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Saturday, July 29, 2006
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Industry action plan for SC/ST
Companies will voluntarily provide greater representation for them in employment

SAIL net profit up 23 p.c. in Q1
Board clears six projects

Uptrend halted on BSE, Sensex drops 61 points
MUMBAI: The Bombay Stock Exchange benchmark index, Sensex, swung between 10603.83 and 10787.65 on Friday before winding up 61.36 points lower at 10680.23 on alternate small bouts of buying and selling. On the National Stock Exchange, the Nifty ...

Hindalco promoters to raise stake to prevent takeover
Plan capital expenditure of Rs. 15,000 cr. in three years; copper revenues more than triple

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Barometer


Briefly
Inflation rate declines to 4.52 p.c.
NEW DELHI: The inflation rate fell marginally to 4.52 per cent for the week ended July 15 from 4.68 per cent in the previous week, despite increase in prices of vegetables, some edible oils and metals. ...

Ban lifted on fresh demat accounts
MUMBAI: The Securities and Exchange Board of India on Friday lifted the ban on opening of fresh demat accounts by three depository participants (DPs), namely, lDBI Bank, ING Vysya and Infrastructure Leasing and Financial Services Ltd. It further ...

Importer-exporter code to be issued online
NEW DELHI: In a major step towards cutting transaction costs for trade, the Government has launched an online facility for issuing the Importer-Exporter Code Number (IEC). This code number is the first export related registration that an ...

DoT proposes R&D cess on telcos
NEW DELHI: The Department of Telecom (DoT) on Friday said that it was considering a two per cent cess on telecom companies to promote research and development, a move that would translate into higher phone bills for the customer. ...

New deposit scheme from Repco Bank
COIMBATORE: : Repco Bank has introduced a new deposit scheme called `Diamond' for senior citizens. According to a release, the scheme offers nine per cent interest for two years' deposit. The bank has also extended the time to accept deposits in ...

Special counters for SSIs' excise registration
COIMBATORE: : The Central Excise Department will open special counters in each division of the Coimbatore Commissionerate to help small-scale manufacturers obtain registration certificates. According to a release from the Coimbatore District ...

Calsoft subsidiary to control Japanese firm
CHENNAI: CSWL Inc., a wholly owned subsidiary of California Software, has signed a memorandum of understanding (MoU) to acquire a minimum of 66 per cent equity in Codex Co. Ltd, Tokyo (Codex). The MoU will culminate in a final share purchase ...

SpiceJet announces `Red Hot Special' fares
CHENNAI: : SpiceJet on Thursday announced the opening of its `Red Hot Special' August - September monsoon fares of Rs. 999 for 50,000 promotional seats. These fares will be offered on most of the network. The fares are now available for ...

Maruti's new initiative pays off
CHENNAI: The new initiative, Dil Se, introduced by Maruti Udyog under which Indians residing abroad can gift Maruti cars to friends and relatives back at home, has received good response. Under this, NRIs can place an order online ...

MIPIM Asia 2006
BANGALORE: MIPIM Asia, a leading property market fair in Asia Pacific, will be held at the Hong Kong Convention and Exhibition Centre from September 27 to 29. A series of practical country profiles, providing key information on real estate ...

New ED for Toonz Animation Academy
CHENNAI: Toonz Animation Academy has appointed Radhakrishnan Nair as Executive Director. The Academy is a unit of the Asian School for Film and Media Studies and is backed by Asia's premier animation studio, Toonz Animation India, says a ...

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