The Hindu Business Line : Friday, March 03, 2006

Leeway for individual MFs likely
After providing greater leeway to the mutual fund industry on overseas investments, the Government is considering a major hike in the cap on overseas investment by individual fund houses. Indications are that the fresh cap could be set at about ... More

Sensex touches 10,700-mark
In an eventful day's trading marked by high fluctuations on Thursday, the BSE Sensex broke into 10,700-mark, rising by over 140 points midway through the session, before shedding 79.44 points on profit booking. The Sensex ended at a record high ... More

SC bars States from imposing sales tax on telecom services
`Cannot be equated with goods'; operators' burden to drop by Rs 10,000 cr More

IOC offloads 50 pc of its stake in GAIL
At Rs 275 per share, oil PSU earns Rs 430-cr profit More

IOC group wins Bangalore airport bid
Setting up aviation fuel supply infrastructure project under open access model More

General insurers in a tizzy
Withdrawal of service tax exemptions on premiums More

`Keep a keen watch on FMCG trends'
Today, PE is trailing by about 18 times More

Airtel, Idea slash ISD rates by up to 50 pc
Three private players unveil One India tariffs More

Navratna tag eludes BSNL again
Telecom major Bharat Sanchar Nigam Ltd's bid to join the elite club of `Navratna' companies has fallen through yet again with the company failing to meet the specifications of the Department of Public Enterprises. The company instead received a ... More

Banks warned on real estate exposure
The Reserve Bank of India has once again cautioned banks against excessive lending to the real estate sector. In a notification issued on Thursday, the RBI has directed banks that they should disburse loans involving real estate only after ... More