Financial Daily from THE HINDU group of publications
Thursday, April 06, 2006
Markets (April 5)
BSE Sensex11746.90(+108.89)
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US Dollar (Buy/Sell)44.61


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INDUSTRY & ECONOMY

WTO


India has big stake in Doha Round: Lamy
Developing countries must relent on industrial tariffs More

`Developing countries need special treatment'
The Confederation of Indian Industry (CII) has urged the World Trade Organisation (WTO) to ensure that developing countries are given special and differential treatment (S&D) as per the mandate of the ongoing Doha negotiations. In a letter to ... More

NON-CONVENTIONAL ENERGY


MSPL adds capacity
MSPL Ltd, a leading iron ore mining and exporting company in Karnataka, has added 5.20 MW at its Harihar wind farms in the State. The company recently commissioned nine turbines of 600 KW capacity. With this addition, the ... More

ECONOMY


Pawar to hold meet on farmers' suicides
The Chief Ministers and Agriculture Ministers of the four States hit by farmers' suicides would meet the Union Minister for Agriculture and Food, Mr Sharad Pawar, in Hyderabad on April 10. Announcing this, Mr N. Raghuveera Reddy, Agriculture ... More

FOREIGN TRADE


Nod for taxation pact with Kuwait
The Union Cabinet today gave its approval for signing of the agreement for Avoidance of Double Taxation and Prevention of Tax Evasion in respect to taxes on income between India and Kuwait. An official statement points out that ... More

HEALTH


NICL moves to cap claims in medical cover
Efforts on to categorise hospitals, standardise charges More

Pugwash meet on HIV/AIDS
Scientists from various countries will discuss policies and interventions to tackle HIV/AIDS at the 5th Pugwash conference on HIV/AIDS, a three-day conference starting here on April 7. Briefing presspersons on Tuesday on the proposed event, ... More

PETROLEUM


16 cos ready to service ONGC's marginal fields
Developing small fields an expensive proposition for big cos More

Reliance Petro IPO price band at Rs 57-62
Looking to raise Rs 7,695-8,370 crore More

Price cap pushes IOC under-recovery to Rs 7,132 cr
In April, under realisation is expected to touch Rs 2,200 cr More

GAIL LPG plant bags award
GAIL (India) Ltd has bagged the prestigious Sarvashreshtha Suraksha Puraskar for the year 2005 for liquefied petroleum gas plant, Vijaipur, Madhya Pradesh. Mr S.P. Rao, Director (Projects), GAIL, received the award from Mr Chandrashekhar Sahu, ... More

IOC plans to lay LPG pipelines to cut costs
More

ONGC fields in Krishna-Godavari to go on stream next year
Technical problems and lack of a weather window have delayed the development of ONGC's G1 and GS15 fields in Krishna-Godavari basin by almost a year. Against the previous target of commencing production by April 2006, the fields are now expected ... More

POWER


$10-b worth pvt investments needed in energy sector: KPMG
`Demand could jump four-fold over the next 25 years' More

TAXATION


Bengal gets Rs 51 cr more as VAT compensation
The Finance Ministry has disbursed an amount of Rs 51 crore to West Bengal towards compensation for the shortfall in revenue collections arising from State-level VAT implementation. The Centre had earlier disbursed Rs 88.07 crore to West Bengal ... More

Working group on CST compensation to meet on Apr 10
The working group set up to work out the modalities of compensation for an appropriate phasing out of Central sales tax (CST) is to meet for the first time on April 10. The first draft of the working group's recommendations is expected by ... More

SSI


Siema seeks subsidy for testing labs
The Southern India Engineering Manufacturers' Association (SIEMA), Coimbatore has sought from the Centre sanction of subsidy to the small and tiny pumps manufacturing units for establishing testing facilities to meet BIS norms. In a ... More

COAL


Central Coalfields project approved
The Cabinet Committee on Economic Affairs (CCEA) on Wednesday approved the sanctioning of Ashok opencast expansion project of Central Coalfields Ltd at an incremental investment of Rs 471.66 crore and an incremental completion ... More

RADIO/TV


Lots for tots!
Childrens' channels are coming into their own, with the entry of five players last year. Their strategy is equal focus on programming and marketing, as well as drawing in a wide variety of advertisers. More

Banking on pester power
Children's channels are perceived as indispensable for kids' and household brands. More

