Financial Daily from THE HINDU group of publications
Tuesday, December 20, 2005
Markets (December 19 - at 15.30 IST)
BSE Sensex9394.27.04(+109.81)
S&P CNX Nifty2842.60 (+32.45)
US Dollar (Buy/Sell)45.08/45.21 (latest)


News
Features
Stocks
Shipping
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

CLIMATE & WEATHER


Tropical storm shows signs of weakening
TROPICAL storm 07B, the deep depression in the southwest Bay of Bengal, which lay centred about 250 km east of Nagapattinam at 11.30 a.m. on Monday, has already started showing signs of weakening. The central pressure of the system has scaled ... More

SOCIAL SECURITY


Many PSUs may get nod to handle pension funds
A BATTERY of high-power public sector fund managers could take the field in the proposed New Pension System (NPS), with the Pension Fund Regulatory and Development Authority (PFRDA) taking a positive view on all the State-owned entities that have ... More

'Coal mines provident fund struggles to pay 8 pc interest'
WITH the Employees' Provident Fund Organisation (EPFO) unable to find resources to maintain last year's interest rate of 9.5 per cent for its nearly four crore members, the Coal Mines Provident Fund Organisation (CMPFO) is struggling to pay ... More

ECONOMY


Nagaland Plan outlay at Rs 760 cr
THE Annual Plan size of Nagaland for 2006-07 has been pegged at Rs 760 crore, inclusive of one-time special assistance of Rs 50 crore for projects of special priority interest to the State. The Plan size was decided today at a meeting between ... More

ENVIRONMENT


Price of development
Pollution monitoring agencies have come up with strict norms to check the problem. According to the Kerala State Pollution Control Board, there are 423 hazardous waste generating units in the State. The total hazardous waste generated is ... More

FOREIGN TRADE


Trade thru Nathu La Pass may take off by second half of 2006
IT WOULD be meaningless to talk of trade through the Nathu La Pass unless infrastructure on both sides of the India-China border was upgraded adequately, according to Prof. Mahendra P. Lama, Leader of the Nathu La Trade Study Group and Chairman ... More

`Netherlands, TN could tie up for economic benefits'
THE Netherlands will be looking to tie up with Tamil Nadu for economic benefits in the near future, according to Mr Eric Fransiscus Charles Niehe, Ambassador of the Netherlands in India. Addressing the Madras Chamber of Commerce and Industry ... More

Dutch Consul seeks greater co-operation with Indian business
WHILE offering to help in strengthening business relationships between India and the Netherlands in the logistics space, the Consul-General of the Kingdom of the Netherlands, Mr Hans Ramaker, has invited members of the CII, Coimbatore Zone, to ... More

HEALTH


TCS inks pact with Novo Nordisk
TCS has entered into an engagement with Novo Nordisk, a player in the field of diabetic care, for the implementation of an offshore clinical operations service. TCS will provide a suite of data management services, which include designing, ... More

PSU


IPE on ADB institutes network
HYDERABAD: The Institute of Public Enterprises has been elected to the Steering Committee of the Network of Asia Pacific Institutes in Public Administration for a period of three years. The network was set by the Asian Development Bank ... More

POWER


AP to waive surcharge for defaulting power users
The State Government has petitioned the AP Electricity Regulatory Commission to reduce the surcharge from April 1, 2006, when the new tariff structure will come into effect. More

CIGARETTES


Tobacco industry seeks exclusion from VAT
AS the time for review of not imposing value-added tax (VAT) on items currently attracting additional excise duties such as sugar, textiles and tobacco in line with the White Paper on `State-level VAT' of the Empowered Committee of State Finance ... More

RADIO/TV


Panel calls for content regulator, rules for TV programmes, ads
TO formulate a comprehensive Broadcast Code, a committee set up by the Information and Broadcasting (I&B) Ministry is examining a draft that proposes the creation of a Content Regulator and putting in place provisions relating to programming .. More

