The Hindu Business Line : Wednesday, May 25, 2005

Govt to curb borrowings, keep inflation under control
THE Finance Minister, Mr P. Chidambaram, today said the Government intends to keep inflation under control and interest rates benign to promote growth and also strive to keep its borrowings lower than estimates. He said the Government's ... More

No immediate plans to review FDI cap in civil aviation: Minister
THE Government has no immediate plans to review the foreign direct investment limit in the domestic aviation sector, the Minister for Civil Aviation, Mr Praful Patel, said hereon Tuesday. "The present 49 per cent cap on foreign direct ... More

Ad valorem royalty for coal mining under study
THE Government is considering a proposal to overhaul the royalty structure on coal mined in the country. Plans are afoot to replace the existing weight-specific royalty system with an ad valorem rate of royalty. To examine the specific issues ... More

Infosys promoters, directors offload 5.16 m shares in ADS — Narayana Murthy may net Rs 435 cr
TOP honchos of Infosys Technologies Ltd, including the promoters and the directors, have sold over 5.16 million shares in the sponsored ADS issue, accounting for 32 per cent of the issue size of 16 million shares. This issue included a green-shoe ... More

Bharat Forge Q4 net up 33.5 pc
BHARAT Forge Ltd has reported a 33.51 per cent rise in net profit for the fourth quarter ended March 2005 to Rs 48.37 crore from Rs 36.23 crore in the corresponding previous period. The board has recommended a dividend of 125 per cent, ... More

Internet pharmacies, major worry for drug cos: E&Y
YOU may increasingly find your e-mail inundated with offers to ship across impotency drug Viagra, for instance, at a low price! And while you may rid yourself of the unsolicited mail by hitting the delete button, pharma companies have a more ... More

Small-cap stocks sizzle, but analysts caution investors
AFTER the run-up in mid-cap stocks earlier this year, it is the turn of small-cap stocks to witness a sharp rise in prices since April this year. During this period, large-cap stocks have remained almost flat. Brokers and analysts have ... More

BARC develops tech to make biscuits, baby food from banana
NOW, biscuits, cake and baby food can be made from the ubiquitous banana. Scientists at the Mumbai-based Bhabha Atomic Research Centre (BARC) have under laboratory conditions made these products from ripe banana powder. The dry banana powder ... More