Financial Daily from THE HINDU group of publications
Tuesday, November 29, 2005
Markets (November 28 - 15.30 IST)
BSE Sensex8994.94(+105.91)
S&P CNX Nifty2712.00 (+28.55)
US Dollar (Buy/Sell)45.92/46.04


News
Features
Stocks
Shipping
Archives
Google

Subscription

Group Sites

INDUSTRY & ECONOMY

CLIMATE & WEATHER


Jitters for Tamil Nadu as another storm brews
HARDLY have the floodwaters drained completely from Tamil Nadu when comes a report of a cyclonic circulation churning viciously over the steaming southeast Bay of Bengal to turn into a depression on Monday. The system is headed for a landfall ... More

ECONOMY


`SEZs are stepping stones to development'
THE Commerce Secretary, Mr S.N. Menon, has said that domestic special economic zones (SEZs) would be the stepping stone into a new era of collective growth and development. He was speaking at a session on `Special Economic Zones: India's Best ... More

`Global economic imbalance needs proactive solutions'
MR Klaus Schwab, Founder and Executive Chairman, World Economic Forum, said on Monday that the global economic imbalance in production, consumption, savings and investment patterns needs to be solved by proactive procedures. He was speaking at ... More

FOREIGN TRADE


SAFTA committee of experts meet begins in Kathmandu today — Agenda includes finalisation of sensitive list, revenue loss compensation issues
WITH the deadline for the launch of the South Asian Free Trade Area (SAFTA) drawing nearer, a crucial meeting of the Committee of Experts (CoE) on SAFTA begins its deliberations in Kathmandu, Nepal on Tuesday to thrash out the pending important ... More

`There's scope for more trade with Australia'
THERE is enormous scope for increased trade between India and Australia in sectors such as infrastructure, telecom, food processing, roads and ports and information technology, according to Mr T.C. Venkat Subramanian, Chairman and Managing ... More

INFRASTRUCTURE


Rs 10,000 crore investment likely in SEZ infrastructure
THE Government expects investment of Rs 10,000 crore in special economic zone (SEZ) infrastructure in the next three years. This was stated by the Commerce Secretary, Mr S.N. Menon, at the India Economic Summit 2005 here on Monday. Mr Menon ... More

PETROLEUM


`Limit subsidised kerosene sales thru PDS to check adulteration'
INDIAN Oil Corporation (IndianOil) on Monday said there was an urgent need to address such issues as adulteration and diversification of petroleum products plaguing the industry. Speaking to media persons, Mr Sarthak Behuria, IndianOil ... More

Oil, gas production must be stepped up: Aiyar
THE Union Petroleum Minister, Mr Mani Shankar Aiyar, on Monday said India would need to step up domestic exploration for oil and gas as its major fields are expected to start declining in the next few years. In order to restrict the import ... More

PHARMACEUTICALS


India gearing up to be hotspot for drug R&D
INDIA is gearing to become a large pharmaceutical research and development (R&D) destination, with multinational companies such as Merck and Eli Lilly moving projects to India and domestic companies such as GVK Biosciences and Jubilant Organosys More

Nicholas Piramal, Jubilant scouting for overseas buys
THE appetite of domestic pharma companies for acquiring entities abroad has not diminished. Both Nicholas Piramal India Ltd (NPIL) and Jubilant Organosys today said that they were looking for overseas buys. "We are looking at acquisition in the ... More

TAXATION


Chamber seeks negative list for service tax
Services suggested in the negative list promote social cause and give a fillip to literacy drive and, hence, should not be taxed. More

SSI


Kerala small industries body plea on electrical inspectorate
THE Kerala State Small Industries Association (KSSIA) has suggested that the Kerala State Electricity Regulatory Commission study the viability of continuing with the functioning of Electrical Inspectorate in the State as the transaction cost of ... More

EDUCATION


Good response to Indo-UK `twinning' study courses
A GROWING number of students are opting for an UK qualification. Besides direct admissions to the universities there, over 50 institutions in the country have tied up for twinning programmes, with institutions in the UK. About 17,000 Indian ... More

FOODS & FOOD PROCESSING


Opening of markets cannot be one-sided, says Bengal CM
THE food processing industry will require a minimum investment of Rs 1,10,000 crore in order to treble its current size over the next ten years. This was stated by Mr D.P. Singh, Secretary, Ministry of Food Processing Industries, at 3-day ... More

MEDICAL INSTITUTIONS & HOSPITALS


Home for HIV-hit kids
KOTTAYAM: The Chief Minister, Mr Oommen Chandy, will formally inaugurate Asha Kiran, a home for HIV infected children, at KG College, Pampady near Kottayam, on December 1. The First Catholicos of the East, Baselios Marthoma Didymus, will ... More

REAL ESTATE & CONSTRUCTION


Retail buzz on the rise in Chennai
CHENNAI faces a shortage of quality retail space with good signage but still attracts high-powered brands and national retailers because of the relatively low cost of real estate as compared to other metros, according to a study by Trammell Crow ... More

