Business Daily from THE HINDU group of publications
Thursday, March 15, 2007
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Markets (March 14)
BSE Sensex12529.62(-453.36)
S&P CNX Nifty3641.10 (-129.45)
US Dollar (Buy/Sell)44.28 (+0.06)


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WEB EXTRAS

TELECOMMUNICATIONS
i-Mate to target mass market thru global campaign
Aims to grow by four times; to introduce new phone models More

POLICY
Ambiguities in Aircraft Bill: Panel
The Parliamentary Standing Committee on Transport, Tourism and Culture has expressed the view that The Aircraft (Amendment) Bill, 2006 was a "piece meal" effort on part of the Government. "A lot of ambiguities exist regarding the role of ... More

SUGAR
`Stake increase will force Shishir Bajaj into negotiations'
Will avoid the delay of going to CLB and court settlements More

AGRICULTURAL POLICY
AP to procure turmeric at market rates
With turmeric farmers demanding remunerative prices for their produce in the last few weeks, the Andhra Pradesh Government has decided to intervene and procure turmeric at commercial rates beginning Monday. The move is likely to trigger an ... More

FINANCIAL MARKETS
Fickle capital flows and equally fickle market psychology
The day's headlines are about Sensex tumbling over 453 points on funds selling, markets plunging, and global sell-off melting the indices. One also saw quite a few `tanks', `nosedives' and `falls' in the market reports . `Have the markets gone ... More

COMMODITY MARKETS
Bearish activities push down pepper futures
Pepper futures declined on Wednesday on bearish activities and reports of $25 drop in Vietnamese prices. Reports that the Centre was unlikely to extend export subsidy for pepper also had an impact on the prices. Add to this March contract on ... More

MERGERS & ACQUISITIONS
Creative accounting can thrive on gaps in M&A standards
In India, at present, there is no accounting standard corresponding to IFRS-3 dealing with acquisition of an entity as a subsidiary on day zero, leaving some significant issues un-addressed. MR PAUL ALVERAS, A SENIOR PROFESSIONAL IN A MEMBER FIRM OF ERNST & YOUNG GLOBAL. More

TOURISM
SriLankan Air banks on MICE to pull tourists in
Better connectivity, `visa on arrival' policy likely to lure more More

PERFORMANCE
Net loss of Kerala PSUs declines
The state-level public sector undertakings in Kerala have performed better, albeit collectively, in 2005-06 with a significant reduction in net loss as compared to the previous year. The net loss during the year was Rs 114.18 crore as against a ... More

BOOKS
Meetings are indispensable
The clown sings in Twelfth Night: `Journeys end in lovers meeting... ' Alas, company meetings are different journeys, which you can't wish away. For, "Meetings are indispensable when you don't want to do anything," as John Kenneth ... More






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Union Budget 2007-08

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Top Stories
`Coal India's profits for 2006-07 may dip'


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Looking back
Mar. 4-Mar. 10
Silicon Image to bring in high definition tech

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Aurobindo Pharma on course to emerge global generic major



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