Financial Daily from THE HINDU group of publications
Wednesday, July 27, 2005
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Financial Daily from THE HINDU group of publications Wednesday, July 27, 2005 |
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INDUSTRY & ECONOMY CLIMATE & WEATHER Phone services disrupted in Mumbai TORRENTIAL rains and heavy usage of phones severely disrupted mobile and landline services in the city. While some phone lines worked from time to time, others were hardly accessible. Heavy downpour disrupted radio-wave transmission which ... More
Heavy rains force REL to cut power
Bay `low' moves inland with rain belt in tow
Rains wreak havoc in Maharashtra ECONOMY First quarterly review of Monetary Policy — RBI hikes risk weights on loans for real estate, capital markets TO check unrestricted flow of bank funds to real estate and capital markets, the Reserve Bank of India has increased the risk weights for banks' outstanding exposure to these sectors from 100 per cent to 125 per cent with immediate effect. ... More
'No case for any sharp adjustment in interest rates'
ENVIRONMENT Bengal plans new waste facility at Durgapur THE West Bengal Government plans to set up a second common facility for hazardous wastes at Durgapur. The first such facility is currently being commissioned at Haldia. Speaking at the sidelines of a conference on industrial hazardous waste ... More HOTELS Ceebros to launch two more Raintree ecotels CEEBROS Property Development Pvt Ltd is investing Rs 85 crore in two hotel projects in Chennai. Both these hotels would also be under the Raintree brand (ecotel) like the first one on St Mary's Road. Mr C. Subba Reddy, Managing Director, ... More PETROLEUM Govt considering new petro product pricing mechanism WITH oil marketing companies continuing to pursue with the Government the issue of reviewing the retail price of petroleum products in order to mitigate their under-recoveries, the Ministry of Petroleum and Natural Gas may be forced to work out a ... More
Sites identified for LPG stations in twin cities POWER Power tariff policy may suggest 20 pc cap on cross-subsidy THE Power Ministry, in its Tariff Policy, is likely to suggest that States would have to cap the extent of cross-subsidy across their consumer tariffs at 20 per cent over a five-year period. The policy, which came up for discussion in the Union ... More TAXATION ICAI unveils study on State-level VAT THE Institute of Chartered Accountants of India (ICAI) said on Tuesday that its fiscal laws committee and the continuing professional education committee have brought out a publication titled `State-level Value Added Tax (VAT) - A ... More WATER Panel to study Somasila project HYDERABAD: The Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, has directed officials to constitute a three-member committee comprising the Joint Collectors of Kurnool, Nellore and Anantapur to take up a detailed study on issues ... More INDUSTRY ASSOCIATIONS KNITWEAR & HOSIERY Tirupur knitwear cos shut for a day KNITWEAR manufacturing in Tirupur has come to a halt with almost all the sections engaged in the knitwear production chain having stopped work responding to the one-day bandh called today by the all-political parties and the hosiery workers ... More FOREIGN DIRECT INVESTMENT Volkswagen puts car project in India on hold THE German automotive major Volkswagen AG has informed the Andhra Pradesh Government that it has temporarily put on hold its car project in India. The company, which has been hit by a bribery scandal, has however indicated its continued ... More LABOUR REFORMS Honda unrest: Industry calls for flexibility in labour laws VIOLENT clashes between the workers of Honda Motorcycle and Scooter India and the local police in Gurgaon for the past two days has led to a larger fallout with the industry asking for more flexibility in labour laws and warning of a negative ... More TRADE & LABOUR UNIONS Mixed reaction to tea sector wage pact THE historic wage agreement of the West Bengal tea industry may set new labour standards and productivity patterns, not just in other tea growing States but across all plantation-based industries in the country. A day after the accord was ... More EVENTS President visiting Kerala today THIRUVANANTHAPURAM: The President, Mr A.P.J. Abdul Kalam, will arrive on Wednesday evening on a three-day visit to the State. After formal reception at the airport, Mr Kalam will leave for the Vikram Sarabhai Space Centre (VSSC), where ... More INCOME TAX Special counter for income-tax assessees THIRUVANANTHAPURAM: The Income-Tax Department, Salary Range, Thiruvananthapuram will open special counters at Ayakar Bhavan, Kowdiar to help assessees file their returns before the due date. An official spokesman said that the counters ... More NATURAL CALAMITIES Flood alert forces Infosys, Wipro to shut Pune centres INFOSYS Technologies Ltd and Wipro Technologies shut their development centres in Pune on Tuesday following a flood alert by the local administration. "In view of the flood warning issued by the Pune District Collector, we have closed our ... More PEOPLE South Australia trade representative MR A.K. Tareen, now head of the Australian Trade Commission (Austrade) in South India, based in Chennai, has been appointed South Australia's Director for Trade and Investments in India. According to a press release, this follows a co-location ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Pick a Winner Stock Market Contest
Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 17-Jul. 23 `Break monsoon' scaled down; `weak monsoon' in Steel prices likely to firm up by September: RINL chief Exports rise 19 pc in first quarter `FMCG sector to grow over 50 pc by 2010' Ma Foi predicts cooling off quarter for jobs NELP panel calls for appointment of nodal officers Indian Textile Clusters, Carrera Holdings sign pact for textile consortium No let-up in movement of ore to steel plants Rajeev Chandrasekhar may tune into FM radio Govt fixes floor price for e-auction of coal Chidambaram for `measured response' to market swings Yuan change: No major benefit seen for textile exporters Iron ore market to remain in balance till 2010 India largest recipient of World Bank aid Exim Bank to extend $400 m line of credit — Firms exporting to 2 CIS nations, Francophone countries likely to benefit Textile exports to US decline in May |
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