One more bidder enters fray for Standard Motors land sale
YET another bidder has evinced interest in the purchase of the Perungalathur factory of the Standard Motors, now in liquidation, and in a petition, which was heard on Monday, the bidder prayed for an interim order staying the award granted by the ... More

HANDLOOM


Rain affects Sellur weavers
MADURAI: The recent rains have adversely affected the Sellur weavers.Over 3,000 handlooms and 400 power looms have been affected while they are busy with the export orders for the Christmas/New Year seasons. They have lost their yarns, ... More

FOREIGN DIRECT INVESTMENT


20 pc growth in FDI seen this fiscal
FOREIGN direct investments are estimated to grow by 20 per cent this fiscal, the Secretary of the Department of Industrial Policy and Promotion, Mr Ajay Dua, told the World Economic Forum (WEF) here today. FDI as on March 31, 2006, is estimated ... More

WTO


Kamal Nath hopeful of finalising draft for Hong Kong Ministerial
THE Union Commerce and Industry Minister, Mr Kamal Nath, on Tuesday expressed the hope that the first draft for Hong Kong Ministerial would be scaled up to a level of convergence. "This is a draft, which has been prepared and we are going to be ... More

UNCTAD chief hopeful of Doha round success
THE UNCTAD (United Nations Conference on Trade and Development) Secretary-General, Dr Supachai Panitchpakdi, is hopeful that the efforts being put in by countries such as India, Brazil, EU and the US will result in a success for the Doha ... More

RURAL DEVELOPMENT


Nabard draws Rs 703-cr credit plan outlay for Madurai
MADURAI: The Potential Linked Credit Plan (PLP) for Madurai district, prepared by the National Bank for Agriculture And Rural Development (Nabard), is pegged at Rs 703.52 crore for the year 2006 - 07. The earmarked share for agriculture ... More

EVENTS


FICCI meet on pharma and health from December 1
THE India-Africa-ASEAN-GCC Pharma & Health Conference to be organised jointly by Federation of Indian Chambers of Commerce & Industry (FICCI) and Pharmaceutical Export Promotion Council (PHARMEXCIL), will be held in Hyderabad during December More

Construction tools trade fair begins in Bangalore tomorrow
THE third edition of Excon trade fair will be held here from November 30 to December 4 showcasing engineering skills and potential as a global outsourcing destination for manufacturing construction equipment and components. The five-day meet ... More

  • In Hyderabad today

    INCOME TAX


    Panel on EET system of taxation submits report
    THE Government-appointed Committee of Experts, to work out a roadmap for moving towards an Exempt-Exempt-Taxable (EET) system of taxation of savings, submitted its report to the Union Finance Minister, Mr P. Chidambaram, here today. While the ... More

    EXPORTS & IMPORTS


    AP mosambi finds space in Singapore retail shelf
    A CONSIGNMENT of 500 kg of mosambi oranges, grown by farmers in Pulivendala mandal in Kadapa district of Andhra Pradesh, has been picked up by well-known retail chain, Mohamed Mustafa & Samsuddin Co of Singapore, for Rs 20,000. The same 500 kg, . More

    NATURAL CALAMITIES


    Floods: PM approves Rs 500-cr relief for TN
    THE Prime Minister, Dr Manmohan Singh, has approved the release of Rs 500 crore to Tamil Nadu towards restoration and relief work in the flood-affected areas. This amount is an immediate relief pending final assessment of the damage caused by ... More



    Comments & Letters to the Editor to: bleditor@thehindu.co.in
    Subscribe to: Business Line
  • Pick a Winner Stock Market Contest

    Top Stories
    'Rural middle class an untapped market'


    Bomb scare at ITPL in Bangalore — Staff evacuated; 50,000 man-hours lost

    AP mosambi finds space in Singapore retail shelf

    Discounts on NPA take-outs falling

    Good response to Indo-UK `twinning' study courses

    Panel on EET system of taxation submits report

    In Focus

    FDI in retail sector
    Indian Aviation: Sky is the limit
    India Inc's bonus bonanza
    Sethusamudram Canal Project
    India Inc's overseas acquisition
    More

    In Depth

    Gender Justice
    Simple Economics
    Tax Talk
    More

    Looking back
    Nov. 20-Nov. 26
    Shipping cos yet to ride out `service tax' storm

    Uniform retail drug prices across country by year-end: Paswan

    Dismissal from service for taking bribe set aside

    Now, most banks focus on SMEs

    Sales tax sops: Ministry not keen to encourage industry demands

    `World oil prices likely to settle at $64 up to 2010'

    Processed foods: `Adherence to safety norms vital'

    Crowding broadcast space to lower margins

    `Cement cos margins under pressure'

    Gold likely to increase on slowdown in US growth

    Hewitt study forecasts fatter pay packets for Indian employees

    CCEA nod for offloading of cross-holdings among oil majors

    India, Turkey sign MoU for oil exploration

    Shortage of off-the-road tyres may hit coal output

    Rubber traders threaten to halt exports — VAT claims yet to be refunded

    Fresh `low' promises another wet spell

    Russia keen to participate in Iran-Pak-India pipeline project

    IT sector's contribution to employment `not so good'


    The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
    Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

    Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line