Financial Daily from THE HINDU group of publications
Monday, January 16, 2006
Markets (January 13)
BSE Sensex9374.19 (-6.69)
S&P CNX Nifty2850.55 (-0.15)
US Dollar (Buy/Sell)44.30/44.33


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ANNOUNCEMENTS


TELK bags orders worth Rs 50 crore
THE State public sector unit Transformers and Electricals Kerala Ltd (TELK) has started the New Year in style by bagging orders worth Rs 50 crore. The orders were received from Power Grid, New Delhi, L&T, Chennai, GRA Energy India Ltd, Chennai . More

JK tyre care centre at Angamally
KOCHI: JK Tyre has inaugurated its 18th tyre care centre along the Golden Quadrilateral at Angamally on the NH-47 near here. The tyre care centre is a one-stop shop for radial tyres, which provides services such as inflation pressure ... More

ACCOUNTING STANDARDS


Centre to accept accounting panel's recommendations — Likely to notify AS 1-27 of ICAI
Currently, the Companies Act stipulates that India Inc would have to adopt the accounting standards formulated by the ICAI. This dispensation would prevail until the Centre notifies the accounting standards recommended by NACAS. More

HUMAN RESOURCES


Ruia group recruiting senior execs for Dunlop
WORKING for the quick reopening of Dunlop India Ltd, the Ruia Group is currently busy recruiting senior-level marketing, management and production personnel. Already, the company has appointed more than 15 executives and is in the process of ... More

MERGERS & ACQUISITIONS


Essilor India acquires 50 pc in GKB Rx Lens
ESSILOR India, the wholly-owned subsidiary of the French ophthalmic lens major Essilor International, has acquired 50 per cent stake in GKB Rx Lens Pvt Ltd, an ophthalmic lens processing laboratory and wholesale company. The agreement includes an ... More

CORPORATE GOVERNANCE


Would our men like the Norway model?
THERE has been more than enough media attention on the issue of independent directors. Predictably, many companies were found napping, even as the Clause 49 requirement closed in on them. But quite surprisingly, women seem to have missed an ... More

TRADE & LABOUR UNIONS


Steel PSU executives to go on mass leave on Feb 2
EXECUTIVES of public sector steel companies will go on a mass casual leave on February 2 to protest against the non-implementation of a 4 per cent hike in basic pay as an annual increment. This decision was taken at Steel Executives ... More

OUTLOOK


Volvo mulls separate plant for buses
VOLVO is considering an option to build a separate plant for manufacturing buses in India and is willing to help State transport corporations in arranging finance for buying city buses. The Volvo Bus Corporation President and Chief Executive ... More

PEOPLE


Sanak Mishra is Mittal Steel's Jharkhand unit CEO
MITTAL Steel Company has announced the appointment of Dr Sanak Mishra as the Chief Executive Officer of Mittal Steel's greenfield project in Jharkhand. Till recently, Dr Mishra was a Member of the Board of Directors of Steel Authority of India ... More
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Centre to accept accounting panel's recommendations — Likely to notify AS 1-27 of ICAI


Challenges before the Finance Minister

All new MICO products to come under Bosch brand

IMD funds from Gulf may move into mutual funds

`Derivatives segment growing fast'

US-Iran stand-off, credit demand impact liquidity

Global sugar prices seen rising this year too

What ails America's airlines?

MF investors turn more hungry for critical disclosures

In Focus

Auto Expo 2006
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
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In Depth

Gender Justice
Simple Economics
Tax Talk
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Looking back
Jan. 8-Jan. 14
ONGC to go for best exploration practices

SAIL charting new mining proposal — Dry beneficiation plant at Chhattisgarh

Reliance demands compensation for selling petro products below cost price

Industry to have a say in `large taxpayer units' scheme implementation

Tata-Fiat alliance agrees to leverage mutual strengths

Gokuldas Images sells 16 pc stake to IL&FS — Major expansion in Weekender proposed

Volvo may bag another order for 25 buses


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