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Saturday, July 15, 2006
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Export of select raw materials may be banned
Step to benefit employment-oriented sectors

Exports surge 32 p.c.
Engineering, electronic and minerals record substantial growth

High oil prices take a toll on markets
Sensex recovers partially

TRAI calls for regular report from telcos
Sets six-point checklist

Lamborghini rolls out super luxury cars
The price tag ranges from Rs. 1.65 crore to Rs. 3 crore

India among most preferred private banking destinations — KPMG report
Global M&A activity in the industry is booming

Other Stories



Barometer


Briefly
New taxation law comes into force
NEW DELHI: The Taxation Laws (Amendment) Act that among other things makes it mandatory for charitable institutions and scientific associations with annual receipts of over Rs. 1 crore to file tax returns came into force on Friday. ...

SAT upholds SEBI order on Ketan Parekh
MUMBAI: The Securities Appellate Tribunal on Friday upheld an order of the Securities and Exchange Board of India, debarring stock broker Ketan Parekh from trading in the market for 14 years on the charges of executing illegal and manipulative ...

TDSAT directive to Star
NEW DELHI: Star India has been directed by the Telecom Disputes Settlement and Appellate Tribunal to make available all the channels to ASC Enterprise Ltd. at a rate not more than Rs. 27 per subscriber, exclusive of taxes. ...

Tariff value on palm oils increased
NEW DELHI: The Union Government on Friday increased the tariff value for crude palm oil by $8 to $432 a tonne, while the tariff value was hiked by $37 for crude soyabean to $566. ...

Bank of Japan raises interest rate
TOKYO: Japan's central bank raised its key interest rate to 0.25 per cent on Friday, the first hike in six years, national broadcaster NHK reported, sending the clearest signal yet that the world's second-largest economy has pulled out of a ...

Emkay expands to Coimbatore
COIMBATORE: Emkay Share and Stock Brokers Ltd, a Financial Services Company headquartered in Mumbai, has started a branch in Coimbatore at R. S. Puram. The company has 25 branches and 64 franchisees across the country and its core areas of ...

Autoprint launches new product
COIMBATORE: Autoprint Machinery Manufacturers (Private) Limited, Coimbatore-based manufacturers of small offset printing and allied machines, launched Alca Gamut 250, a "narrow web rotary intermittent label printing machine," in collaboration ...

IMPAL pays Rs. 7 dividend
CHENNAI: Indian Motor Parts and Accessories declared a dividend of Rs. 7 per equity share for 2005-06 on the paid up equity share capital of Rs. 4.16 crore. The record date has been fixed as July 26. Sales turnover for the year ended March 31, ...

HDFC Bank net at Rs. 239 cr. in first quarter
CHENNAI: HDFC Bank has reported a net profit of Rs. 239.30 crore for the quarter ended June 30, 2006, against Rs. 183.53 crore. Total income has increased from Rs. 1,157.68 crore to Rs. 1,855.08 crore. The operating profit has increased to Rs. ...

Audi appoints Rahil Ansari as Country Manager
CHENNAI: Luxury car manufacturer Audi has appointed Rahil Ansari its Country Manager, India. Mr. Ansari has two years experience with Audi AG in the field of price strategy for the markets of Europe and Asia-Pacific. ...

Jet Airways pact with Swiss International
CHENNAI: Jet Airways and Swiss International Air Lines have entered into a reciprocal frequent flyer programme alliance which will benefit frequent flyers of both airlines. Effective July 15, all Jet Privilege members will be able to accumulate ...

Scott McCormack is Ford India's Marketing VP
CHENNAI: : Ford India announced the appointment of Scott McCormack, as Vice President, Marketing, Sales and Service at Ford India. He succeeds V. Sivaramakrishnan who resigned in April. Scott McCormack most recently served as Dealer Development ...

UB Holdings to issue bonus shares in 1:1 ratio
BANGALORE: United Breweries Holdings Ltd, the investment holding company of Vijay Mallya-controlled UB Group, will issue bonus shares in the ratio of one equity share for every one share held. The proposal to issue and allot bonus shares was ...

Visaka Industries Q1 net profit up 136 per cent
HYDERABAD: City-based Visaka Industries Limited has reported a net profit after tax of Rs. 9.19 crore for the quarter ended June 30, 2006, against Rs. 3.90 crore as on June 30, 2005, an increase of 136 per cent. At a press conference here on ...

SriLankan offers `Night out' package
KOCHI: SriLankan Airlines has introduced a special package, `Night Out', for evening flights on the Cochin-Colombo sector. It offers a return fare from Cochin to Colombo for Rs.3,200. The special fare is 40 per cent less than the regular fare ...




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