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Worm spreading on BANGALORE, Dec 2: Websense(r) Security Labs has confirmed the existence of a worm spreading on the MySpace network. .........more KSL
Realty to develop MUMBAI, Dec 2: KSL Realty and Infrastructure Ltd will develop real estate projects covering two crore square feet in different states such as . .......more Exim Bank signs USD 10 million LoC with Angolan Govt MUMBAI, Dec 2: The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Angola for a Line of Credit . ........more PNB revises interest rates on FCNR, NRE deposits NEW DELHI, Dec 2: Punjab National Bank has revised the rates of interest on Foreign Currency Non-Resident (B) Deposit Scheme for the US dollar, .. ........more |
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India plans to source more oil, gas from Russia: Deora MANGALORE, Dec 2: India plans to get more oil and gas from Russia as part of its efforts to diversify sources of energy, Petroleum ..........more Arab
investors turn DUBAI, Dec 2: India is fast emerging as a prime destination for Arab investors, recent investment reports and views of decision makers from Gulf nations have revealed......more Select
edible oil prices NEW DELHI, Dec 2: In mixed pattern of trading, select edible oils softened in the wholesale oils and oilseeds market today on stockists selling after the ......more Caustic
soda prices NEW DELHI, Dec 2: Barring a rise in caustic soda flake, prices generally ruled steady on the chemical market today in the absence of any worthwhile buying and selling.Traders said pick up in demand from d...........more |
Worm spreading on MySpace network detected BANGALORE, Dec 2: Websense(r) Security Labs has confirmed the existence of a worm spreading on the MySpace network. This worm is exploiting the Javascript support within Apple's embedded QuickTime player. This is used in conjunction with a MySpace vulnerability that was announced two weeks ago. The vulnerabilities are being used to replace the legitimate links on the user's MySpace profilewith links to a phishing site, accoridng to a Websense(r) security release. It said once a user's MySpace profile was infected (by viewing a malicious embedded QuickTime video), that profile was modified in two ways. The links in the user's page were replaced with links to a phishing site, and a copy of the malicious QuickTime video was embedded into the user's site. Any other users who visit this newly-infected profile might have their own profile infected as well. An infected profile could be identified by the presence of an empty QuickTime video or modified links in the MySpace header section, or both the release said. Websense Security Labs discovers and investigates today's advanced internet threats and publishes its findings enabling organisations to best protect employee computing environments from increasingly sophisticated and dangerous internet threats. (UNI) |
KSL Realty to develop real estate projects of 2-cr sq.Ft MUMBAI, Dec 2: KSL Realty and Infrastructure Ltd will develop real estate projects covering two crore square feet in different states such as Maharashtra, Gujarat, Punjab, Himachal Pradesh and Dadra and Nagar Haveli. The decision to develop real estate projects in different cities was taken at the meeting of the Board of Directors held on November 30, it said in a release here today. The projects will comprise malls, multiplexes, IT parks, commercial spaces, hotels, residential complexes, warehouses and restaurants and are scheduled to be completed by 2010. Further, the company said its on-going projects - Empress City in Nagpur and Deccan City in Kolhapur were progressing as planned. (PTI) |
Exim Bank signs USD 10 million LoC with Angolan Govt MUMBAI, Dec 2: The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Angola for a Line of Credit (LoC) of USD 10 million. The agreement is dated July 6 and the credit is available for financing export of the 'SAME' brand of tractors manufactured by SAME Deutze-Fahr India Pvt Ltd, the bank said in a release today. It also covers related implements, spares and services from India, which are eligible for export under the Foreign Trade Policy of the Indian Government. The credit agreement is effective from October 27. Under the LoC, the terminal date for opening the letters of credit would be October 2008, around 24 months from the effective date of the credit agreement. Terminal date for disbursements would be April 26, 2009. (PTI) |