ESPN-Star Sports eyes Rs 100-cr revenues through Dish TV tie-up
ESPN STAR Sports is hoping to garner over Rs 100 crore after it renewed its contract with ASC Enterprises Ltd for distribution of its channels on its direct-to-home (DTH) platform, Dish TV, for the next two years. In a statement, Mr Sricharan ... More

EDUCATION


NIIT, catalyst in rural schooling transformation
CHILDREN of families below the poverty line, who study in remote residential and day schools, are a transformed lot thanks to computers. After three years of computer training, they now can design Web pages, make slide presentations and ... More

CEC, Inflibnet to spread awareness on networking classrooms
THE Consortium for Educational Communication (CEC) and Inflibnet (Information and Library Network), an autonomous inter-university centre of UGC, have joined hands for spreading the message of networking classrooms in colleges. The two ... More

ICFAI varsity to hold global meet
THE ICFAI University is organising here an international conference on `Business and Finance - 2005', in association with Philadelphia University, USA, on December 22 & 23. Mr M.B.N. Rao, Chairman and Managing Director, Canara Bank, will ... More

MEDICAL INSTITUTIONS & HOSPITALS


Continuing medical education workshop at Hyderabad
HYDERABAD: About 500 doctors from all over the country have attended the annual CME (Continual Medical Education) programme organised by Yashoda Hospital here on Sunday. The daylong workshop covered a variety of medical and surgical ... More

SCIENCE & TECHNOLOGY


DTH-loaded Insat-4A launch on Dec 22
THE stage is getting set for the launch of Insat-4A, ISRO's latest and heaviest satellite, from Kourou in the wee hours of December 22. The 3,080-kg Insat-4A is the first of the fourth-generation Insats and a bulk of it is meant for the ... More

CINEMA


A splendid year for Malayalam film industry
AN assistant director, an effeminate beach boy, a police commissioner and a rustic buffalo trader brought back audience in droves to theatres in 2005 as Malayalam cinema staged a grand show of box office hits throughout the year. Compared with ... More

GENDER


Women's organisation to step up pressure
WOMENPOWERCONNECT (WPC), a group of women organisations and non-governmental organisations formed early this year, has decided to step up lobbying to press for their demands, which include 33 per cent reservation for women. The Group would also ... More

DISINVESTMENT


Govt to divest 8 pc in Maruti — Stake sale limited to banks, FIs
REVIVING the disinvestment process, the Government today invited Expression of Interest (EoI) from domestic public sector financial institutions and public sector banks for picking up 8 per cent stake in the auto major, Maruti Udyog Ltd ... More

SBI Caps wins bid for valuation of Govt stake in Balco
THE Core Group of Secretaries on Disinvestment has decided to award the valuation of the Government-owned 49-per cent stake in Bharat Aluminium Company Ltd (Balco) to SBI Capital Markets Ltd for a fee of Rs 22 lakh. The Government had sold 51 ... More

FOREIGN DIRECT INVESTMENT


India's FDI record no big deal, says Yale Prof
THE foreign direct investment (FDI) scenario in India is abysmal. This is reflected in the untapped potential to woo foreign players due to the Government's refusal to open up certain sectors for investments, said Prof T. N. Srinivasan of ... More

Now, NRIs favour `Investment Regions'
THE next step after special economic zones (SEZ) would be investment regions (IR) that will help attract large amounts of foreign direct investments (FDI) into the country. As the first step towards IR, a group of non-resident Indians, ... More

WTO


`WTO deal favours the rich'; Left plans stir
THE Left parties on Monday said they plan to launch an agitation against the global trade deal struck by WTO member countries at the Hong Kong ministerial meeting. Terming the revised Ministerial text adopted at the meet as being heavily ... More

TRADE & LABOUR UNIONS


Don't press for a wage hike, APK tells workers
THE Association of Planters of Kerala (APK) has sought the cooperation of trade unions in not pressing for minimum wage revision and to come forward to settle the wage issue on a realistic and pragmatic basis. The APK has come out with such a ... More

