Business Daily from THE HINDU group of publications
Friday, June 08, 2007
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WEB EXTRAS

ENVIRONMENT
Climate change challenges
This year's World Environment Day focuses on the effects that climate change can have on ecosystems and communities such as Kerala, whose coastal zones could be irreparably damaged, resulting in a loss of tourist traffic. More

FOREIGN TRADE
`Leverage supply chain through tech product exports'
India must focus on production efficiency than low labour costs More

SOFTWARE
`New IT clients are coming in at higher price points'
To the IT industry, the rising rupee is a cause for concern. An appreciating rupee significantly affects the profitability of the information technology (IT) and the IT enabled service (ITES) sectors. The rupee has risen close to 9 per cent ... More

WATCHES & ACCESSORIES
Seiko enters India with premium watches
Japanese Seiko Watch Corporation on Thursday made a foray into the Indian market with its latest range of premium and luxury watches. Targeting customers between 25 and 40 years, Seiko would launch over 110 watches in the price range of Rs ... More

FOREIGN INSTITUTIONAL INVESTORS
Foreign investors pick up 16.47% stake in TMB
Foreign investors have picked up 46,862 shares of Tamilnad Mercantile Bank Ltd (TMB), which works out to 16.47 per cent of the paid-up equity of the bank, sources in the know told Business Line today. Members of the Nadar community have ... More

EXPORTS & IMPORTS
Port curbs on Lanka quota tea imports off
The Finance Ministry has done away with port restrictions on imports of quota tea from Sri Lanka at a concessional rate under the Indo-Sri Lanka free trade agreement (FTA). Under the FTA, up to 15 million kg of tea from Sri Lanka can be ... More

OUTLOOK
`Leading edge' of reviving monsoon enters mainland
The `leading edge' of the reviving monsoon has made its presence felt along coastal Karnataka and further east into Andhra Pradesh, bringing good rainfall over these regions in the 24 hours ended Thursday morning. The "leading edge" of a ... More






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