PNB revises interest rates on FCNR, NRE deposits NEW DELHI, Dec 2: Punjab National Bank has revised the rates of interest on Foreign Currency Non-Resident (B) Deposit Scheme for the US dollar, British pound, Euro and the Canadian and Australian dollar with effect from December 1. The interest rate on US dollar deposits has been revised to 5.24 per cent for a maturity of one year to less than two years and to 5 per cent for a maturity of two years to less than three years, PNB said in a release. For maturity of 3 to less than 4 years the rate has been changed to 4.91 per cent and to 4.89 per cent for 4 to less than 5 years. Rate of interest on US dollar deposits, for a maturity of five years, has been revised to 4.90 per cent, the bank said. On NRE Term deposits the applicable rate of interest for December is 6.24 per cent for maturities of one year to less than two years and 6 per cent for 2-less than 3 years maturity. The rate stands at 5.91 per cent for maturities of 3-5 years, it added. (PTI) |
India plans to source more oil, gas from Russia: Deora MANGALORE, Dec 2: India plans to get more oil and gas from Russia as part of its efforts to diversify sources of energy, Petroleum Minister Murli Deora said today. "Russia is our important friend and we look towards them when we think of our energy needs and security of the country," Deora said at a function organized to mark the arrival of first crude oil from Sakhalin-I project. OVL, the overseas arm of Oil and Natural Gas Corporation (ONGC), has 20 per cent stake in Sakhalin-I project. It has shipped 90 thousand tonnes (700,000 barrels) of crude from its share in the project. The company will ship second cargo by the month-end. "Russia being the largest producer of gas and having largest gas reserves is definitely important to us. We believe that Russia would be playing a major role in balancing the energy access in the globe. The multipolar energy supply chain, which Russia is capable of creating would help us to diversify our sources," Deora said. India imports more than 70 per cent of its crude oil requirement and most of it comes from the middle east countries. ONGCs' subsidiary Mangalore Refinery and Petrochemiocals Ltd (MRPL) will process the Sakhalin crude. "Sakhalin to Mangalore, a new silk route, a route of more than 5700 nautical miles, is the new route of integration," Deora said. (PTI) |
Arab investors turn focus on India DUBAI, Dec 2: India is fast emerging as a prime destination for Arab investors, recent investment reports and views of decision makers from Gulf nations have revealed. Two international conferences, Euromoney/DIFC annual conference and Leaders in Dubai conference on finance and investments held in Dubai last week said that it is time for GCC investors to move in and take advantage of the huge opportunities in India. It was also concluded that India too should open up its economy to absorb the Gulf investment boom. While investment bankers, economists and financial decision makers debated the potential merits of GCC investments in India at the two conferences, two leading UAE-based companies, Abu Dhabi National Energy Co (Taqa) and Emaar, announced close to Rs 60 million investments in India last week, the Khaleej Times reported. Contrary to popular belief, India rather than China would become the economic powerhouse over the next 50 years, said demographic forecaster, Harry S Dent. China's spending wave would peak by 2015 and continue to slow until 2055 when it would actually begin to contract, he added. In comparison, India and Saudi Arabia would continue to grow before peaking around 2065. Speaking at the Euromoney/DIFC conference, David Hodgkinson, Group Chief Operating Officer, HSBC, said that China and India would overtake the traditional target markets of Europe and the USA for Gulf investment within a decade, if the current trends continue. (PTI) |
