The Hindu Business Line : Sunday, January 25, 2004

Import duty cut on inputs for auto parts, others
IN a fresh dose of off-Budget, pre-election Customs duty cuts aimed at bolstering competitiveness of the domestic manufacturers of auto components, plastics and resins, electrical appliances and white goods, the Finance Ministry has lowered ... More

US Bill `may hurt Indian IT sector in the long run'
THE move by the US Senate to ban sub-contracting Federal Government work to other countries may feel like a pinprick now, but has the potential to create a bigger pain in the long run to the Indian software and services industry, experts ... More

Outsourcing issue likely to snowball
While the direct damage may be "little", there is the political damage that has been set in motion by way of a precedent value. More

Share buyback: Tender offers fare better
TUBE Investments offered to buy shares 61.5 lakh shares directly from the investors at Rs 100 per share. It managed to mop up all that it set out to do. In contrast, Deepak Fertilizers, which resolved that it would buy 1.83 crore shares from the ... More

Forex reserves register $ 698 m decline
FOR the first time in around 14 weeks, the country's foreign exchange reserves have registered a decline of $ 698 million, after accelerating by over one and a half billion dollars every week since the beginning of this calendar year. Total ... More

Exclusive marketing rights — Novartis gets stay against 6 firms
THE saga of litigation on the issue of exclusive marketing rights (EMR) for a drug took a fresh turn with Novartis getting a stay from the Madras High Court restraining six drug companies from manufacturing and distributing imatinib mesylate ... More

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