The Hindu Business Line : Saturday, September 24, 2005

Turnover-based fee for commodity brokers likely
With commodity futures gaining popularity, the Government has asked the FMC to figure out ways for resource generation. New Delhi, Sept. 23 AFTER the stock brokers, it will be the commodity brokers who will have to pay a fee ... More

Market ends on a flat note after volatile trading
AFTER a morning of high volatility, stock markets ended trade on Friday on a flat note. The Sensex opened in the green at 8255.05, but swung sharply downwards and shed over 131 points to touch its intra-day low of 8121.81. However, post-11:30 ... More

Failure to curb black marketing — Order to regulate LPG distribution in for review
THE Petroleum Minister, Mr Mani Shankar Aiyar, today said that the Government plans to review the order to regulate liquefied petroleum gas (LPG) distribution, as it has not been able to check diversion of subsidised fuel. The Minister accepted ... More

ONGC to barcode all its assets — `First of its kind in non-retail sector'
Barcoding would ensure faster data capture, saving time and costs. It would also prevent the wrong issue of material. Mumbai, Sept. 23 OIL & Natural Gas Corporation (ONGC) is finalising a project for barcoding every item of ... More

Oil blocks: Separate bidding norms mooted based on category
Production sharing pacts signed with 14 companies
The Minister said the report submitted by Petrofed on the changes needed in the exploration policy would be circulated among the industry members and their comments would be considered. More

Biotech strategy in 2 months: Sibal
THE National Biotechnology Development Strategy, which promises concessions to industries and chart out a roadmap to fuel the biotechnology sector's growth, would get the Union Cabinet nod in two months. Stating this at a `Biotech CEO Summit' ... More

Insurers use bull run profits to boost capital
Along with the public sector insurers, some of the private sector non-life insurers have also booked large profits as a result of the bull run in the stock markets. More