PTI - The Press Trust of India Ltd. back issues from March 2006:
Sensex set record at 10,422.65, budget measures to spur growth.
Mar 01, 2006 ... Sensex set record at 10,422.65, budget measures to spur growth Mumbai,Feb 28 (PTI) The benchmark sensex surged to set a new peak at 10,422.65 points on the Bombay Stock Exchange today on agressive buying mainly in auto and cement stocks as investors welcomed proposals to boost ...
Uppal welcomes continued focus on power sector.
Mar 01, 2006 ... Uppal welcomes continued focus on power sector Bangalore, Feb 28 (PTI) The focus on the power sector, facilitation of FDI in infrastructure, the setting up of an empowered committee for power reforms led by Prime Minister involving the states are welcome steps, said ...
PC to take a bigger bite of investors wealth, hikes STT rates.
Mar 01, 2006 ... PC to take a bigger bite of investors wealth, hikes STT rates New Delhi, Feb 28 (PTI) Cashing in on the boom in capital market, Finance Minister P Chidambaram today proposed a 25 per cent hike in the Securities Transaction Tax on all intruments from June 1, 2006. ...
Budget silent on disinvestment, NIF to get Rs 3,840 cr.
Mar 01, 2006 ... Budget silent on disinvestment, NIF to get Rs 3,840 cr New Delhi, Feb 28 (PTI) For the second year in succession, Finance Minister P Chidambaram skipped mentioning disinvestment in his budget speech, but set a target of raising Rs 3,840 crore for National Investment Fund, which ...
GIC Housing to raise Rs 107.70 cr via rights issue.
Mar 01, 2006 ... GIC Housing to raise Rs 107.70 cr via rights issue Mumbai, Feb 28 (PTI) GIC Housing Finance Ltd today said it would be raising over Rs 107.70 crore through the issue of 2.69 crore equity shares on rights basis in 1:1 ratio. ...
Thakur slams three in Indian Oil win.
Mar 01, 2006 ... Thakur slams three in Indian Oil win New Delhi, Feb 28 (PTI) Deepak Thakur slammed three goals as Indian Oil decimated Air India 7-1 in a super league Pool I match of the All India Maharaja Ranjit Singh Hockey Tournament at the Shivaji Stadium here today. Apart from ...
Beverages industry welcomes cut in excise duty.
Mar 01, 2006 ... Beverages industry welcomes cut in excise duty New Delhi, Feb 28 (PTI) Welcoming the Budget proposal to reduce the Excise Duty on aerated drinks, the beverages industry today said it would fuel growth and lead to infusion of fresh investments. "We are grateful that ...
GBS up by 20%, flagship schemes get impressive chunk of funds.
Mar 01, 2006 ... GBS up by 20%, flagship schemes get impressive chunk of funds New Delhi, Feb 28 (PTI) In line with its Common Minimum Programme, the UPA government has hiked gross budgetary support (GBS) for social and infrastructure plan expenditure by 20.4 per cent at Rs 1,72,728 crore in the ...
HLL to merge Vashisti Detergents with itself.
Mar 01, 2006 ... HLL to merge Vashisti Detergents with itself Mumbai, Feb 28 (PTI) Hindustan Lever Ltd today said the merger of Vashisti Detergents Ltd (VDL) with HLL has become effective. HLL has obtained all requisite approvals, filing of order with the RoC and the scheme of ...
Alfa Laval bags Rs 38 cr order from TNPL.
Mar 01, 2006 ... Alfa Laval bags Rs 38 cr order from TNPL Mumbai, Feb 28 (PTI) Alfa Laval (India) Ltd has bagged an order worth Rs 38 crore from Tamil Nadu Newsprint & Papers Ltd (TNPL) for an evaporation plant. The delivery of the equipment would be ...
Jet Airways to raise 800 mn dlrs via intl, domestic mkts.
