Financial Daily from THE HINDU group of publications
Monday, March 13, 2006
Markets (March 10)
BSE Sensex10765.16(+191.62)
S&P CNX Nifty3183.90 (+54.80)
US Dollar (Buy/Sell)44.51 (+0.01)


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INDUSTRY & ECONOMY

EMPLOYMENT


`The Hindu Opportunities Fair' on March 25, 26
Fresh graduates, postgraduates and professionals with two to 10 years of work experience can apply. More

NRIS


TMB hikes NRE, FCNR rates
Tamilnad Mercantile Bank (TMB) has hiked the interest rates on NRE (Non-Resident External) term deposits by 20 basis points to 5.90 per cent from 5.70 per cent. The rate hike has been uniform for all the maturity periods ... More

AWARDS & HONOURS


National mineral award
Dr Shyam Sunder Rai of the National Geophysical Research Institute has been awarded the national mineral award for 2004. The award was given for his outstanding work in the field of Applied Geophysics. Dr Rai's work has ... More

COURTS/LEGAL ISSUES


Marlabs forays into LPO
The US-based service provider Marlabs Inc announced its foray into Legal Process Outsourcing (LPO) business with a $4-5 million dedicated centre in the city. The centre currently has 100 professionals and will add 500 employees ... More

ECONOMY


Govt to attract investors to tier-II cities: Karnataka CM
`Focus on development of infrastructure of international standards' More

`India can become a manufacturing hub'
`Major industries keen on setting up units in the country' More

FOREIGN TRADE


Expectations on Foreign Trade Policy run high as PM takes active interest
Focus likely on sustaining growth in merchandise exports, job creation More

Finland, India to sign air services pact
Kone Elevator factory, training centre inaugurated More

HEALTH


BILL OF HEALTH
Brain is a great oxygen-guzzler
Toxin is a poisonous substance, generally of plant or animal origin. Known for long, toxins were used for tipping arrows. "Toxic elements are not just found in our food, environment and water, they exist in the form of highly dangerous emotions ... More

`Educate people to remove HIV stigma'
DR Adam Jenney, a well known HIV consultant and campaigner against infectious diseases, has said that the best way to tackle HIV/AIDS is to educate individuals and medical professionals. "It is education, education and education that will help ... More

PSU


MSTC to build warehouses along eastern ports
Identifies Haldia to start with More

PETROLEUM


Short-term outlook bearish for crude
Crude oil futures turned weak in line with our earlier outlook. The short-term outlook remains bearish and a drop to the support zone at $57-58 a barrel mark appears on the cards. A close below $57 would impart further weakness and could push the ... More

PM calls meeting on Rangarajan panel report
Oil industry, pricing issues to be discussed More

POWER


`Frame national policy on renewable energy soon'
To attract private investments and also from abroad More

AP seeks Central aid of Rs 2,600 cr
Streamlining power distribution system More

Pitroda for Indo-US nuclear deal
The recent Indo-US accord will be of great help to the country, even though there is resistance to it both in India and the US , "but we need energy", according to Mr Sam Pitroda, Chairman of the National Knowledge Commission and the Chairman of ... More

STEEL


Auto sector - revenue driver: Adhunik
Adhunik Metaliks Ltd has identified the automobile and auto components sector as a major driver of revenue growth for the company in the months ahead. The company, which is setting up an integrated steel plant with forward and backward ... More

SSI


SMEs to benefit from Budget proposals: CII
The proposal to treat SMEs in services at par with those in manufacturing will help the sector, said Mr Deep Kapuria, Chairman of CII National Council for SME ... More

CII launches SME `cluster' in Madurai
Envisages voluntary working as a group More

TYRES


Dunlop's Chennai unit to reopen in Apr
The Dunlop factory in Ambattur, the industrial suburb to the west of Chennai, is expected to reopen in April and commence production three months later, according to sources in the know. Mr A. Krishnaswamy, President, Dunlop Factory Employees ... More

EDUCATION


Big idea? Big deal!
Ideas alone don't matter. It's the ability to sell them that counts. More

Cool cats get earful from recruiters
Companies have not taken too kindly to details about job offers spilling out. More

HCV/LCV/TRACTORS


Man Force Trucks plant to be inaugurated on April 30
Production likely to start immediately More

REAL ESTATE & CONSTRUCTION


Import duty on steel scrap impacts housing sector
Sponge, pig iron makers hike prices More

A boom town
ALUVA, ABOUT 20 KM from Kochi, has turned into hot property as realty investors are buying up land there on a large scale. Buoyed by the availability of potable water and scenic setting along the Periyar, new waterfront properties coming up all ... More

GOLD & SILVER


Gold futures may test higher level
Gold futures corrected sharply lower, mainly due to a strengthening dollar and weakening oil prices. Short-term picture hints at a corrective pullback in the coming week, to at least $551-53 levels and only a daily close above $561 will signal ... More

MINERALS


Ukraine keen on joint venture
Ukraine is keen to establish a joint venture with the Andhra Pradesh Government to mine beach sand minerals and establish a titanium production plant. The proposal is for a joint venture with the A.P. Mineral Development ... More

SOCIAL WELFARE


NGOs most trusted organisations: Study
Trust levels in business, government and media are much lower More

HUMAN RESOURCES


Workplace etiquette
Behave with courtesy and act appropriately at all times. More

INDUSTRIAL POLICY


New industrial policy for Bihar on the anvil
CM seeks investment from domestic, foreign sources More

EVENTS


Agenda for the week
FICCI-SAARC Chamber of Commerce and Industry: Conference of `SAFTA: Business Opportunities and Challenges' at 10.00 am at FICCI, Tansen Marg, New Delhi. FICCI Meeting with Governor of Iowa, USA at 11.50 am at FICCI, Tansen Marg, New ... More



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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Rubber futures could stretch their bull run


Insurers stay away from bond markets

Corporation Bank marks centenary with library

Private firms may be allowed to lease wagons

Single-window facility for taxes may not work: Corporates

ICICI plans composite micro cover

Nafed stops sale of mustard as precaution

Expectations on Foreign Trade Policy run high as PM takes active interest

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 5-Mar. 11
Tax sops ruled out for investment cos

Cabinet clears India, Australia revised air services pact

Suspicion over coconut oil price fall

Wet weather forecast for whole country

Implications of capital gains giveaway

Oilmeal exports reach new high

Scheme for sugar mills to set up power units

PAN compulsory for demat accounts

Private insurers cut 2-wheeler exposure

Barclays predicts strong growth for wealth market — Indian market to grow 15 pc per year

Pharma cos fight pitched battle on patent turf

Recap bond conversion to boost bank profits

Women workers entrench themselves in `men's preserve'

Trade with US: India likely to overtake China

La Nina indicators neutral: Forecast

Service tax on ATM not to hit users

No plans to make OVL independent: Ministry

ONGC Nigerian plan hits snag

FDI inflow up 326 pc in Jan

Cement scrips zoom

MRP-linked duty a bitter pill for pharma sector

Tyre manufacturers to import 25,000 t rubber

`India can be made manufacturing hub'

Crude oil imports pegged at 110 mt

Oil India, IOC to buy 90 pc stake in African block

`Product duplication prevalent in every industry'



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