Business Daily from THE HINDU group of publications
Friday, May 11, 2007
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Bajaj Auto to consider demerger on May 17
Some cash reserves may go into finance, insurance biz More

Asian Paints Q4 net trebles on sales push
Asian Paints Ltd has reported a net profit of Rs 69.08 crore (Rs 20.08 crore) for the fourth quarter ended March 31, 2007, backed by higher sales. Sales for the quarter under review increased by 29 per cent to Rs 727 crore from Rs 564.4 crore. ... More

SEZ units may have to allot shares for land
Rehab policy to cover cases of involuntary displacement More

LIC gets lion's share in Maruti stake sale
Life Insurance Corporation, State Bank of India, Reliance Mutual Fund, Punjab National Bank, HDFC Mutual Fund and Corporation Bank have together bagged over three-fourths of the 2.97 crore shares of Maruti Udyog Ltd (MUL) that was put on the ... More

SBI Mutual launches infrastructure fund
SBI Mutual Fund has launched `SBI Infrastructure Fund - Series I', a three-year close-ended growth fund, to invest in the equity of a diversified basket of companies directly or indirectly involved in infrastructure and in the debt markets. ... More

Monsoon sets in early over Andaman Sea
`Conditions favourable for further advancement' More

Focus turns to mid-cap cos with insurance link
Growth of the sector drawing fund managers More

Liberalised remittance scheme: RBI prohibits some transactions
The so-called Liberalised Remittance Scheme is liberal no more. After raising permissible remittance limit to $100,000 per person per annum, the Reserve Bank of India now expressly prohibited certain transactions. It has now clarified that ... More

All sick fertiliser units will be revived: Paswan
Rs 22,000 crore will be spent for this programme More

SRIT develops algorithm for contextual search
"You are a diabetic and your leg gets infected... what's that word?" You snap your fingers and turn to your colleague for help. "Gangrene" - that's the answer you were hunting for. Your friendly desktop search engine would not be able to ... More

TRAI tightens screws on Internet service providers
Action against non-serious players; cos must pay annual licence fee More

Norms for domestic airlines flying abroad may be reviewed
The Government plans to review by the end of the year the current norms for domestic airlines flying abroad , the Minister for Civil Aviation, Mr Praful Patel, said here on Thursday. "We could review the norms for allowing airlines from India ... More

Laws of opportunity
Britain's Law Minister makes a strong case for Indo-UK tie-ups for legal services. More


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