Mar 01, 2006 ... Jet Airways to raise 800 mn dlrs via intl, domestic mkts Mumbai, Feb 28 (PTI) Jet Airways India Ltd today said it will raise 800 million dollars by way of one or more domestic or international offerings to be made by the issue of equity shares, Global Depository Receipts (GDRs), ...
+Acanthus+ wins the Elusive Pimpernel Plate.
Mar 01, 2006 ... +Acanthus+ wins the Elusive Pimpernel Plate Hyderabad, Feb 28 (PTI) +Acanthus+ (jockey Deep Shanker up) trained by L D'Silva won the Elusive Pimpernel Plate (about) 1400 Metres for Category II horses, on the ...
North Zone defeat Central Zone.
Mar 01, 2006 ... North Zone defeat Central Zone Indore, Feb 28 (PTI) North Zone defeated Central Zone by 14 runs in the Deodhar Trophy one-day cricket match being played at the Usha Raje cricket ground here today. Electing to bat first, North Zone scored 233 for loss of five wickets ...
Budget support slashed for Metro, but tripled for Delhi.
Mar 01, 2006 ... Budget support slashed for Metro, but tripled for Delhi New Delhi, Feb 28 (PTI) The Centre has slashed budget support for the Delhi Metro to more than half of its last year's spending on the sophisticated rail network, but has proposed a three-fold increase in funding for other ...
Simbhaoli Sugar signs agreement with Cargill Int'l SA.
Mar 01, 2006 ... Simbhaoli Sugar signs agreement with Cargill Int'l SA Mumbai, Feb 28 (PTI) Simbhaoli Sugar Mills Ltd today said it has signed an agreement with Switzerland-based Cargill International SA for the export of white sugar. The company has signed the agreement for export of ...
Eight pc duty on packaged software a dampener: IT industry.
Mar 01, 2006 ... Eight pc duty on packaged software a dampener: IT industry Bangalore, Feb 28 (PTI) India's booming software sector said the proposed eight per cent duty on over-the-counter packaged software impedes IT penetration to the vast majority of the masses. This view was ...
CPI-M says UPA Budget will not benefit common man.
Mar 01, 2006 ... CPI-M says UPA Budget will not benefit common man Kolkata, Feb 28 (PTI) Criticising the Union Budget, CPI-M, the major partner of ruling Left Front in West Bengal today said it has not reflected the UPA government's commitment to the Common Minimum Programme and will not benefit ...
Govt brings down peak customs duty to 12.5 pc.
Mar 01, 2006 ... Govt brings down peak customs duty to 12.5 pc New Delhi, Feb 28 (PTI) As part of the Government policy to align customs duty with Asean levels, the Budget 2006-07 today announced a cut in its peak rate on non-agriculture products to 12.5 per cent from 15 per cent but extended ...
BUD-BORDER.
Mar 01, 2006 ... BUD-BORDER New Delhi, Feb 28 (PTI) Continuing its focus on the menace of inflitration from Bangladesh, the government today announced that the tempo of allocation for fencing work on the 4,095 kms long border would be maintained at Rs 424 crore level and increased the funding ...
50,000 more villages to be electrified.
Mar 01, 2006 ... 50,000 more villages to be electrified New Delhi, Feb 28 (PTI) A total of 40,000 more villages will be electrified during the fiscal year while 10000 villages will be electrified in the current year, Finance Minister P Chidambaram announced today while presenting the Budget ...
TFA win 2-0 against Simla Young in B div NFL.
Mar 01, 2006 ... TFA win 2-0 against Simla Young in B div NFL Jamshedpur, Feb 28 (PTI) Tata Football Academy (TFA) opened their account on a winning note drubbing Simla Young, Delhi 2-0 in the ONGC Cup B-division National Football League Group-A tie at J R D Tata sport complex here today. ...
WDM trades worth Rs 1,300.02 cr at NSE.
