The Hindu Business Line : Tuesday, August 29, 2006

COMMODITY EXCHANGES
Buying support keeps pepper hot
On NCDEX, September contracts went up by Rs 295 a quintal to Rs 11,560 from the weekend close. On NMCE, it increased by Rs 304 a quintal to Rs 11,460. The increase in other positions on NCDEX was Rs 323-379, while on NMCE, it was Rs 100-227. ... More

Coonoor tea prices increase
For the second consecutive week, tea auctioneers reported of good business at the auctions conducted by the Coonoor Tea Trade Association (CTTA) last week. "This week also, we sold 100 per cent in our catalogue. This was possible because the ... More

OPEN OFFERS
Mylan to buy Matrix for $736 m
51.5% acquisition through deal, 20 pc through open offer More

STRATEGY
Coir exports top Rs 508 cr in 2005-06
50,000 tonnes coir pith shipped More

PETROLEUM
IOC asks Nepal Oil Corp to work out repayment plan
`Difficult to sustain supplies without arrears being cleared' More

PLASTICS
Sintex plans Rs 410-cr expansion
Sintex Industries, a plastic tanks and textiles manufacturer, has chalked out a Rs 410-crore expansion plan that will be implemented over four years, starting with the current fiscal. Of the amount, Rs 180 crore is to be invested in textiles ... More

POLICY
Kerala comes up with `Lucky VAT' scheme
Scratch cards to carry prizes ranging from Rs 10 to Rs 1 lakh More

SOFTWARE
3i Infotech plans thrust on consulting, managed services
To focus more on eGovernance projects More

TRADE & LABOUR UNIONS
`Govt must allow PSBs to take over private banks'
The All-India Private Sector Bank Officers' Federation (AIPSBOF), a wing of All-India Bank Officers' Confederation (AIBOC), has urged the Union Government to officially permit the public sector banks (PSBs) to negotiate with promoters of the ... More

ALLIANCES & JOINT VENTURES
BoI ties up with Dai-Ichi, Indian partner to enter life insurance
To hold majority stake; third partner not finalised More

OUTLOOK
Rains may return to central, western India
The rains are threatening to come back with a vengeance to Central and West India with the latest `low' in the Bay of Bengal showing signs of intensifying, and, most importantly, beginning to deviate from the forecast path. The system was ... More