The Hindu Business Line : Tuesday, August 15, 2006

SEBI slaps Rs 1-cr fine on Citigroup arm
The Securities and Exchange Board of India (SEBI) has adjudged that Citigroup Global Markets (Mauritius) Ltd (CGML), an affiliate of the global banking conglomerate Citigroup, be levied a penalty of Rs 1 crore. The adjudication and the ... More

Parliament passes G-Secs Bill
Parliament today passed the Government Securities Bill 2006 to consolidate and amend the law relating to Government securities and its management by the Reserve Bank of India. The Rajya Sabha passed the Government Securities Bill 2006 on ... More

Benchmark for drugs outside price control is Rs 3
The Ministry of Chemicals and Petrochemicals has finalised the benchmark price of Rs 3 per tablet for medicines that will be kept outside price control regime in order to encourage producers price their medicines low to avoid control. Sources ... More

Visa spend of top 4 cos in Q1 at over $40 m
Incremental benefits cited as reason for higher outgo More

TCS ready to offer rural employment scheme software
Centre may fund States to buy tool More

Cola controversy — A storm brewing in domestic tea cups
"This issue is like a sleeping tiger, and better not to wake him up", a senior Indian Tea Association official said. More

Shipping cos gain on firm freight rates
`One-time factor' may improve earnings outlook More

Bharati Shipyard back in focus
Market talk of Bharati Shipyard Ltd foraying into the business of building oil rigs is said to be renewing interest at this counter. The stock closed marginally weak on Monday at Rs 322.75 on the BSE. Trading volume improved to 24,630 shares ... More

Acquisition talk boosts Mercator
Mercator Lines ended 19 per cent higher on the BSE at Rs 39.90. Rumours of the company going in for a large-scale acquisition are said to be driving prices at this counter. As per market talk, the company is on the threshold of acquiring four ... More

Central India share keeps rain deficit at bay
Central India's profitable outing (+18 per cent) up till now during the ongoing season has kept one end up amidst a torrent of deficit rainfall figures reported from elsewhere in the country as the monsoon progressed mid-way into the third ... More

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