Mar 01, 2006 ... WDM trades worth Rs 1,300.02 cr at NSE Mumbai, Feb 28 (PTI) The Wholesale Debt Market (WDM) segment of the National Stock Exchange (NSE) today witnessed a total turnover of Rs 1,300.02 cr in 134 trades from both government and non-government securities. Top ...
Bonds reacts downward on increased borrowing plan for 2006-07.
Mar 01, 2006 ... Bonds reacts downward on increased borrowing plan for 2006-07 Mumbai, Feb 28 (PTI) Government bonds today reacted downwards on renewed selling following the Union Budget's announcement of a sharp increase in the borrowing plan for the next fiscal even as call rates showed an ...
Planters welcome special purpose tea fund.
Mar 01, 2006 ... Planters welcome special purpose tea fund Coimbatore, Feb 28 (PTI) Terming the Union Budget "growth oriented", United Planters' Association of Southern India welcomed allocation of Rs 100 crore for the Special purpose Tea Fund towards replantation and rejuvenation programme ...
SPORT-DEODHAR-NORTH BOARD.
Mar 01, 2006 ... SPORT-DEODHAR-NORTH BOARD Indore, Feb 28 (PTI) Following is the scoreboard of the Deodhar Trophy one-day cricket match between North Zone and Central Zone at the Usha Raje cricket ground here today. North Zone: S Dhawan c A Pagnis b M Karthick56 G Gambhir lbw b JP ...
Yash has locus standi in M P Birla property: Birlas.
Mar 01, 2006 ... Yash has locus standi in M P Birla property: Birlas Kolkata, Feb 28 (PTI) The Birlas today claimed before the Calcutta High Court that Yashovardhan Birla has locus standi to maintain caveat and contest the probate proceedings of Priyamvada Birla's purported will of 1999, for ...
Agri allocation 25% up in 2006-07.
Mar 01, 2006 ... Agri allocation 25% up in 2006-07 New Delhi, Feb 28 (PTI) The Union Budget has raised plan outlay for agricultural and allied activities by 25 per cent to Rs 7,385 crore in 2006-07 from Rs 5,907 crore in 2005-06. The proposed allocation for agriculture sector ...
Irrigation outlay up by 55.22% at Rs 7,121 cr for FY07.
Mar 01, 2006 ... Irrigation outlay up by 55.22% at Rs 7,121 cr for FY07 New Delhi, Feb 28 (PTI) Union Budget today increased the outlay for irrigation under the Accelerated Irrigation Benefit Programme by 58.22 per cent to Rs 7,121 crore for 2006-07 as against Rs 4,500 crore in 2005-06. ...
Palit continues his winning streak.
Mar 01, 2006 ... Palit continues his winning streak Hyderabad, Feb 28 (PTI) Continuing his winning spree, Kolkata lad Somak Palit scored an impressive win against FIDE Master Rinat Zhumabaev from Kazakhastan to emerge joint leader with four points each after the fourth round of the International ...
Textile industry welcomes duty reduction for sector in Budget.
Mar 01, 2006 ... Textile industry welcomes duty reduction for sector in Budget Mumbai, Feb 28 (PTI) The textile industry today lauded the Budget for 2006-07 saying it acknowledged the potential of the sector and extended duty reductions for its growth. "The reduction of duties on ...
Pharma sector disappointed with Union budget.
Mar 01, 2006 ... Pharma sector disappointed with Union budget New Delhi, Feb 28 (PTI) The Pharmaceutical industry today expressed disappointment at the Budget proposals, which it said provided little encouragement, despite Union Finance Minister P Chidambaram announcing duty cuts on anti cancer, ...
SRTEPC welcomes duty reduction on man-made fibres and yarns.
Mar 01, 2006 ... SRTEPC welcomes duty reduction on man-made fibres and yarns Mumbai, Feb 28 (PTI) The Sythetic and Rayon Textiles Export Promotion Council (SRTEPC) has welcomed the budget proposal to reduce excise duty on mad-made fibres and yarns from 16 per cent to eight per cent. ...
