Net turnover at Rs 1,775 crore (Rs ...
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TCS issue gets oversubscribed by 1.43 times on second day
TATA Consultancy Service's initial public offering was sold out on the second day of the issue, according to data from the stock exchanges. The issue received bids for 7.96 crore shares as of 5 p.m. on Friday, implying a subscription rate of 1.43 ...
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Kerry promises sops to keep jobs in US
ACCEPTING the Democratic Party nomination to be the Presidential candidate in the November 2 elections, Senator John Kerry made it known that his administration will spare no effort in keeping jobs at home and that American workers would never ...
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Rs 50 lakh missing from RBI currency consignment
A SUM of Rs 50 lakh is believed to have gone missing from a currency consignment received at the Reserve Bank of India's regional office in Thiruvananthapuram from the Mysore unit of the Bharatiya Reserve Bank Note Mudra Ltd. An RBI ...
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