Select edible oil prices up; industrial oils down NEW DELHI, Dec 2: In mixed pattern of trading, select edible oils softened in the wholesale oils and oilseeds market today on stockists selling after the government kept the tariff values for import of edible oils unchanged. On the other side, mahuwa and rice bran oils in the non-edible section, firmed on industrial demand. Traders said reports that the government has decided to keep the base values for import of edible oils unchanged, triggered fresh selling by stockists, pulling down select prices. Mustard expeller oil met with stockists selling against sluggish demand and lost Rs 30 at Rs 4,750 per quintal. Mustard pakki and kachi ghani oils in line with mustard expeller, ended Rs 10 each at Rs 710-730 and Rs 770-795 per tin respectively. Cottonseed mill delivery oil fell by Rs 50 at Rs.4,400 a quintal on poor offtake. Coming to the non-edible oils section, mahuwa oil posted sharply higher at Rs 4500 a quintal on increased demand from consuming industries. Rice bran oil on the back of increased demand from soap makers and other industries and posted higher at Rs 3000-3040 per quintal against last close of Rs 2950-3000. Following were today's quotations per quintal: Oilseeds: Mustardseed 1500-1730, sunflower 950-990, Cottonseed 750-900, groundnut 1760-1910 and sesame white 2,150-2,450. Vanaspati ghee (15 litres tin) 735-845. Edible oils: Groundnut mill delivery 5,500, Groundnut Solvent refined (per tin) 1000-1030, Mustard Expeller 4750, Mustard Pakki ghani (per tin) 710-730, Mustard kachi ghani (per tin) 770-895, Sunflower 4,000, Sesame mill delivery 4,800, Soyabean Refined mill delivery 4,790, Soyabean degum (Delhi) 4700, Crude Palm Oil (Ex-kandla) 3,880, Cottonseed mill delivery 4,450, palmoline (RBD) 4,700, Rice bran (phy) 3,950 and coconut (per tin) 960-970. Non-edible oils: linseed 4800 Mahuwa 4350, castor 4320, Neem 3000, Rice bran 3000-3040 and palm fatty 3100-3200. Oil cakes: groundnut dehusk 770-820, Sesame 900-1100, Mustard 670-680 and Cottonseed 725-825. (PTI) |
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Caustic soda prices up in thin trade NEW DELHI, Dec 2: Barring a rise in caustic soda flake, prices generally ruled steady on the chemical market today in the absence of any worthwhile buying and selling. Traders said pick up in demand from detergent manufacturers mainly gave push to caustic soda prices. The volume of business was restricted. Caustic soda flake quoted higher by Rs 30 at Rs 1350 from previous close of Rs 1,320 per 50 kg bag. Following were today's quotations: Ammonia bicarb (25 kg) 325 Ammonium chloride (50 kg) 760-1250, acetic acid (1 kg) 42, boric acid technical (50 kg) 2,850-3,000, borex granular (50 kg) 1250-1400. Caustic soda flake (50 kg) 1,350 citric acid (50 kg) (China) 2,400-2,600 citric acid deshi (50 kg) 2,500-2,900, camphor slab (1 kg) 185-195, camphor powder (1 kg) 170, glycerine (1 kg) 57-59, hexamine (1 kg) 60, hydrogen peroxide (1 kg) 31-32, mercury (34.5 kg) 31,500, menthol bold crystal (per kg) 860, menthol flake (1 kg) 820 and Mentha oil (1 kg) 670. Paraffin wax (50 kg)Iran 2550-2650 paraffin wax (50 kg)China 2800-2950 paraffin wax (50 kg) indian 3150 press wax (p tonne) 14,000 residue wax (p tonne) 25,000 soda ash (50 kg) (tata) 750 soda ash (50 kg) (dcw) 740 soda ash (50 kg) (gujarat) 740 soda ash (50 kg) (birla) 740 Sodium Nitrite (50 kg) 1350-1400 Sodium silicate (Qtl) 1000-1100 stable bleaching powder (shriram) (25 kg) 315 stable bleaching powder (chambal) 305 stable bleaching powder (modi) 320 tartaric acid france (1 kg) 382 thymol (1 kg) 580 titanium dioxide (ttk) (1 kg) 87 titanium dioxide (k-brand) (1 kg) 85 titanium dioxide (china) (1 kg) 80 titanium dioxide (TR-92) 130 titanium dioxide (rc-822) (1 kg) 130 oxalic acid (pcpl-red) 50 kg 2100 oxalic acid (pcpl-blue)50 kg 1725 Zinc oxide (kg) 125 (PTI) |
Select prices recover on fresh buying NEW DELHI, Dec 2: Prices of Jeera and watermelon kernel recovered on the wholesale kirana market today on emergence of buying by local parties and closed in a positive zone. Traders said reports of firming trends from producing regions amidst emergence of buying mainly helped select prices to improve. Jeera common and dollar increased by Rs 100 each to finish at Rs 8,200-8,500 and Rs 8,400-8,500 per quintal. Watermelon kernel followed suit and quoted higher at Rs 7,500-7,700 instead of Rs 7,200-7,300 in view of tight supply. Following were today's quotations (in quintal): Ajwain 4,000-6,200 Black pepper common 9,700-9,900 Betelnut (kg) 87-110, cardamom brown (Jhundiwali) 16,000-16,200 and cardamom brown (Kanchicut) 17,500-19,500. Cardamom small (kg): Chitridar 140-210, cardamom (colour robin) 215-225, cardamom bold 230-250, cardamom extra (bold) 345-370 and cloves (kg) 290-335. (MORE) PTI UKN RS Following were today's quotations (in Rs per quintal): Ajwain 4,000-6,500, black