The Hindu Business Line : Tuesday, May 24, 2005

Retail majors plan big, line up over Rs 650-cr investments
WITH the organised retail industry poised for exponential growth, the retail majors have lined up mega expansion plans. Companies such as Pantaloon Retail, Shopper's Stop, Trent, Lifestyle and Subhiksha are together expected to invest upwards of ... More

India-UK air fares set to drop further
Jet officials said a lot will depend on how the airlines of the Gulf region, which offer connections through their home base to the UK, react to the proposed increase in the number of non-stop flights between India and Britain More

To comply with Clause 49 of Listing Agreement — `ONGC board may have fewer Govt directors'
THE Government on Monday indicated that it would by December 31 bring down its representation on the board of the Oil and Natural Gas Corporation, so as to enable the oil major to conform to the proposed revised Clause 49 of the Listing ... More

Oil, tech stocks lead bull run
RENEWED buying interest, especially in oil and technology stocks, ensured a day for the bulls in the bourses. The Sensex netted a gain of 40.33 points to close at 6,539.83, well above the psychological level of 6,500. The BSE's 30-stock ... More

Exporters can now source inputs from SEZs without advance release orders
EXPORTERS with advance licences can now directly procure inputs (import) from special economic zones on the strength of their licences without having to furnish any Advance Release Orders (AROs). The Government has made an amendment to the ... More

IT cos earning more per client — Reliance on Top-10 is less now
We have seen it happening across the last 10 quarters or so. But, earlier, it was easy to be seen losing clients. The IT slump was not over then. Now, not only are Indian IT software services companies adding few net clients (client gains net ... More