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CECA will not cause flood of imports: Kamal Nath
Singapore has now become an important investment hub

Fears on outsourcing exaggerated: WTO
Services import on same rationale as merchandise

Sensex up 74 points
MUMBAI: Shrugging off the slowdown in GDP growth, the Sensex on Thursday surged further by a steep 73.97 points to climb at a new closing high of 7193.85 on the Bombay Stock Exchange driven up by sustained heavy buying by foreign institutional ...

Canara Bank kicks off centenary celebrations
Lines up a slew of products; to raise Tier-II capital

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Barometer


Briefly
Purchase preference policy extended
NEW DELHI: The Union Cabinet on Thursday decided to extend the purchase preference policy (PPP) for products and services of Central public sector enterprises by a further period of three years, up to March 31, 2008, with certain modifications ...

Credit cards to come under Ombudsman
MUMBAI: The RBI has proposed amendment to the Banking Ombudsman Scheme (BOS) to include customer complaints relating to credit cards, the central bank said in its draft B0S released on Thursday for public comments. It has also proposed inclusion ...

EU to probe into Indian work shoe imports
BRUSSELS: The European Union is opening an anti-dumping investigation into surging imports of Chinese and Indian work shoes, a spokesman for the EU's executive commission said on Thursday. Having found ``that there is sufficient evidence to ...

International textile fair in Coimbatore
COIMBATORE: Hitech International Trade Fair, a trade fair and exhibitions organising company, will conduct an "International Textile Technology and Machinery Expo" here from March 3 to 6 next year. Its chairman, M. A. Rayappan, said more than ...

Sundram Fasteners net at Rs. 69 cr.
CHENNAI: Sundram Fasteners recorded total sales and other income of Rs. 931 crore for the year ended March 31, 2005 against Rs. 692 crore in the previous year. The net profit after tax stood at Rs. 69.39 crore against Rs. 57.90 crore. The ...

Syndicate Bank's efforts to reduce NPAs
CHENNAI: Syndicate Bank had taken several proactive measures to reduce non performing assets (NPA) and the net NPA has come down steadily to 1.59 per cent in 2005 from 4.29 in 2002, said R. Chandrasekar, General Manager (Recovery). Addressing ...

Barista Coffee to open eating joints
CHENNAI: Barista Coffee Company, a wholly-owned subsidiary of Sterling Infotech Group, is changing its positioning from a premium retail coffee outlet to that of an eating joints, which will be serving pre-cooked quick-bites along with other ...



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