pepper golden Rs 10,900-11,000 Betelnut (kg) 95-110, cardamom brown (Jhundiwali) Rs. 11,800-12,000 cardamom brown (Kanchicut) Rs 13,000-17,000. Cardamom small (kg): Chitridar 170-270, cardamom (colour robin) 245-255, cardamom bold 260-275, cardamom extra (bold) 335-355 and cloves (kg) 230-265. Chirounji (new) (kg) 240-300 Dry mango 2,600-8,500 Dhania 3,500-6,000 Dry ginger 8,000-10,000 Kalaunji 8,000-9,500 Mace-Red (kg) 460-470 Mace-Yellow (kg) 445-450 Methiseed 2,600-4,000 Makhana (per kg) 115-150 Netmeg 225-235 Poppyseed (KG Turkey) 170 Poppseed (KG MP-RAJ) 165-205 Poppyseed (KG U.P.) 140-150 Red chillies 3,000-8,000 Soya bari pariwar (20 kg) 350-400 Saffron (kg) Irani 36,000-37,000 Saffron (kg) Kashmiri 44,000-50,000 Soanf 8,000-11,000 Turmeric 2,650-4,100 Tamarind 1,200-1,600 Tamarind without seed 3,000-4,000 Tea (kg) 70-120 Watermelon kernel 7,500-7,600 Jeera common 8,200-8,500 Jeera dollar 8,400-8,500 (PTI) |
Prices rule steady in thin trading NEW DELHI, Dec 2: There was not much activity in the wholesale Dry fruit market today as prices moved in a tight range and closed around previous levels. Arrivals and offtake too remained negligible and volume of business was small. Traders said negligible demand from bakers and other bulk consumers mainly kept prices unchanged. Following were today's quotations per 40 kgs bag: Almond (California)new 10,900, Almond (gurbandi) 6,000 Almond (girdhi) 3,800, Almond kernel (california) 386-387, Almond kernel (gurbandi) (kg) 400-430 and Abjosh Afghani 7,000-13,000 Chilgoza raw-new (1 kg) 370 chilgoza (roasted) (1 kg) 600 cashew kernel 1 kg (no 180) 430-460 cashew kernel (no 210) 360-365 cashew kernel no.(240) 300-320 cashew kernel (no 320) 250-262 cashew kernel broken 2 pieces 150-195 cashew kernel broken 4 pieces 155-185 cashew kernel broken 8 pieces 150-165 copra (qtl) 4,900-5,200 coconut powder (25 kg) 8,50-1,750 dry dates red (qtl) 2,100-4,800 fig 5,000-9,000 kishmish kandhari local 5,800-6,300 kishmish kandhari special 10,000-12,000 kiahmish indian yellow 2600-4000 kishmish indian green 3,500-6,000 pistachio Irani 490-500 pistachio Hairati 520-53 5 pistachio Peshwari 550-600 pistachio dodi (roasted) 395 walnut new 90-150 walnut kernel new (1kg) 250-350. (PTI) PNB revises interest rates on Non-Resident Deposits NEW DELHI, Dec 2: Punjab National Bank has revised the rates of interest on FCNR (B) Deposit Scheme for USD, GBP, EURO, AUD and CAD deposits effective from December 1, 2006. The interest rate on USD deposits has been revised to 5.24 per cent for maturity of one year to less than two years (1st maturity), 5 per cent for two years to less than three years (2nd maturity), 4.91 per cent for three years to less than 4 years (3rd maturity), 4.89 per cent for four years to less than five years (4th maturity) and 4.90 per cent for five years only (5th maturity). The rate of interest on GBP deposits has been revised to 5.43 per cent for 1st maturity, 5.36 per cent for 2nd maturity, 5.32 per cent for 3rd maturity, 5.28 per cent for 4th maturity, 5.22 per cent for 5th maturity, a PNB statement said today. For EURO deposits, the interest rates have been revised to 3.86 per cent for 1st maturity, 3.91 per cent for 2nd maturity, 3.89 per cent for 3rd maturity, 3.88 per cent for 4th and 5th maturity. The applicable rate of interest on NRE deposits for this month is 6.24 per cent for maturities of one year to less than two years, 6 per cent for two years to less than three years and 5.91 per cent for maturities of three to less than five years. (UNI) |
Exim Bank signs USD 10 million LoC with Angolan Govt MUMBAI, Dec 2: The Export-Import Bank of India (Exim Bank) has concluded an agreement with the Government of Angola for a Line of Credit (LoC) of USD 10 million. The agreement is dated July 6 and the credit is available for financing export of the ‘SAME’ brand of tractors manufactured by SAME Deutze-Fahr India Pvt Ltd, the bank said in a release today. It also covers related implements, spares and services from India, which are eligible for export under the Foreign Trade Policy of the Indian government. The credit agreement is effective from October 27. Under the LoC, the terminal date for opening the letters of credit would be October 2008, around 24 months from the effective date of the credit agreement. Terminal date for disbursements would be April 26, 2009. (PTI) |
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