The Hindu Business Line : Sunday, April 30, 2006

Indian Bank, IOB to decide on rate revision soon
Indian Bank and Indian Overseas Bank will be taking a call on whether to raise deposit rates as well as home loan rates shortly. Dr K.C. Chakrabarty, Chairman and Managing Director, Indian Bank, said that the Asset Liability Management ... More

Karnataka Bank hikes term deposit rates
Introduces maturity slab of 5 years & above More

SBT posts improved net, declares 100% dividend
State Bank of Travancore (SBT) has booked a higher net profit of Rs 258.68 crore during the year ended March 31 as against Rs 247.13 crore during the last fiscal. The Board of Directors has declared a dividend of 100 per cent, up from the 75 ... More

ENGINEERING

EEPC inks MoU with German engg body
To promote business opportunities More

ENVIRONMENT

S'pore-based group offers access to carbon trading
A consortium of companies led by the Singapore-based Asia Carbon is offering Indian companies access to carbon trading through projects that enable reduction in emission of greenhouse gases. Addressing a seminar on a consortium approach to ... More

STEEL

Tatas complete Millennium Steel acquisition
Tata Steel Ltd has informed BSE that it has completed the acquisition of 67.11 per cent stake in Thailand-based Millennium Steel Public Company Ltd. The investment was completed through a combination of preferential allotment of 24.99 per cent ... More

CARS

Choose the Ford Fiesta
I am planning to buy a mid-size car in the Rs 6-8 lakh price band. The cars that I have in mind are the Ford Fiesta 1.6 SXI, the Chevrolet Aveo 1.6 LT and the Ford Fiesta 1.4 TDCi ZXI (Diesel). My priorities are mainly - running cost ... More

REAL ESTATE & CONSTRUCTION

TITLEFEED
What is a globalised city?
World's top city, according to recently published results, is Zurich. In the second place was Geneva; and Vancouver came third, informs Jonathan Lessware in a report dated April 10, on http://news.scotsman.com. "At the other end of the table, ... More

Yours all the way
I think it is unfair to deny repayment of principal for the period prior to completion of construction. After all, interest for this period is rightly allowed in five equal instalments after completion of construction? Lalit ... More

The Budget effect
In respect of Section 50 C, the expectations were not met fully, though some steps were announced by the Finance Minister in the area of agriculture. More

REALTY CHECK
IT boom in Chennai
An IT park will be treated as an industry and be eligible for backward area capital subsidy and ST benefits. More

MINING & QUARRYING

Govt okays 43.5 mt additional coal capacity in April
Capacity addition through opencast mining More

EVENTS

Global meet on artificial intelligence
The Twentieth International Conference on Artificial Intelligence, to be hosted in Hyderabad in January 2007, will deliberate issues relating to usage and applicability of artificial intelligence in day-to-day life such as speech and visual ... More

INCOME TAX

Caught in a fix
From April to July 2005, I worked with one employer and from August 2005 onwards with my present employer. I have not claimed the benefit of exemption under Section 10(13A) in computing the tax to be deducted at source by my first employer. ... More