Business Line articles from December 2005

Business Line archives from December 2005

Maxis of Malaysia, Apollo hospitals promoters buy out Aircel for Rs 4,860 cr.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - MAXIS Communications Berhad of Malaysia, a leading telecommunications company, and the Chennai-based Reddy family, the businesses founded by them include the...

Stocks end 2005 on firm note; Sensex 3rd best in Asia.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - STOCK prices remained firm on Friday, the last day of the current year with across the board buying pushing the BSE Sensex up 75 points With today's close...

SEBI allows MFs to launch gold exchange-traded funds: Repetitive disclosures for follow-on public offerings go.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec 30 - THE Securities and Exchange Board of India (SEBI) on Friday announced key decisions, including introduction of optional grading of IPOs to provide "additional...

BSNL cuts fixed line rental by 28%: AirTel, Tata Tele snip cell rates.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - IT'S New Year's eve and telecom operators could not be far behind in adding to the consumer's party While state-owned Bharat Sanchar Nigam Ltd has...

Jindal Stainless lifestyle unit to open 25 outlets.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE lifestyle products division of Jindal Stainless Ltd (JSL), artd'inox, is on an expansion mode It plans to open 25 new outlets spread across the...

SAIL heads told to take additional charges.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kolkata, Dec. 30 - STEEL Authority of India Ltd (SAIL) on Friday announced that two of its existing directors would be given additional charges of Durgapur and Rourkela steel...

ONGC, Ministry standoff ends; sign MoU on production targets.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 ONGC officials maintained that there was no change in the MoU targets. The MoU is signed each year between the Government and the navratna company stipulating production targets...

Thiru Arooran Sugars hopes to crush 50% more cane this year.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - THIRU Arooran Sugars Ltd expects to crush 50 per cent more sugarcane during the 2005-06 season as compared with the 2004-05 season The company's Chairman...

Holcim entry shakes up cement industry.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - YEAR 2005 saw the dramatic entry of Swiss cement major Holcim into the country, changing one notion about the Indian cement industry - that it is impregnable in...

IOC commissions 4th hydrocracker unit at Panipat Refinery.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - INDIAN Oil Corporation Ltd (IndianOil) on Friday said that it has successfully commissioned the hydrocracker unit at its Panipat Refinery This is part of...

Hydrocarbons sector: Rapid strides on the E&P front.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 In 2005, 21 oil and gas discoveries were made in India, which included 14 by private/joint venture companies, four by ONGC and three by OIL. Oil PSUs also acquired...

IOC-IBP combine seeks location-wise freight subsidy from Government.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kolkata, Dec. 30 - THE IOC-IBP combine has appealed to the Ministry Of Petroleum and Natural Gas for payment of location-wise freight subsidy for supply of petrol and diesel in...

Ruia Group plans revamp of Dunlop, Falcon Tyres boards.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kolkata, Dec. 30 - THE Ruia Group, which acquired Dunlop India Ltd (74.5 per cent) and Falcon Tyres Ltd (68 per cent) in November, is planning to go for a board recast in both...

Cabinet approval awaited for creation of strategic oil reserves: Expenditure panel cleared proposal in Nov.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - WORK on the proposed strategic crude oil reserves of five million tonnes at three locations in the country is expected to begin soon with the Ministry of...

Bomb threats keep Bangalore on its toes: IT facility gets hoax call.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 A fax was received by the local media offices warning of attacks at the Chief Minister, Mr N. Dharam Singh's residence and a prestigious hotel in the city on New Year's eve ...

Current account deficit widens to $7.6 b in Q2.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - THE country's current account deficit has widened to $7.66 billion in the quarter ended September 30, 2005, from $3.5 billion in the corresponding quarter of...

Cities must evolve technically feasible transport systems: PM.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 'We cannot force people to become dependent on costly private transportation This will not only increase energy consumption but discriminate against those who cannot afford...

Panel on Inspector Raj plumps for 3rd party inspection : 'Lack of adequate staff obstacle to effective enforcement of laws'.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The panel has made a pitch for an alternative of third party inspection to give an option to the enterprises to get their regulatory compliance certified by dependable third...

S. Srinivasan to be new Petroleum Secy.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE Special Secretary in the Ministry of Petroleum and Natural Gas, Mr S. Srinivasan has been appointed as Secretary in the same Ministry. Mr Srinivasan...

External debt up at $124.3 billion.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE country's total external debt as of end-September 2005 stood at $124.3 billion, which is a 1.8 per cent increase over the external debt level of $122.10...

