The Hindu Business Line : Sunday, January 09, 2005

Indian stocks catch the fancy of global retail investors
THE dollar inflow into the Indian stocks is not just fuelled by foreign institutional investors, but individual investors living abroad are now becoming major investors in the domestic markets. Encouraged by the "Indian story", retail investors ... More

NTPC plans entry into power transmission
NATIONAL Thermal Power Corporation (NTPC) is planning to spread its wings across the entire value chain in the power sector by getting into the transmission business, the only major area in the sector where the company does not have a ... More

Pulses imports may touch record 2.5 mt; decline seen in output
THE country's import of pulses is likely to hit an all-time high of 2.5 million tonnes (mt) during 2004-05. This follows an expected 2-mt decline in domestic output. An indication of the shipments taking place this year is provided by the ... More

HDFC Bank Q3 net rises 31 pc
DRIVEN by significant growth in retail loans and a higher fee-based income, HDFC Bank has recorded a 31 per cent jump in net profit for the third quarter ended December 31, 2004. The bank has reported a net profit of Rs 170.93 crore for the ... More

Forex reserves up by $163 m
AIDED in part by a revaluation in the central bank's basket of currencies, the country's forex kitty was enhanced by $163 million (about Rs 700 crore) for the week ended December 31, 2004, as per the latest Reserve Bank of India statistics. The ... More

ICAI moots tax on educational institutions run on commercial lines
EDUCATIONAL institutions run on commercial lines should be corporatised and taxed as business activity, the Institute of Chartered Accountants of India (ICAI) has said. This is one of the measures suggested by the ICAI in its pre-budget ... More

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