The Hindu Business Line : Tuesday, February 20, 2007

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WEB EXTRAS

COMMODITY EXCHANGES
Pepper futures gain
Pepper futures on NCDEX gained Rs 202 per quintal at Rs 12,861 on rumours that the Spices Board may revive the 7 per cent export subsidy, which was scrapped two weeks ago. Kapas and kapaskhali futures on MCX were up 1.57 per and 3.77 per cent ... More

ANDHRA PRADESH
AP Plan outlay up at Rs 32,973 crore
Irrigation, housing, agriculture get bigger share More

OUTSOURCING
Hind Copper to outsource mining to Australian co
Takes service contract route to revive closed mine at Jharkhand More

AGRICULTURE
IFC keen to support units in agri-biz space
Exposure to Indian cos may rise to $800 m More

REAL ESTATE & CONSTRUCTION
Afcons plans to raise up to Rs 250 cr thru IPO
The ongoing Rs 75-crore, oil jetty project at Port Louis Harbour is the first major project being implemented by an Indian construction company, here. More

MERGERS & ACQUISITIONS
Collins Stewart stake in Inga
Global financial services provider, Collins Stewart, has picked up a 50 per cent stake in Inga Advisors Private Ltd, a Mumbai-based Category-I Merchant Banker. Inga Advisors has been promoted by Mr G.S. Ganesh, a chartered accountant, Mr Ravi ... More

INCOME TAX
Restore standard deduction for salaried employees
The Budget process should be fiercely on for its presentation on February 28. Many changes or amendments in the Income Tax Act should not be expected because of the new Income Tax Bill, which is likely to be introduced in the Budget session of ... More

OUTLOOK
Easterlies drive rain in South
Easterly winds packing a smattering of moisture have been causing scattered rainfall in extreme southern peninsula over the past few days. Convective activity may also have contributed to the denouement with some places in southern Tamil Nadu, ... More

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Looking back
Feb. 11-Feb. 17
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`Natural gas output to double by 2009'

Headstrong eyes mortgage market

GHCL acquires US co Best Manufacturing for $35 m

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Petroleum Ministry seeks excise duty cut on diesel

Tata Advanced Materials bets big on aerospace composites