Central fiscal deficit up 59.71 pc in April-Nov.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec 30 - THE fiscal deficit of the Central Government widened by 59.71 per cent during April-November 2005 to Rs 1,12, 949 crore compared to Rs 70,717 crore in the...

2005: Mega deals in ICT arena.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mega deal making was at its bubbly best in 2005 in the information technology and telecom arena. There were several champagne moments for the industry: Bharti Tele-Ventures...

2005: LANDMARK DEAL FOR SERVICES SECTOR.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mr N. R. Narayana Murthy , Chief Mentor and Chairman, Infosys. ABN Amro deal signed in September marks a landmark deal for the Indian software services industry. It isexpected to...

2005: POWERING AHEAD.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The Wipro Chairman, Mr Azim Premji. Wipro acquired payment software maker mPower for $28 million and Austria-based NewLogic for $56 million. The year saw Mr Vivek Paul quitting...

2005: TRENDSETTER IN TELECOM.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mr Arun Sarin, CEO, Vodafone plc and Mr Sunil Mittal, Chairman and Group MD, Bharti Tele-Ventures Vodafone acquired around 10 per cent stake in Bharti Tele-Ventures investing...

2005: AGGRESSIVE ACQUISITIONS.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The TCS Chief Executive, Mr S. Ramadorai. TCS acquired the Chile-based business process outsourcing firm Comicrom for $23 million in an all-cash deal. Earlier it had acquired the...

2005: ENERGISING THE SECTOR.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The Union Minister for Information Technology, Mr Dayanidhi Maran, is keen on better connectivity and bridging the digital divide. Many global majors had made significant...

2005: MAJOR DEAL IN PRODUCTS SPACE.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The Senior Vice-President (Application development), Oracle Corporation, Mr John Wookey, and the Andhra Pradesh Chief Minister, Dr Y.S. Rajasekhara Reddy, during the inauguration...

'Wireless sensors ideal for vehicle tracking'.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Hyderabad, Dec. 30 - THE Chairman and Managing Director, Electronics Corporation of India Ltd (ECIL), Mr G. P. Srivastava, has said wireless sensor networks have varied...

Reliance Info adds 1 m mobile users in December.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - RELIANCE Infocomm has added one million new subscribers in December taking its total tally to over 17 million This is the second time the company is...

Digital summit next month.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Bangalore, Dec. 30 - INDUSTRY trade organisation Internet and Mobile Association of India (IAMAI) will host the "Digital Summit 2006" on January 17 & 18 in Mumbai The...

Third attempt by Sterling group to sell mobile biz.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - THE deal signed today with Maxis Communications Berhad of Malaysia is the third attempt by the C. Sivasankaran-promoted Sterling Infotech group to sell its...

Pepsi exploring to enter 'white' beverages.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 "It would definitely be a value-added product where we could create a niche for ourselves." New Delhi, Dec. 30 - TAKING forward its increased thrust on the health platform, food...

TV18 promoter to transfer over 10 pc stake in Network 18.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - THE promoter of Television Eighteen Ltd, Mr Raghav Behl, has announced that he would voluntarily relinquish over 10 per cent stake in Network 18 (the new...

MRTPC restrains Cello from airing comparative ads.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - THE Monopolies & Restrictive Trade Practices Commission has asked Cello Pens and Stationery Pvt Ltd, which makes Maxriter and Pin Point pens, not to telecast...

FMCGs: The return to growth.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - FAST moving consumer goods once again began flying off the shelves in 2005, shaking off a three-year trend of snail-paced growth And returning growth was...

14 more qualify for submitting bids for FM radio phase II.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - RADIO Mid-Day West (India) Private Ltd, SST Media Private Ltd and Silver Star Communication Ltd are among the 14 applicant companies that have qualified for...

Syndicate Bank signs MoU with SMERA.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Bangalore, Dec. 30 - THE public sector Syndicate Bank has signed a memorandum of understanding with the SME Credit Rating Agency of India Ltd (SMERA) Speaking to reporters...

CUB's multiple benefits plan.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - CITY Union Bank (CUB) has launched depository participant services and announced an insurance-linked deposit scheme, the CUB-multiple benefits plan ...

Allahabad Bank in pact with tractor manufacturers.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kolkata, Dec. 30 - ALLAHABAD Bank has signed two separate memorandum of understanding (MoUs) with two tractor manufacturers, namely, Sane Deutz-Fahr India (P) Ltd and Standard...

