Business Daily from THE HINDU group of publications
Tuesday, February 13, 2007
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WEB EXTRAS

EXCISE AND CUSTOMS
Petroleum Ministry seeks excise duty cut on diesel
To enable a reduction in fuel prices and contain inflation, the Petroleum Ministry has sought a Re 1 per litre excise duty cut on diesel. The Petroleum Minister, Mr Murli Deora, has written to the Finance Minister, Mr P. Chidambaram, asking for ... More

TEA
Premier's Tea to open more `tea boutiques'
To target domestic niche market More

WATER
Karnataka bandh peaceful
`Loss due to strike may be over Rs 500 crore' More

CARS
Car sales up 24%, bikes 12% in Jan
The year began on a festive note for passenger carmakers with sales growing by 24 per cent in January 2007. According to figures released by the Society of Indian Automobile Manufacturers (SIAM), domestic car sales in January stood at 1,04,488 ... More

CONSULTING
RSM merges with PwC
The financial and professional services provider RSM and the tax advisor PricewaterhouseCoopers have decided to merge their tax practices effective April 1. The combined operations will be under the common brand of PricewaterhouseCoopers. ... More

SOCIAL WELFARE
Feeling the pinch
The State Government can do quite a bit to mollify its citizen consumers and provide some succour to tide over the current inflationary phase in the State. More

PUBLIC SECTOR BANKS
`New biz strategy has helped Bank of India's profitability'
CBS adoption, higher low cost funds behind good show: CMD More

ASSET MANAGEMENT COMPANIES
Arindam Ghosh may become regional head for Mirae Asset
Mr Arindam Ghosh is tipped to take over as Head of Regional Business Development for Asia Pacific at Mirae Asset, the South Korean asset management group that intends to set up operations in India, it is learnt. Mirae, which when permitted will ... More

OVERSEAS INVESTMENTS
GHCL acquires US co Best Manufacturing for $35 m
GHCL Ltd has acquired US-based home textile player Best Manufacturing Group for $35 million through its international subsidiary GHCL Inc. Best Manufacturing has an annual turnover of around $160 million and is a leading producer and ... More

ONGC, Italy's ENI to go for asset swap
Agreement likely to be signed today More






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Top Stories
Analjit keeps options open on hiking stake


Petroleum Ministry seeks excise duty cut on diesel

GHCL acquires US co Best Manufacturing for $35 m

Insurers on marketing drive for pension plans

World Bank ready to enhance loan assistance

Hindalco shares crash 13.74%

Reliance may face further delay in rigs deployment

`New biz strategy has helped Bank of India's profitability'

Looking back
Feb. 4-Feb. 10
Pepper prices rise over 60 per cent in 2006

Pepper prices likely to scale new heights

NTPC nearing long-term pact with Nigeria

Airbus sees Indian passenger fleet rising 5-fold in 20 years

Budget expectations of financial services sector



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