Business Daily from THE HINDU group of publications
Wednesday, August 02, 2006
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WEB EXTRAS

STRATEGY
Bharti sets up new unit to develop mobile content
Luring customers
The Content Factory will pick up ideas from subscribers on what they want, which will be converted into products.
It will focus on alliances and acquisition of content ranging from music, gaming, bollywoo d content and education. Content Factory to look out for tie-ups with content providers, aggregators More

ECONOMY
Orissa, Gujarat in for another wet spell
Deficit rainfall in 216 districts More

ACCOUNTANCY
Pre-certification: Co Secys peeved over Ministry move
Members of the Institute of Company Secretaries of India (ICSI) are feeling let down over the act on the part of the Company Affairs Ministry diluting their prerogative to pre-certify various documents submitted by companies to the Registrar of ... More

PETROLEUM
Tariff panel recommendations could hit ONGC's revenues
Oil major against differential pricing proposed by panel More

TAXATION
Hoda panel seeks industry feedback
Duty inversion on implementation of tariff sops on regional trading arrangements More

FINANCIAL PERFORMANCE
MphasiS Q1 net drops 55 pc to Rs 15 cr
The MphasiS BFL Group has reported a 55 per cent drop in its consolidated net profit, while its revenues grew 19 per cent for the quarter ended June 30, 2006, over the corresponding period last year. The company registered a net profit of Rs ... More

FINANCIAL INSTITUTIONS
`Group lending efficiency must be improved'
The group lending model of microfinance in India can do with less stringency, according to Mr Dean. S. Karlan, Visiting Assistant Professor of Economics, Yale University. Flexibility towards individual lending should be explored, he ... More

FOREIGN INSTITUTIONAL INVESTORS
Pennar Industries Q1 net up at Rs 6.1 cr
First quarter turnover at Rs 123.17 crore More

NEW PROJECTS
Empee Sugars triples net to Rs 1.1 cr
Empee Sugars and Chemicals Ltd has reported a tripling of net profit to Rs 1.10 crore on an income of Rs 30.19 crore for the fourth quarter ended June 30, 2006. During the corresponding period in the previous year, the company reported a net ... More

BRANDS
Britannia plans to set up contract manufacturing units
Locations, biscuit brands identified More

VENTURE CAPITAL
Temasek arm invests $3 m in Everonn
To partly fund expansion plans, projects More






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Top Stories
ONGC to invest Rs 4,976 cr in 2006-07


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Q1 fiscal deficit crosses 50% of entire 2006-07 estimates

Egg exports to Gulf may resume by August 15

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Looking back
Jul. 23-Jul. 29
ITC clarifies on wheat procurement

Spices exports up Rs 48.91 cr in Q1

Panel for restricting entry in railway stations

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EIH announces 12 new projects in India, abroad


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