COMPANIES & SECTORS


Sharad Matade 09 March 2011
Soaring raw material prices—mainly coking coal—in international markets have now forced domestic steelmakers to increase prices of their products between Rs300-Rs500/tonne Indian steel majors have increased their product prices marginally to offset soaring prices of raw materials-coking coal...

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Veeresh Malik Veeresh Malik 08 March 2011
Employees will be the main sufferers as software, BPO firms evaluate their options following the government’s decision to end special status for these companies Within hours of the finance minister announcing the end of the Software Technology Parks of India (STPI) scheme and the...

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Anand Datla Anand Datla 07 March 2011
When the iPad was launched in 2010, Apple gave a boost to the tablet genre. The second generation iPad 2 helps consolidate Apple’s leadership in this space. Unfortunately, this move also reaffirms Apple’s shoddy treatment of the Indian market, where it has consistently sold obsolescence at a...

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Moneylife Digital Team 04 March 2011
Concerns over the wider disruption of supplies from OPEC countries could fuel further oil price increases, but at the same time improve realisations of oil companies in India which are reeling under under-recoveries Soaring prices of crude oil in the international markets due to the...

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India is recognised globally for its wealth of wisdom in alternative therapies like ayurveda and yoga. But tourism operators complain that not enough is being done to promote such wellness facilities In the late 60s, when The Beatles came to India, they visited Maharishi Mahesh Yogi's ashram...

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Moneylife Digital Team 01 March 2011
Maruti Suzuki, Tata Motors and Mahindra & Mahindra record between 12% and 20% growth, two-wheeler makers Hero Honda, TVS Motor, Suzuki Motorcycle do even better, in a repeat of the January performance Indian auto makers are celebrating another month of better-than-expected sales, with major...

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Yogesh Sapkale Yogesh Sapkale 01 March 2011
The move to remove tax sops with regard to SEZs seems at odds with the governmental policy and may spell the death knell for SEZs—once a hot favourite among corporates Special Economic Zones (SEZs), once the hot favourite of Corporate India (as well as politicians and bureaucrats) have been...

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Moneylife Digital Team 28 February 2011
Finance minister has hiked duty on iron ore export to 20% in order to restrict export and conserve resources. The duty increase would hurt Sesa Goa, the largest private exporter of iron ore from the country The finance minister today proposed to increase the export duty on all types of iron...

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Alekh Angre 28 February 2011
After finding the involvement of the company promoters in price-rigging, SEBI banned them from trading. However, questions are still being asked about Murli Industries’ accounting practices, where without taking on any fresh debt, its interest costs have doubled in the third quarter Murli...

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Moneylife Digital Team 25 February 2011
A uniform, simplified taxation system will benefit TV and newspaper businesses that have been growing fast through the launch of regional channels and editions When Union finance minister Pranab Mukherjee presents the Budget on Monday, media companies will be hoping that he will give them a...

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Sharad Matade 25 February 2011
ICVL, the joint venture between five State-owned companies, is also participating in the bidding process for acquisition of equity in some underdeveloped coal assets abroad International Coal Venture Ltd (ICVL) is reviewing several proposals for acquiring coal assets in Australia with a view...

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Sharad Matade 25 February 2011
Illegal mining of minerals has been impacting various industries as well as the country’s economy, and the amendment will strengthen the monitoring mechanism for end-to-end accounting of minerals produced, traded or exported, and consumed in India The government has amended Rule 45 of the...

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Veeresh Malik Veeresh Malik 24 February 2011
Before you sign on the dotted line to insure your automobile,  read the fine print carefully, with some help from Veeresh Malik As Moneylife has been constantly reporting, competition on the automobile insurance front is heating up, especially among private insurance companies. For a change,...

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Sharad Matade 24 February 2011
Improving manufacturing indices in the US and the EU has led to the increased demand; worldwide production up 5.3% to 119 million metric tonnes in January compared with 113 million metric tonnes during the same month of the previous year World crude steel production spiked 5.3% to 119 million...

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Munira Dongre 23 February 2011
While most brokerages say that the deal will shift focus away from RIL’s hitherto underperforming E&P segment to refining and petrochem, questions remain over the company’s hurry to monetise these assets On Tuesday, newspapers front-paged the $7.2 billion deal between BP and Reliance...

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Shukti Sarma 22 February 2011
The latest foray in this sector is from TVS Shriram Growth Fund, which has invested an undisclosed sum in Indian Cookery Private Limited, promoted by celebrity chef Sanjeev Kapoor & Better Value Brands. But analysts say that there could be some hiccups in this line of business Is 'dining...

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Sharad Matade 22 February 2011
According to estimates, demand for cement is likely to go up by 10%, while production may soar by 12%—analysts expect the demand-supply mismatch to touch 107.70 million tonnes Cement producers may face a tough time in the next fiscal due to soaring input costs and a surplus in supply, amid...

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Alekh Angre 18 February 2011
The State has increased milk procurement prices by Rs2 per litre for cow milk and Rs2.5 per litre for buffalo milk. This hike will also have a direct impact on the prices of milk products—curd, paneer and shrikhand After the spiralling onion prices that made the 'aam aadmi' weep, now it's the...

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