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INDUSTRY & ECONOMY
AUTOMOBILES:
Public sector banks on fast track now
AUTO LOANS. New Delhi, Dec. 3 It’s a reversal of roles. Public sector banks now have more customers knocking on their doors for auto loans than private banks, which were leading the race ...
PETROLEUM:
Indian crude basket dips to $43.17 a barrel
Oil cos make profit on auto-fuels; loss continues on cooking gas. New Delhi, Dec. 3 The Indian crude basket has hit a fresh low for the current fiscal on Tuesday at $43.17 a barrel. The crude basket, which has fallen 70 per cent since it hit a ...
CEMENT:
Cement cos’ inventory dips, outlook still bleak
Exports revive; sales up in southern markets. Mumbai, Dec 3 Despite a gloomy outlook, cement major ACC, Ambuja Cement and Aditya Birla Group have managed to bring down inventories marginally in November on the back of revival in export demand ...
INFRASTRUCTURE:
Now, for a stimulus
Recently, the Prime Minister, Dr Manmohan Singh, reiterated what he has been saying the last few years — that India needs to invest around $500 billion in “economic and social infrastructure”. Two years ago, in October 2006, ...
RADIO/TV:
‘Channel ratings tend to operate in a band’
Rajesh Kamat, CEO, Colors, in a candid conversation about the issues and concerns faced by the Hindi general entertainment channels today.. The mandate given by Viacom18 to the 34-year old Rajesh Kamat, Chief Executive Officer, Colors was to put ...
REAL ESTATE & CONSTRUCTION:
Mumbai, fifth most expensive office market: Survey
Occupancy cost at about Rs 700/sq ft a month. Mumbai, Dec. 3 While Mumbai’s Nariman Point dropped to fifth place, London’s West End and Moscow remain the world’s two most expensive ...
SECURITY:
Security stepped up at Vizag
Visakhapatnam, Dec. 3 In the aftermath of the terror attacks in Mumbai, hotels and other establishments here have become more security-conscious, realising their vulnerability, and security is much more ...
EXPORTS & IMPORTS:
Fertiliser importers lose out even in declining price situation
Import parity price not so beneficial to importers. New Delhi, Dec. 3 Crashing international prices normally spell good times for ...
TERRORISM:
‘IT can help create a national intelligence grid’
Infosys co-Chairman Nandan Nilekani says the Mumbai terror incidents have reinforced the need for a national intelligence grid with real-time mapping of information. IT companies can really help in this, he ...
EDUCATION:
PM calls for corporate support to science education
Bangalore, Dec. 3 The Prime Minister, Dr Manmohan Singh, has called upon corporate India to invest in science research and education to supplement governmental funding to support ...
EDUCATION:
ICFAI sets up mgmt institute
ICFAI National College (INC) has set up Adam Smith Institute of Management (ASIM) to provide academic support and placement assistance to students interested in pursuing MBA programme of the ICFAI University, Tripura. The institute would ...
REAL ESTATE & CONSTRUCTION:
Mir Realtors entering budget housing sector
Kochi, Dec. 3 Mir Realtors, the construction and real estate arm of the South India based Mir Group, is planning to enter the budget housing sector ...
TERRORISM:
Pak should take direct and tough action: Rice
New Delhi, Dec 3 The US Secretary of State Ms Condoleezza Rice today said that Pakistan has a special responsibility in ensuring that the perpetrators of the terrorist strikes in Mumbai last week are brought to justice, says ...
AUTOMOBILES:
Auto sector bracing for single digit growth: SIAM
‘Commercial vehicles segment declines’. Hyderabad, Dec. 3 With the impact of the economic slowdown increasing, the country’s automotive sector is likely to close the year with a single digit growth, according to industry ...
TERRORISM:
Karnataka presents security wish-list
Bangalore, Dec. 3 Bangalore, IT hub and a hypersensitive security area, urgently needs an NSG (National Security Guards) unit among other reinforcements to counter the terror threat facing it, the Karnataka Chief Minister, Mr B.S.Yediyurappa, ...
PSU:
Kerala outlines steps to revive PSUs
Thiruvananthapuram, Dec. 3 The Kerala Government has initiated a number of measures to put the loss-making public sector units on healthy track, according to the Minister for Industries, Mr Elamaram ...
HEALTH:
Cerebral palsy: ‘No vaccine in sight, but healthcare can help’
Hyderabad, Dec. 3 A kid who cannot walk, some who cannot talk, others who are handicapped to work have a common thread binding them — they are helpless to live on their own. This is the story of many special children, living a ...
SCIENCE & TECHNOLOGY:
IISc centenary
...
TERRORISM:
Paying homage
...
FOREIGN TRADE:
India-Asean FTA misses deadline for the third time
The “indefinite” postponement of the 14th Asean Summit in Thailand, following the sacking of the Prime Minister of Thailand, Mr Somchai Wongsawat, by the Constitutional Court on Tuesday, has led to the deferment of the signing of ...
INDUSTRY ASSOCIATIONS:
FAPCCI award winners announced
Hyderabad, Dec. 3 The Federation of Andhra Pradesh Chambers of Commerce and Industry has announced the list of winners for ...
RURAL DEVELOPMENT:
‘Changemakers’ award for NGO
Mangalore, Dec. 3 Two financial initiatives of the Dakshina Kannada-based non-governmental organisation Shri Kshethra Dharmasthala Rural Development Project (SKDRDP) – ‘Pragathibandhu’ and ‘Sampoorna ...
EDUCATION:
New career training school
Hyderabad, Dec. 3 Canada-based Academy of Learning and Crux Management Services, Hyderabad have formed a joint venture to offer career-oriented training courses in ...
FOREIGN DIRECT INVESTMENT:
‘Australia too has cumbersome investment norms’
“Investment in Australia is not easy,” says Ms Anita Nayar, Consul General of India in ...
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Markets (Dec 03)
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| Nifty (at close) | 2656.45(-1.35) |
| US Dollar (Buy/Sell) | 49.97/98 |
| Brent crude (a bbl) Rs | 2,307 |
| Gold (a gram) Rs | 1,174 |
| Silver (a kg) Rs | 16,845 |
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