Mills association hail Union Budget.
Mar 01, 2006 ... Mills association hail Union Budget Coimbatore, Feb 28 (PTI) The budget announcements made by Finance Minister P Chidambaram would create a level playing field and also pave way for sustained growth of the Indian textile industry, the Southern India Mills' Association said. ...
Gogoi welcomes budget allocation for tea industry.
Mar 01, 2006 ... Gogoi welcomes budget allocation for tea industry Guwahati, Feb 28 (PTI) Assam chief minister Tarun Gogoi today welcomed the budget allocation of Rs 100 crore for the ailing tea industry. "As the tea industry in the state is facing problems, I am happy that the ...
BUD-PLAN OUTLAY.
Mar 01, 2006 ... BUD-PLAN OUTLAY New Delhi Feb28 (PTI) CENTRAL PLAN OUTLAY (In crore of Rupees) 2005-2006 2005-20062006-2007 Budget Revised Budget Estimates EstimatesEstimates Budget Support110385 107253 131284 Internal and Extra ...
Bike sales not to be hurt by car price reduction: Hero Honda.
Mar 01, 2006 ... Bike sales not to be hurt by car price reduction: Hero Honda New Delhi, Feb 24 (PTI) The reduction in cost of car ownership following the excise duty cut in the Union Budget failed to scare the bike industry with market leader Hero Honda expressing optimism on the sales front. ...
Anna investments to acquire shares of India Cements.
Mar 01, 2006 ... Anna investments to acquire shares of India Cements Chennai, Feb 28 (PTI) Anna Investments Pvt Ltd., a promoter company of the India Cements Ltd, will acquire 80 lakh shares of India Cements Ltd from Stargate Investments Ltd. A release from Anna Investments said the ...
Semiconductor industry hails budget, finds it proactive.
Mar 01, 2006 ... Semiconductor industry hails budget, finds it proactive Bangalore, Feb 28 (PTI) The Indian semiconductor industry today hailed the budget and the Finance Minister, P Chidambaram's "proactive support" extended to this sector. Describing the decision to set up a ...
Market back to volatile best; budget a 'non-event'.
Mar 01, 2006 ... Market back to volatile best; budget a 'non-event' Mumbai, Feb 28 (PTI) The broker fraternity resumed their buying spree on the bourses today, as the general budget turned out to be a "totally non-event" and failed to have any impact on the capital markets. "The ...
Govt hikes allocation for Labour, Employment dept to Rs 124 cr.
Mar 01, 2006 ... Govt hikes allocation for Labour, Employment dept to Rs 124 cr New Delhi, Feb 28 (PTI) With the UPA Government's focus on labour reforms, the 2006-07 budgetary allocation for the Ministry of Labour and Employment has been hiked by Rs 124 crore. The Budget proposals ...
NASSCOM slams increase in levies on packaged software.
Mar 01, 2006 ... NASSCOM slams increase in levies on packaged software Bangalore, Feb 28 (PTI) Expressing "deep concern" about the increase in levies on packaged software and IT hardware, NASSCOM said these would result in higher prices and have an adverse impact on millions of customers and on ...
Rupee rallies smartly against US Dollar.
Mar 01, 2006 ... Rupee rallies smartly against US Dollar Mumbai, Feb 28 (PTI) Overcoming severe early month-end pressures, the Rupee today rallied smartly to close sharply higher at Rs 44.38/39 per dollar, driven up by robust FII inflows even as market sentiments got a boost from a pragmatic ...
Software industry disappointed; packaged prod to cost more.
Mar 01, 2006 ... Software industry disappointed; packaged prod to cost more New Delhi, Feb 28 (PTI) Software association Nasscom has expressed disappointment with Budget 2005-06, saying the increase in levies of packaged software and on IT hardware would result in higher prices. "This ...
