Financial Daily from THE HINDU group of publications
Tuesday, May 02, 2006
Markets (April 29)
BSE Sensex12042.56(+190.63)
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INDUSTRY & ECONOMY

NRIS


ICICI Bank revises NRE rates
ICICI Bank has revised its interest rates on NRE fixed deposits and FCNR deposits across various maturities. It now offers an interest rate of 6.33 per cent per annum on NRE fixed deposits with maturity of one to one-and-a-half ... More

ANTI-DUMPING


Commerce Ministry recommends imposition of definitive anti-dumping duty
Imported viscose filament yarn exported from China More

AWARDS & HONOURS


Communal cause
FOR THE SAKE OF HARMONY: The President, Mr A.P.J. Abdul Kalam, with the Prime Minister, Dr Manmohan Singh, at the National Communal Harmony Awards function in the capital on ... More

FOREIGN TRADE


More import duty sops to Singapore under FTA
To meet commitments under economic co-operation pact More

Iranian Minister in India to speed up gas pipeline project
Issues related to drafting of agreement to be discussed More

Study visit
EXPANDING TIES: Mr Kisaburo Tokai, Director-General, International Bureau, LDP, and Leader of the Parliamentary delegation of Japan, calling on the Minister of State for Industry, Dr Ashwani Kumar, in the Capital on Monday. Four parliamentarians ... More

INFRASTRUCTURE


Hinduja group plans LCV plant, revival of Vizag power plant
Proposal for setting up SEZ in AP More

PSU


STC net up 44% in 2005-06
Export turnover tops Rs 1,000 cr More

PETROLEUM


Paradip Port's oil jetty finds takers now
Banks on oil companies to use facility for handling petroleum products More

Tough negotiations between OVL, Kazakh firm
Tough negotiations are going on between ONGC Videsh Ltd (OVL), the overseas investment arm of Oil and Natural Gas Corp (ONGC), and KazMunaiGaz (KMG), Kazakhstan's national oil and gas firm, on the Indian company's efforts to buy 50 per cent stake ... More

IOC hopes Govt will address under-recoveries
`Working capital under strain, but projects undertaken will not be hit' More

GAIL to set up LPG plants in Uzbekistan
Ties up with national gas major Uzbekneftegaz More

ATF prices up 10 pc
The global northward movement in oil prices has taken a toll in the domestic market. The public sector oil companies today hiked the price of aviation turbine fuel (ATF) by more than 10.6 per cent with the average per kilolitre price for the ... More

POWER


Dabhol plant restarts operations
The Maharashtra State Electricity Distribution Company Ltd has received 30 MW power from the Dabhol power plant on Monday, a company official confirmed. "We received 20 MW initially at 5.20 p.m. and the balance later." This is against the ... More

TAXATION


AP gets Rs 404-cr VAT compensation
Makes good the shortfall of Rs 172 cr in collections More

SSI


Tech banks for small enterprises planned
A business model for manufacture and marketing will be developed More

EDUCATION


Sreenidhi Institute tie up
Sreenidhi Institute of Science and Technology (SNIST) has tied up with the US-based Vaughn College of Aeronautics and Technology to offer aviation and engineering technology courses. The agreement offered a combination of choices ... More

REAL ESTATE & CONSTRUCTION


DLF, Unitech, ICT in race for Noida mega land auction
Financial bids to be opened after technical scrutiny More

Indiabulls Fin de-merges real estate division
Shareholders to get 1:1 shares in new entity More

INDUSTRY ASSOCIATIONS


Adviser to CII President
The CII on Monday announced top-level changes in its administration. The Director General, Mr N. Srinivasan, will take on the new role of Adviser to the CII President, Mr R. Seshasayee and will be based in Bangalore. In this ... More

CINEMA


Bollywood looks to co-production to lower risk impact
Co-production is not merely about collaborating but a risk mitigating measure that is gaining importance for the Indian film industry faced with the vagaries of box office performance. Quite recently, a number of filmmakers and film production ... More

WTO


Services sector unhappy with WTO delays
Rejects notion of slimmed-down round More

HUMAN RESOURCES


IPE signs tech pacts
The city-based Institute of Public Enterprise (IPE) has signed a memorandum of understanding with National Productivity Council for collaboration in the areas of productivity and information and technology. "The two institutions ... More

EVENTS


India likely to be hub for exhibitions in Asia
The India growth story continues to attract international attention. In the not so distant future, India may be the destination for the biggest trade exhibitions in the Asia region. Exhibition company, dmg world media Dubai Ltd, that organises ... More

Justice rally
ON MAY DAY: The Chief Justice of India, Mr Justice Y.K. Sabharwal, flagging off a Social Justice Rally of workers on May Day in the Capital on ... More

May Day holiday
REST FOR LABOUR: The roads were deserted as offices remained closed on Monday in Kolkata.

More

EXPORTS & IMPORTS


Pesticide content: CFTRI clears Australian wheat
13,000 tonnes discharged; second ship set to arrive at Tuticorin today More

EU is new growth driver for textile exports
Spain, France, Germany among thrust markets More

STANDARDS & BENCHMARKS


Mobile operators' council to help Govt set standards
Assistance in subscriber verification procedures More

PEOPLE


A giant passes away
Galbraith made no secret of the fact that for him `Greek letter economics' of mathematical equations, which took the subject far from the everyday reality on which it was originally solidly based, had failed. More
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RBI Annual Credit Policy 2006-07

Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
Indiabulls Fin de-merges real estate division


Oil and the tenuous global balance

Commerce Ministry recommends imposition of definitive anti-dumping duty

Demand for software architects seen rising

MSP purchase of copra yet to begin

RBI cool to SFCs' plea for stressed assets fund

Marriott plans 5-star hotels in Bangalore, Hyderabad

GAIL to set up LPG plants in Uzbekistan

On the back of sale and leaseback

Paradip Port's oil jetty finds takers now

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Apr. 23-Apr. 29
Singapore sees signs of growth in biz travel

SIDBI, Nabard credit arrangement is `cosmetic tinkering'

Gold volatility: Caution required

Protocol pacts with China to export mango, grapes

`Don't refuse third party motor policies'

Rubber exports top 70,000 t

Pakistan looks for more sugar from India

Crude oil prices always a cause for worry, says Chidambaram

Top retailers gearing up to meet barcode deadline

Array of trade pacts a cause for concern: India Inc

MRPL may firm up proposal to lift crude from PMT in May

Demand keeps soyameal exports buoyant

Indirect tax mop-up surpasses target

Service tax to be applicable on 15 new services from May 1

It's Cyclone Mala, likely to head for Myanmar coast

Balco residual stake sale after CCEA okays valuation

GAIL to fork out Rs 538 cr in Q4 towards subsidy sharing

Posco to invest $200 m this year

Revised target in direct taxes may be missed

Cyclone Mala is strongest after Orissa Cyclone

Importing high oil content seeds will make commercial sense

SFCs losing SME assets to banks

India Knit Fair ropes in German firm for marketing

Infrastructure sector grows 4.9 pc in 2005-06

NHPC to take cue from China

Private cell operators to team up with Postal Dept

Infrastructure growth faulty: Report

Tariff values for palm oils hiked

Rush for shifting DP accounts

More than system inadequacy



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