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Monday, December 29, 2008
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HUMAN RESOURCES: Staff wages, directors’ pay move in sync with co profits
Sample study of 350 NSE listed cos for 2002-03 to 2007-08 period. Chennai, Dec. 28 Mercator Lines, a shipping company, has seen its profits grow from a modest figure of around Rs 5.5 crore in 2002-03 to a sum in excess of Rs 165 crore in ...

CORPORATE GOVERNANCE: Satyam mulls dilution of promoters’ stake
Names DSP Merrill as adviser; board to meet on Jan 10. Hyderabad, Dec. 28 With pressure mounting on the management to take more action than just considering a share buyback, Satyam Computer Services has said that it is weighing options of ...

CORPORATE GOVERNANCE: Economy will bounce back faster, says Jhunjhunwala
Hyderabad, Dec. 28 The Indian economy will bounce back much faster and more vigorously than most people anticipate. This will be driven by swift upswing in domestic demand, according to Mr Rakesh Jhunjhunwala, equity and ...

VENTURE CAPITAL: Sinhal Classes in talks for VC funding
Mumbai, Dec. 28 Sinhal Classes, the city-based chain of coaching centres, is scouting for venture capital investments into its newly formed subsidiary company that will spearhead the business of setting up educational Web ...

NEW PROJECTS: Aparna Group to foray into affordable housing segment
Hyderabad, Dec. 28 Aparna Constructions — which is in the process of raising 14 high rise towers through a special purpose vehicle (SPV) with Morgan Stanley, and another project with JP Morgan — is now considering a foray ...


Columnists: C Gopinath Harish Bijoor Ramanujam Sridhar Radhika Chada K Srikrishna




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Markets (Dec 27)
Nifty (on Dec 26)2857.25(-59.60)
US Dollar (Buy/Sell)48.39/40
Brent crude (a bbl) Rs1,709
Gold (a gram) Rs1,241
Silver (a kg) Rs18,305

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In Focus
Pravasi Bharatiya Divas, Singapore

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Other Top Stories
Fall in premium, stock market volatility confront general insurers

Economy will bounce back faster, says Jhunjhunwala

Bonds pause ahead of year-end; traders await policy intervention

Centre dithers over MSP for wheat, rapeseed-mustard

India – past and present

Looking back
Dec. 21-Dec. 27
Land for titanium project: Tata Steel disappointed with TN Govt

GAIL agrees to supply additional gas to RIL

Oil cos put on hold plans to invest in Brazil

NTPC chalks out ‘green plans’

Reliance Petroleum jumps on Jamnagar fuel




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