SCOPE says Budget silent on promoting PSE growth.
Mar 01, 2006 ... SCOPE says Budget silent on promoting PSE growth New Delhi, Feb 28 (PTI) The Standing Conference on Public Enterprises today said that Union Budget has no concrete measures to promote the growth of state-owned companies. "The budget has sought to maintain status quo ...
IT manufacturing industry divided over impact of excise duty.
Mar 01, 2006 ... IT manufacturing industry divided over impact of excise duty Bangalore, Feb 28 (PTI) The introduction of 12 per cent excise duty on computers would lead to increase in their prices and might dampen the growth rate of this industry, say some of their manufacturers but the ...
ACB unearths disproportionate assets case.
Mar 01, 2006 ... ACB unearths disproportionate assets case Hyderabad, Feb 28 (PTI) Anti-Corruption Bureau (ACB) has unearthed disproportionate assets worth Rs 43 lakhs from Hyderabad Metro Water Supply and Sewerage Board (HMWS&SB), Deputy General Manager, B Shiva Raju. ...
RBI issues guidelines on short selling by banks and PDs.
Mar 01, 2006 ... RBI issues guidelines on short selling by banks and PDs Mumbai, Feb 28 (PTI) Reserve Bank of India (RBI) today finalised guidelines on intra-day short selling in government securties by banks and primary dealers (PDs). Banks and PDs may undertake outright sale of ...
Resident doctors continue strike, now it is for stipend hike.
Mar 01, 2006 ... Resident doctors continue strike, now it is for stipend hike Mumbai, Feb 28 (PTI) Talks between agitating resident doctors and Maharashtra government here this evening failed with the medics deciding to continue with their strike. "The issue for which these doctors ...
GNFC approves merger of NCPL with it.
Mar 01, 2006 ... GNFC approves merger of NCPL with it Mumbai, Feb 28 (PTI) Gujarat Narmada Valley Fertilizers Company Ltd siad it has approved merger of Narmada Chematur Petrochemicals Ltd (NCPL) with itself. The board of directors took a decision in this regard at its meeting, the ...
Birla Power Sol recommends 8% dividend.
Mar 01, 2006 ... Birla Power Sol recommends 8% dividend Mumbai, Feb 28 (PTI) Birla Power Solutions Ltd, belonging to Yash Birla Group, today recommended payment of eight per cent dividend to its shareholders. The board of directors took a decision in this regard at its meeting, the ...
Munda unhappy with budget.
Mar 01, 2006 ... Munda unhappy with budget Ranchi, Feb 28 (PTI) Jharkhand Chief Minister Arjun Munda today said the Union budget has neither any ambitious plan for tribals nor any proposals for the the mining sector. "The new state has signed MoU worth approximately Rs two lakh crore ...
Leather industry disappointed over budget.
Mar 01, 2006 ... Leather industry disappointed over budget Chennai, Feb 28(PTI) The leather industry has expressed disappointment over the Union Budget for not providing important fiscal measures to the industry. Rafeeque Ahmed, Chairman, Council for Leather Exports in a statement ...
State FMs to meet on Mar 11 to discuss absence of debt relief.
Mar 01, 2006 ... State FMs to meet on Mar 11 to discuss absence of debt relief Kolkata, Feb 28 (PTI) The Finance Ministers of some states will meet in Delhi on March 11 to discuss the "failure" of the Union budget to give any debt relief on small savings to the states, West Bengal Finance ...
Budget aims at taking growth to over 10 pc: Congress.
Mar 01, 2006 ... Budget aims at taking growth to over 10 pc: Congress New Delhi, Feb 28 (PTI) Congress today said the Union Budget 2006-07 was aimed at taking the growth to over 10 per cent. Congratulating Finance ...
Allocation for research activities up by over Rs 3000 crore.
