The Hindu Business Line : Thursday, February 12, 2009

WEB EXTRAS

OUTLOOK: CCEA okays proposal to ease FDI norms
The Government on Wednesday streamlined the methodology for calculating the total foreign investment in Indian companies, under which it has excluded indirect investment routed through entities ultimately controlled by Indians from the ...

AUDITING: Tasks ahead for audit committees
Foremost in the list of ‘ten to-dos for audit committees in 2009’ that Mr Sammy Medora, Chairman of KPMG’s Audit Committee Institute, draws up is this imperative: “Closely monitor the impact of the ...

INVESTOR PROTECTION: SEBI may keep a tab on investment advisors
Chennai, Feb. 11 SEBI is looking at regulating investment advisors and ensuring broking houses set up decentralised arbitration centres to protect investors’ interest, according to Mr M.S. Ray, Executive ...

CARS: Toyota expects to retain over 38% share in MUVs
Hyderabad, Feb. 11 Toyota Kirloskar Motor expects to retain a market share of over 38 per cent in the multi-utility vehicle segment in spite of the tough business environment that saw a fall of about 13 per cent in the MUV business during ...

CULTIVATION: Recession pulls down cocoa products sale
The pinch of economic slow down is felt in the sales of cocoa's end-products mainly in south Indian rural ...

SECURITY: BEL ties up with SELEX, Astra
Bangalore, Feb. 11 Bharat Electronics Ltd (BEL) announced that it has signed preliminary collaborative agreements with two companies — Astra Microwave Products of Hyderabad and SELEX Galileo ...

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Markets (Feb 11)

Nifty (at close)	2,925.70(-8.80)
US Dollar (Buy/Sell)	48.68/70
Brent crude (a bbl) Rs	2,244
Gold (a gram) Rs	1,334
Silver (a kg) Rs	22,440

In Focus
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Feb. 1-Feb. 7
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Lessons from Arthashastra

‘Credit for exporters in foreign currency to be dearer’