Prasar Bharati ups revenue target
The good times are in for national broadcaster, Prasar Bharati, which recorded 48 per cent hike in gross revenue at Rs 1,230 crore in 2005-06 fiscal against Rs 831.4 crore recorded in the previous fiscal. Doordarshan contributed Rs 960 crore ... More

Cricket: 4 cos bid for overseas rights
Four companies — Zee Telefilms Ltd, Nimbus, ESPN and Sahara — submitted bids to the Board of Control for Cricket in India (BCCI) for the overseas media rights of 25 matches during 2006-2011. The bids are expected to be opened in ... More

EDUCATION


ISB grads bag salary packages above Rs 1 cr
The recruiters include EDS, Tishmen Speyer, Mittal Steel, ITC and HLL. More

EMC, Delhi engg college sign pact
EMC (Benelux) B.V. SARL, a subsidiary of EMC Corporation, and Delhi College of Engineering (DCE) signed an agreement on Wednesday under which DCE would offer information storage and management courses as part of its curriculum from July 2006. ... More

AUTOMOBILE COMPONENTS


Federal-Mogul withdraws Goetze notice
American automotive giant Federal-Mogul Corporation, on March 30, withdrew its notice filed on March 23 with the NSE and BSE regarding its proposed acquisition of 62.3 lakh equity shares of the Rs 465-crore Goetze India Ltd (GIL) ... More

TEXTILE MACHINERY


Ministry to review TUF scheme
TUFS to close down in March 2007 More

TUFS subsidy tenure extended
Long pending demand conceded More

EVENTS


Global customs meet begins today
The World Customs Organisation will be holding a two-day conference and exhibition here from tomorrow. The meet, being held for the first time in India, will be attended by the Union Finance Minister, Mr P. Chidambaram, as the Chief Guest, ... More

ENTREPRENEURSHIP


Anyone can do anything
A call to the advertising industry to allow, if not support, entrepreneurship to make its way. More

INCOME TAX


CBDT guidelines for zero coupon bonds
Recognition for income tax purposes streamlined More

EXPORTS & IMPORTS


India's role in global trade becoming significant: Kamal Nath
Merchandise exports touch $100 billion mark More

Black gram demand-supply gap widening
Crop prospects seen good this year's rabi season More


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Union Budget 2006-2007

Economic Survey 2005-2006


Top Stories
CBDT guidelines for zero coupon bonds


Prasar Bharati ups revenue target

$10-b worth pvt investments needed in energy sector: KPMG

ETA Star, Taj in pact for Dubai luxury project

Metal stocks shine on record high prices

NICL moves to cap claims in medical cover

Reliance Petro IPO price band at Rs 57-62

India's role in global trade becoming significant: Kamal Nath

In Focus

Infrastructure woes stare IT sector
IPO Scams
FDI in retail sector
Dynamic Tirupur
Surging Sensex
Gold scaling new highs
More

In Depth

Bihar Diary
Orissa Diary
Gender Justice
Simple Economics
Tax Talk
More

Looking back
Mar. 26-Apr. 1
`Critical gap' in US Trade Policy

ONGC roadshow: 26 firms respond

Medical kit sector rules out new investments

Cellular operators slap notice on BCCI

`Print media has scope in digital age'

The vital missing track

`I am focussing on structural issues in specific sectors'

Value-added spices export surges

VAT compensation: Karnataka, Bihar, AP get Rs 902 cr

CAS meet: Stakeholders differ on pricing of channels

India gains edge in par-boiled rice market

`Nano tech, the new wealth creator'

PAN holders can view tax statements online

`Businessmen coming back to Bihar'

Actis to invest in pvt power projects

Govt to create more power capacity by 2017

Sample from MP district tests positive for bird flu

Chicken producers declare hatching holidays

Project to produce ethanol from sweet sorghum

ONGC may pay more for OMCs to book profit

Banks raise FCNR (B) deposit rates

New India seeks overseas reinsurance partner

New Jamnagar refinery: RIL looking for partner

Manmohan to discuss power sector reforms with CMs

`Adulteration rampant in edible oils'

Indian tea to gain on rising Kenyan prices

Micro finance attracts high interest at B-schools

Govt set to meet revised estimates for indirect taxes

Grapes turn `sour' for exporters

External debt down by $5 b at $119.2 b

H-1B visa filings for `07 from tomorrow

Copper, zinc producers likely to hike prices



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