Mar 01, 2006 ... Allocation for research activities up by over Rs 3000 crore New Delhi, Feb 28 (PTI) The budget allocation for various science and research related activities has increased by Rs 3097 crore for the financial year 2006-07 to Rs 18,494 crore with Department of Space being given the ...
Pathanjali shocks Kedriouk.
Mar 01, 2006 ... Pathanjali shocks Kedriouk New Delhi, Feb 28 (PTI) Top seed Alexey Kedriouk of Kazakhstan suffered a shock defeat at the hands of lowly-seeded Indian Ravi Shankar Pathanjali in the first round of the second leg of the ITF Men's Satellite tennis at the DLTA complex here today. ...
Fast Track courts get Rs 142 crore.
Mar 01, 2006 ... Fast Track courts get Rs 142 crore New Delhi, Feb 28 (PTI) UPA Government's commitment to achieve speedy justice for the common man reflected in the Union Budget with Fast Track Courts getting Rs 142 crore in the next fiscal. This is 42 per cent higher than Rs 100 ...
Bush visit to cement Indo-US ties: Joe Wilson.
Mar 01, 2006 ... Bush visit to cement Indo-US ties: Joe Wilson Washington, Mar 1 (PTI) President George W Bush's current visit to India would "cement the bonds of strong relationship" between the two countries, US Congressman Joe Wilson said. Making a statement on the floor of the ...
UN rights body condemns Maoists bombing in tourist spot.
Mar 01, 2006 ... UN rights body condemns Maoists bombing in tourist spot Kathmandu, Feb 28 (PTI) The UN rights body has condemned the bombings by Maoists at a popular tourist destination in western Nepal on February 25 and 27, injuring over a dozen civilians. In a statement, the UN ...
UNESCO chief criticises attacks on scribes in Iraq.
Mar 01, 2006 ... UNESCO chief criticises attacks on scribes in Iraq Washington, Mar 1 (PTI) The head of the United Nations Education, Scientific and Cultural Organisation (UNESCO) has sharply criticised the kidnapping and murder of three person- crew from the Al Arabiya television network in ...
A large cache of explosives recovered in Indo-Nepal border.
Mar 01, 2006 ... A large cache of explosives recovered in Indo-Nepal border Kathmandu, Feb 28 (PTI) Security forces today recovered a large cache of explosives, being brought to Nepal in an Indian number plate truck, near Indo-Nepal border, Nepal's Defence Ministry claimed. The ...
Chinese court sentences dissident to 12-year imprisonment.
Mar 01, 2006 ... Chinese court sentences dissident to 12-year imprisonment Beijing, Feb 28 (PTI) A Chinese court today sentenced a dissident to 12 years in jail for joining "hostile illegal organisations aimed at subverting the Chinese government". The Chongqing Municipal Higher ...
Zia, Sheikh Hasina come face-to-face after 19 months.
Mar 01, 2006 ... Zia, Sheikh Hasina come face-to-face after 19 months Dhaka, Feb 28 (PTI) After 19 months, Bangladesh's Prime Minister Khaleda Zia and main opposition leader Sheikh Hasina Wajed today came face-to-face in Parliament, but differed on political agenda on electoral reforms. ...
Ten IPS officers shifted in Bihar.
Mar 01, 2006 ... Ten IPS officers shifted in Bihar Patna, Feb 28 (PTI) In a major reshuffle, the Bihar government today transferred 10 IPS officers, including the Superintendent of Police (city) of the state capital. The SPs of four districts - Gopalganj, Naugachia, Sheikhpura and ...
'Khaleda's visit to focus on trade and investment'.
Mar 01, 2006 ... 'Khaleda's visit to focus on trade and investment' Dhaka, Feb 28 (PTI) Bangladesh and India are likely to sign a number of economic deals to boost bilateral cooperation during Prime Minister Khaleda Zia's upcoming visit to New Delhi. Khaleda Zia is expected to arrive ...