The Hindu Business Line : Sunday, August 14, 2005

Monsoon effect: No rain-shadow on India Inc
AT this time of the year, it is usual for market observers to attribute the gyrations in stock prices of companies in certain sectors to the "monsoon effect". The prospect of delayed or inadequate rains usually ... More

HOTELS

Sehwag opens food court
VIRENDER Sehwag has joined the growing list of cricketers associating with the food business. The `butcher of Najafgarh' as he is often referred to, today announced the launch of `Sehwag's Favourites', a food court designed to cater to ... More

PETROLEUM

Oil companies over the barrel
The government's compulsions to maintain retail prices of the two fuels and its inability to foot no more than a small share of the subsidy on LPG and kerosene is costing the oil companies dear. Their finances are under severe strain and major projec ts are being put on hold. It is not surprising that the recent market rally has given oil stocks the go by, and that investors are waiting for better times in the industry. More

AI plans to hedge on aviation turbine fuel
TO beat the volatility in the global prices of fuel and improve its bottomline, Air India (AI) has decided to partially hedge its exposure on the Aviation Turbine Fuel (ATF) that it buys from the international market. "In view of the rising ... More

TAXATION

To offset losses suffered by oil cos — Ministry wants part of cess amount released to oil board
WITH international oil prices continuing to soar and a majority of the domestic oil companies suffering cash losses, the Petroleum Ministry has again petitioned the Finance Ministry to release `at least' a part of the approximately Rs 60,000 ... More

TERRORISM

Kadirgamar's assassination shatters Lankan peace
WITH the brutal assassination of the Sri Lankan Foreign Minister, Mr Lakshman Kadirgamar, on Friday night in Colombo, the fragile peace process has been shattered. If it is indeed the LTTE which has carried out the killing, as is widely ... More

RADIO/TV

Employees seek repeal of Prasar Bharati Act
EMPLOYEES of Prasar Bharati today demanded an immediate repeal of the Prasar Bharati Act as it is "totally unviable" in the present form and has taken them back into Government fold. Members of the National Federation of Akashvani and ... More

CARS

Swift in race with Getz
QUICK, think of a manufacturer most likely to launch a globally acceptable, dream small car for the masses in India. A car that is technologically superior, feature rich, performance oriented and yet fuel-efficient. If we had posed that question ... More

WTO

WTO: India makes revised offer to open up services sector
The services include banking, value-added telecom and part of air transport sector. More

REGULATORY BODIES & RULINGS

TRAI moots policies for rural coverage
THE Telecom Regulatory Authority of India (TRAI) on Saturday said that policies must be formulated to push tele-density in the rural areas. The telecom regulator also said that it was not in favour of imposing an entry fee for allocating spectrum ... More

TRADE & LABOUR UNIONS

Labour issue hots up at Maruti
THE tremors caused by the labour unrest at Honda Motorcycles and Scooters India (HMSI) seems to be spreading to other quarters as well. In fact, there is a strong possibility of the making of another labour tussle, albeit of a different kind, at ... More

EVENTS

Workshop for realtors on service tax, VAT
The Confederation of Real Estate Developers Associations of India (CREDAI) and its member association CREDAI NCR are jointly organising a workshop on service tax, value-added tax (VAT) and income tax for real estate developers, agents, ... More

Govt disappointed with response to Sugar Development Fund
THE poor response from the sugar industry to the Sugar Development Fund (SDF) for the modernisation or expansion of plants has disappointed the Union Government. Addressing a national level sugar technologists' convention here on Saturday, Dr ... More

Recruiters meet in Hyderabad
HYDERABAD: The Executive Recruiters Association (ERA), a non-profit chamber of commerce representing search, selection and staffing recruitment consulting firms in India, has firmed up plans to host its First National Conference on ... More

GFMS to launch Hindi version of Gold Survey 2005
FORETELL Business Solutions Private Ltd, an agri-business and commodity research group, is organising the second India International Gold Convention 2005 (IIGC) during August 24-25 at The Taj Lands End, Mumbai. At the IIGC convention, GFMS will ... More

TRENDS

`Keep pace with tech changes to sustain wealth'
BALMER Lawrie, now a public sector unit, has been around for 160 years. Over the years, its business has undergone a sea change. From a managing agency, Balmer Lawrie now has a fair presence in the manufacturing and service sectors. ... More

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