'Allow apex-level entities wider access to public funds': Panel report on long-term coop credit structure.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - A TASK Force to suggest revamp of long-term cooperative credit structure has recommended that apex level entities in such structures be allowed much wider...

IOB to sell gold coins.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - INDIAN Overseas Bank proposes to retail gold coins, with an eye on the commission income. The bank's Chairman and Managing Director, Mr T.S. Narayanasami,...

Vijaya global card.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Ms Mumtaz Begum, Mayor, Bangalore Mahanagara Palike, and Mr M.S. Aftab, Executive Director, Vijaya Bank, at the launch of 'Vijaya Global Debit Cum ATM card' in Bangalore on...

Rupee firms up; securities flat.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 MUMBAI: The rupee appreciated against the greenback on Friday on the back of dollar inflows The domestic currency opened at 45.11/12 It closed at 45.04/05, up from...

Salary arrears disbursal on Jan 9: PSU insurance staff to work longer hours.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kochi, Dec. 30 - AS part of implementing the revised wage structure, the working hours of the four public sector general insurance companies will be increased from January 2 ...

Bank of Maharashtra offers no frills account.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - BANK of Maharashtra has launched a no frills account 'Mahabank Lok Bachat Yojana', with an initial minimum deposit as low as Re 1 The account has no minimum...

South Indian Bank's no frills a/c.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kochi, Dec 30 - THE South Indian Bank has introduced a new product - SIB Saral - in keeping with the Reserve Bank of India's direction to banks to make available a basic "no...

1 pc of road cess to be earmarked for safety fund.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE Prime Minister's Committee of Infrastructure recently decided that 1 per cent of road cess accruing to the Central Road Fund would be used as a dedicated...

Govt working on Shipping Trade Practices Bill.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec 30 -THE Department of Shipping is working on a proposal to introduce a Shipping Trade Practices Bill that would cover all intermediaries and logistics service...

'B-schools must re-evaluate strategies in grooming students'.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Not ruling out consolidations, co-operations and internationalisation of B-Schools in the process of coping with the dramatic and irreversible changes in business environment, Mr...

Dumping probe on yarn imports from China.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 The Designated Authority has found sufficient evidence of the normal value of the subject goods in China being significantly higher than the ex-factory export price, indicating...

Debt burden of rural households up 4 pc since 1991: Survey.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - POST liberalisation, rural India has become more indebted while urban households have been able to reduce their debt liabilities according to the findings...

Lankan President seeks Indian investments.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE Sri Lankan President, Mr Mahinda Rajapaksa, has invited the Indian business community to establish business ties with Sri Lanka and to take advantage of...

Panel on food processing discusses FDI in retail.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE Group of Ministers on food processing sector on Thursday discussed a host of matters relating to the sector's growth, including the issue of foreign...

Ministry unveils maritime development programme.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mr T.R. Baalu, Minister for Shipping, Road Transport and Highways, and the Shipping Secretary, Mr D.T. Joseph, releasing the Formulation of National Maritime Development...

Premium products lift Dept of Posts' revenues.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - PREMIUM products like logistics and financial services seem to be doing the trick for the Department of Posts (DoP), which has been grappling to reduce the...

Dynamics of scarcity.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 THE DOCTRINE of supply and demand lies at the root of market economics Profitability requires scarcity, which is a consequence of confidentiality and uniqueness of the...

Water-rich, yet over-stretched.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 WATER may seem too common a topic to write about, especially after floods have receded and the tsunami anniversary vigil has passed off peacefully Yet, it is hot news all...

'Enlightened moderation' in Pakistan, really?
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Local press terming Hindus, Christians and Jews as 'enemies of Islam', a general free hand and support to extremist outfits, Shariat courts and blasphemy laws clearly loaded...

'Year of Farm Resurgence'.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 IS THE DOCILE elephant beginning to stir itself up for some real action? If, at the turn of the year, there is euphoria around the country, especially across industrial and...

Tax on Google's sale of website space for display of ads.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 GOOGLE Online India Private Ltd, a wholly-owned subsidiary of Google International LLC in the US, submitted an application before the Authority for Advance Rulings (AAR), New...

Holding on to relief.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 T. C. A. Ramanujam on the issue of relief for VRS compensation in excess of Rs 5 lakh SALARIES are taxable in the year in which they are due or are paid. Where salary is paid in...

Work awaits the new Tribunal.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 S. Murugappan on the likely implications of the National Tax Tribunal Bill, 2005 RECENTLY, Parliament passed the National Tax Tribunal Bill. This was the second attempt by the...

