Business Daily from THE HINDU group of publications
Wednesday, November 15, 2006
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WEB EXTRAS

NRIS
Commodities summit to attract NRIs
Luring the vast number of NRIs and high networth individuals in the Gulf into the booming commodity futures markets, JRG is organising the Commodities Summit Dubai - 2006 on November 18. Addressing a press conference in Kochi, Mr Regi ... More

ECONOMY
`Offshore financing growing 51 pc'
Prospect looks good for more funds coming in More

Raise external debt-GDP ratio to 25 pc: CII
Raise external debt-GDP ratio to 25 per cent and the proportion of R&D expenditure to one per cent of GDP, the Confederation of Indian Industry (CII) has demanded. In its pre budget memorandum, the chamber has also demanded infrastructure ... More

PHARMACEUTICALS
Zydus files application for obesity drug
The Ahmedabad-based pharma major Cadila Healthcare Ltd (Zydus Cadila) has filed another IND (Investigational New Drug) application for the New Molecular Entity - ZYO1, a drug candidate for treating obesity and related disorders with the Drug ... More

RADIO/TV
TV 18 acquires Crisil MarketWire
Media company Television Eighteen India Ltd has announced the acquisition of all assets and staff of financial news agency Crisil MarketWire (CMW) from Crisil Ltd with effect from January 1, 2007. CMW will now be known as NewsWire18 Pvt and from ... More

SOFTWARE
IT staff union set up in Bengal
The first association of employees in West Bengal's IT sector was launched on Tuesday. "Unions do not mean strikes; they ensure workers their rightful dues and also see to it that industry grows," said Mr Shyamal Chakravarty, President of the ... More

CONSUMER FINANCE
HSBC India to enter new segments
HSBC India is looking to reach out to new consumer segments through offerings such as its recently launched HSBC Pragati Finance. Such new offerings and distribution models will enable the bank to reach consumer segments it has so far been ... More

SECURITY
Defence PSUs urged to improve competitiveness
Harness private sector capabilities: Chidambaram More

SHOPPING
India ranks 24 in world's top shopping streets
Delhi's Khan Market most expensive retail location in the country More

EXPORTS & IMPORTS
`Ore exporters must enter into long-term pacts with China'
Ore exporters should strike a long-term agreement with with China and other countries instead of risking their business through spot price contract and then worrying over a downward trend in imports by that country. The industry should also ... More

OUTLOOK
Misys bullish on treasury sector
Banking software provider Misys Banking Systems, which set up its sales office in India in April this year, is bullish on the prospects in the country's treasury and capital markets. The company is eyeing the country's replacement market in ... More

Easterly waves to drive rain in South
Contrary to forecast, a `low' has failed to show up in the Bay of Bengal for the second day running, but the southern peninsula will continue to receive showers from passing easterly waves. The ongoing rainfall activity will continue during ... More






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Looking back
Nov. 5-Nov. 11
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