EVENTS


`Imbibe value engineering in design and construction'
FOR substantial savings to accrue to Indian corporates, it would be imperative to imbibe value engineering in design and construction, as has been done in the manufacturing arena, according to the Indian Value Engineering Society ... More

IIT-Kharagpur to host nanotech meet
THE Indian Institute of Technology, Kharagpur (IIT-KGP), will host an International Conference on MEMS (micro-electro-mechanical systems) Semiconductor Nanotechnology from December 20 to 22. The conference is part of the celebration of the World ... More

EXPORTS & IMPORTS


Poultry body plans floor price for egg export
ALONG with the booming export trade, table egg shippers from Namakkal are also encountering the problem of price undercutting by some unscrupulous elements to win temporary gains in the market. To counter this, the Namakkal-based All-India ... More

Revenue department eases norms for registration of EOUs
THE Department of Revenue has prescribed a simple procedure for registration of export-oriented units (EOUs), electronic hardware technology parks (EHTP) and software technology parks (STP) for clearance of import goods, in a serious bid to bring ... More

Tamiflu, an export opportunity for domestic drug cos
Queries are coming in from South-East Asian and African countries and some developed markets for generic versions of Tamiflu. More

TOURISM


More funds for tourism infrastructure sought
THE Ministry of Tourism has asked the Planning Commission to request each Ministry to set aside a certain portion of its funds for the development of tourism-related infrastructure, the Minister for Tourism, Ms Renuka Chowdhury, has said. "If ... More

ECONOMIC OFFENCES


SEBI bars DSQ Biotech from markets till April 2008
THE Securities and Exchange Board of India (SEBI) has barred DSQ Biotech Ltd from accessing the capital market or dealing in securities till April 9, 2008, after the Securities Appellate Tribunal (SAT) rejected an appeal from the company against ... More

Ruia Group Chairman served with DRI notice
THE Directorate of Revenue Intelligence (DRI) today issued a show-cause notice on Mr P.K. Ruia, Chairman of Ruia Group, for allegedly claiming export benefits to the tune of Rs 125 crore through one of the group companies. The claims were ... More




Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line
Pick a Winner Stock Market Contest

Top Stories
Code of conduct on BPO staff security being drafted


`India witness to heightened M&A activity'

India's FDI record no big deal, says Yale Prof

Poultry body plans floor price for egg export

`WTO deal favours the rich'; Left plans stir

In Focus

Dynamic Tirupur
Trends in IT - 2005
FDI in retail sector
Indian Aviation: Sky is the limit
India Inc's bonus bonanza
India Inc's overseas acquisition
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Dec. 11-Dec. 17
BJP meet may focus on VAT revenue loss compensation and CST phase-out

India-China combine faces tough competition in Syrian oil stake bid

Left parties preparing plan to identify sources to fund NIF — To press for review of Govt sops to industrial units

BJP meet gives in-principle nod for VAT adoption; raises fresh concerns

Fear of `conflict diamonds' entering country — Mines, Industry Ministries differ over 100 pc FDI in diamond mining

Protests against sending French ship to Alang — Allowing the highly hazardous Clemenceau will 'harm workers'

Foreign flag vessels may bring down LNG import costs

On questionable questions

CMIE increases GDP growth forecast to 7.6%

Govt identifies more PSUs for divestment

Employers bullish about hiring: Survey

Passenger car sales down 2.31 pc in Nov

India tops US for 2nd spot in FDI destination rankings

Focus on sustaining higher economic growth

52 MoUs for mining, but none cleared

India keeping off Malaysian crude palm oil?

Indian `Band of Angels' keen to fund start-ups

Lok Sabha passes taxation laws Bill

Manufacturing sectors post `impressive' growth

Aiyar hints at deregulating natural gas prices

SAT orders compensation for DSQ Soft shareholders

IOC, ONGC block deal plan to help save on capital gains tax

8 defunct urea PSUs to be restarted: Paswan

`Himalayan quakes may occur sooner than expected'


Lufthansa

The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line