S. India plantation sector has nothing to cheer about.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kochi, Dec. 30 - THE plantation sector in South India, with the exemption of rubber, had nothing to cheer about in 2005, as the prices of the major commodities tea, pepper,...

ECGC plans product to cover marine exports.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Ahmedabad, Dec 30 - EXPORT Credit Guarantee Corporation of India (ECGC) is designing a special insurance policy for seafood exporters that would cover the risk of rejection of...

For rubber growers, it will be unforgettable.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kochi, Dec. 30 - IF rubber growers got hold of a time machine, they would freeze 2005 and forever live in it For, the year would go down in the history of Indian rubber trade...

Rubber seen firm on higher consumption.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kottayam, Dec. 30 - DOMESTIC and global rubber consumption is increasing at a faster clip than the production and, therefore, there is possibility that the present uptrend in...

Spot rubber prices dip on sales by dealers.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kottayam, Dec. 30 - SPOT rubber surrendered as selling from dealers hammered the prices amidst moderate buyer resistance at higher levels. Covering purchases appeared nominal as...

SIMA cotton research body to popularise HB 3 hybrid.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Coimbatore, Dec. 30 - THE SIMA Cotton Development and Research Association (CDRA) is all set to popularise its HB 3 cotton hybrid. It is looking at phenomenal expansion in area...

Coffee rally gives sense of relief to growers.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Madikeri, Dec. 30 - COFFEE crop is the lifeline of Kodagu district. The current price level appears to have infused a sense of satisfaction among the growers in the district as...

Jan-March sugar sale quota cut.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 NEW DELHI: The Centre has cut the free sale sugar quota for the January-March quarter to 36.5 lakh tonnes (lt) from 38 lt during the corresponding period a year ago For...

Inflation up on costlier fuel, non-food items.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 New Delhi, Dec. 30 - THE annual wholesale price index-based inflation rose 4.62 per cent during the week ended December 17, higher than the previous week's annual rise of 4.50...

Lapses in opening demat account: Karvy told to conduct probe.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - NATIONAL Securities Depository Ltd (NSDL) has found lapses by Karvy Share Broking (Karvy) in processing account-opening application for demat accounts. The...

SEBI hikes position limits for stock derivatives: To resume fresh registrations for UIN.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - SEBI has hiked the trading member position limit for stock-based derivatives. As per this, for stocks having market-wide position limit of Rs 500 crore or more,...

Bulls call the shots to wrap up 2005.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 TIME again to ring out the old and ring in the new with the bulls nodding in unison, acknowledging the longest annual winning streak of Sensex in more than a decade and gearing...

Underlying equities outperform ADRs.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - INVESTORS who have invested in the underlying equities of the Indian-listed ADRs could have outsmarted their US peers if one considers the average return given...

For Sensex, real peak is still 1992 after adjusting for inflation.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Chennai, Dec. 30 - THE Sensex increased from 6,000 to 7,000, shot up to 8,000 and then went on to race past 9,000 over the past few months. But time does not stand still. In real...

Bulls prevail.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 BULLS prevailed over Friday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear domination on Monday is likely to change the sentiment...

Thanks to bull run, 161 cos move from small to mid-cap segment: 'Graduation to continue in 2006 too'.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Mumbai, Dec. 30 - THE spectacular rise of the stock markets in 2005 has witnessed the graduation of 161 companies from small-cap (market capitalisation below Rs 100 crore) to...

Siyaram Silk counting on domestic strength.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 SIYARAM Silk Mills is witnessing strong appreciation in its price on the bourses over prospects of improved profitability Market expectation is that the company is eyeing the...

Chemplast Sanmar up on re-rating talk.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 CHEMPLAST Sanmar shot up by 10 per cent to Rs 83.05 with a higher traded quantity on re-rating of the stock According to market sources, earlier market discounts on its...

Maharashtra Scooters: Betting on stake sale price.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 MAHARASHTRA Scooters Ltd on Friday is hovering around its 52-week high of Rs 407.9, created on Thursday. The stock, after touching the day's high of Rs 402.25, closed marginally...

Fog alert for plains in northwest early next week.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Thiruvananthapuram, Dec. 30 - A WESTERN disturbance of moderate intensity lying over Pakistan has started moving east and is expected to start affecting northwest India from...

'Lake Princess' set to sail thru backwaters.
December 31, 2005... (From Business Line) from BUSINESS LINE, December 31, 2005 Kochi, Dec. 30 - 'LAKE Princess', the sailing resort owned by the Kerala Shipping and Inland Navigation Corporation (KSINC), is all set to sail through the backwaters of the...