Business Daily from THE HINDU group of publications
Thursday, April 16, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Thursday, April 16, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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WEB EXTRAS CARS: Tata brands hitch a ride on Nano Titan, Croma, Westside expect discount coupon offers to boost sales. Chennai, April 15 While the booking forms for Tata’s Nano are selling like hot cakes, the spin-off benefits could well be accruing to other Tata group companies which ... OUTLOOK: The effects of changes in AS 11 rules The ICAI’s announcement on March 29, 2008, three days prior to the close of FY 2008-09, directing entities to account for derivatives by adopting AS 30 ahead of time or to provide for losses based on prudence, took many by surprise. Many ... POWER: L&T signs pact with Russian reactor co Atomstroyexport Company’s third MoU for nuclear reactors. Mumbai, April 15 Engineering and construction company Larsen and Toubro and Atomstroyexport (ASE) of Russia have signed a memorandum of understanding (MoU) for co-operation relating to Russian ... OUTLOOK: Consolidation of promoter-driven companies International Financial Reporting Standards (IFRS) is fast becoming the governing language of global financial reporting. India too will converge to IFRS in 2011. Contrary to popular belief, most standards have an impact on the financial ... BREWERIES: United Spirits sales volumes up 20% in 2008-09 Bangalore, April 15 United Spirits, the world’s third largest liquor company, on Wednesday said its volumes grew 20 per cent to 90 million cases ... OUTLOOK: Asian School of Business to have own campus next year Thiruvananthapuram, April 15 The city-based Asian School of Business (ASB) will move into its own campus only by early next ... SOFTWARE: ‘Too early to talk of a recovery’ Bangalore, April 15 Infosys Technologies, which saw the global financial crisis put on hold its growth run, said it is too early to talk of a recovery and expects the uncertainty ... ACCOUNTANCY: ‘Recession’ accounting There is a saying that no man is really successful until his mother-in-law accepts it. As far as accounting regulations are concerned, no law can be said to have been passed till the small print appears in the Official ... DERIVATIVES MARKETS: Cos raising funds via non-convertible debentures Take advantage of daily put and call option. Mumbai, April 15 In the current scenario of easy liquidity in the banking system, companies with high investment grade rating are finding it economical to raise funds by floating non-convertible ... SOFTWARE: IT budgets in BFSI space to shrink 6-10% this fiscal: Infosys New Delhi, April 15 IT budgets in the Banking, Financial Services and Insurance (BFSI) space are expected to shrink about 6-10 per cent during FY10, a top Infosys official said on Wednesday. However, the company is seeing select opportunities ... EXPORTS & IMPORTS: Turmeric exports may top 50,000 t Exports of turmeric in 2008-09, despite the global economic recession coupled with higher prices of the commodity consequent to short supply, are expected to cross the set target of 50,000 tonnes in quantity and Rs 160 crore in ... SOFTWARE: Satyam board moves CLB for stake sale to Tech Mahindra New Delhi, April 15 The board of Satyam Computer Services has sought the Company Law Board’s (CLB) nod for sale of stake to the highest bidder, ... DERIVATIVES MARKETS: Pepper futures maintain upward trend Kochi, April 15 Pepper futures market on Wednesday went up steeply on strong domestic demand and tight supply position. Ready pepper was virtually not available as growers were holding back anticipating that the prices would touch Rs 15,000 ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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