WEB EXTRAS
COMMODITY EXCHANGES
`No move to ban futures trading'
The Union Government on Tuesday asserted that futures trading had helped stabilise the volatility in prices of wheat and other essential commodities and there was no proposal to scrap them from the system. "There is no question of banning ...
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ECONOMY
Weaker second `low' brings rain to east, central India
True to predictions, the second monsoon `low' has turned out to be less intense than the predecessor, churning to become a well marked `low' at its best bringing parts of East and central India under its spell over the past four days. In ...
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FERTILISERS
Deepak Fertilisers to set up ammonium nitrate unit in Orissa
Rs 400-cr project likely to start by 2008
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HORTICULTURE/FRUITS & VEGETABLES
Potato futures crash on supply pressure
Long positions offloaded on prospects of good harvest
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PHARMACEUTICALS
Pharma industry seeks status quo on policy
New rule proposes to bring 354 drugs under price control
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TEXTILES
Oswal to expand retail venture
North India based textile company Oswal Group announced its retail arm Oswal Retail Pvt Ltd's plans to expand and consolidate its presence in the country with an investment of Rs 50 crore. The company that had launched its lingerie retail ...
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TRL revival likely by Oct
Promoters expect OTS arrangement with PSU banks
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BIO-TECH & GENETICS
Call to shelve move on Bt brinjal
`Not enough done to address bio-safety concerns'
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MINING & QUARRYING
Adhunik gets iron ore mine
Adhunik Metaliks Ltd, the flagship company of Kolkata-based Rs 1,200 crore Adhunik Group, on Tuesday, announced that it has been allotted an iron ore mine at Kulum in Keonjhar district of Orissa. The iron ore will help the auto grade steel ...
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RURAL DEVELOPMENT
`Technology can take banks to rural areas'
Contrary to the popular perception (or misconception) that technology leads to elite banking, useful only for high net worth individuals and corporates, it can be effectively used in a country like India to take banking services to the villages ...
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NEW PROJECTS
S. American shipping line plans expansion in India
Plans to re-route vessels to Chennai
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OVERSEAS INVESTMENTS
Thermax UK arm to exit heaters, boilers biz
Thermax Ltd's UK subsidiary ME Engineering has discontinued its packaged boilers and heaters business owing to mounting losses. The company is also in the process of winding up operations of Thermax Energy Performance Services Ltd (TEPS), a joint ...
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REGULATORY BODIES & RULINGS
AP seeks market regulator for domestic gas produce
Move for market pricing mechanism opposed
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OUTLOOK
`Indian Bank seeking to sustain growth'
Indian Bank, which could achieve total business mix of Rs 63,290 crore during 2005-06, a growth of 18.99 per cent, is seeking to sustain it during the current financial year too, according to the Chairman and Managing Director, Dr K.C. ...
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