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A bitter pill for small units
CHENNAI, MAY 7. The State Government can fix or `advise' a cane price that is above the SMP (statutory minimum price). So said a five-judge constitution bench of the Supreme Court in a 3-2 verdict, allowing special leave petitions filed by the ...
Big players can manage
MUMBAI, MAY 7. There has been some concern among sugar manufacturers following the Supreme Court verdict on Wednesday allowing State governments to fix the price of sugarcane, the key input for the sugar industry, above the statutory minimum ...
DGFT launches digital signature facility
CHENNAI, MAY 7. The Directorate General of Foreign Trade (DGFT) today formally launched a `digital signature' facility for those seeking export and import licence from its zonal office in Chennai. It also announced a 50 per cent concession ...
Lufthansa to introduce business class service
NEW DELHI, MAY 7. Encouraged by the growth of nearly 30 per cent in passenger traffic to and from India during last year, Lufthansa Airlines will introduce its new generation business class service on its Airbus 340-300 aircraft in the Indian ...
FINANCIAL SCENE
A committee approach to a burning problem?
A high-level committee has been asked to look at the capital market infrastructure. However its findings, expected after six months, will not redress the grievances of those who invested in ONGC and other issues.
CORPORATE DOSSIER
HDFC net profit up
MUMBAI, MAY 7. Housing Development Finance Corporation Ltd. (HDFC) has reported a profit after tax of Rs. 851.78 crores for the 12 months ended March 31, 2004 against Rs. 690.29 crores in the corresponding period in the previous year, an increase ...
Other Stories
High oil prices dampen market
SFDL to distribute SBI Life products
Rupee steady
MRO-TEK pays 20 p.c.
Barometer
Stock Market Index
Exchange rates
Bullion rates
Briefly
Efforts to resolve Dabhol debacle
NEW DELHI, MAY 7.A solution to the troubled Dabhol Power project appears to be in sight with IDBI-led financial institutions eager to thrash out their disputes with offshore lenders at the forthcoming meet on May 12 in London. Moves are also ...
Marginal drop in inflation
NEW DELHI, MAY 7. After remaining firm for two consecutive weeks, inflation fell marginally to 4.26 per cent during the week ended April 24 even as prices of fruits, vegetables, eggs and various manufactured items, including edible oils have ...
Other Stories
Trigger to launch kids wear
State Bank of Mysore net up 52 p.c.
Syndicate Bank to tap market
Crude hits $40
Templeton picks up stake in Aurobindo Pharma
Maybach lures billionaires
PCS' software for courier industry
Asian Paints gets APPCB funding
ISB's global executive programme
UCO Bank profit up
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