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NEWS DIGEST: Top Newspaper Headlines

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The Economic Times 

Sensex hits bull's eye

Biggest single-day gain of 616 points.

It's hire & fire at state SEZs

The amendment of the labour law will cover all kinds of contract workers in factories in SEZs.

Phone calls may become costlier


Govt plans to levy service tax on interconnect user charges.

The Hindu Business Line


Norms for real estate MFs soon 

Sebi moots capital protection schemes.

Japanese industrial cluster in India soon


Project to cater Japanese SMEs.

ESIC to increase wage ceiling for coverage


Decides to take over all hospitals jointly run by Centre, States.

The Financial Express


PM setps in to spare aam admi

Finance ministry to take measures soon to rein in prices.

Nicholas Piramal buys Pfizer's UK Morpeth unit 

Also signs 5-year pact to manufacture 12 Pfizer products for $350 million.

IL&FS eyes Mumbai airport stake
 

Major PSBs keen on lending to the project.

Daily News & Analysis -  Money


Sebi reins in MFs on new issues  

Trustees will have to certify NFOs are new schemes, not old wine.

Oil bonds get SLR status 

Provident funds will be allowed to subscribe.

Reliance Life stem cell therapies soon

Skin care, opthalmology treatments may be ready next year.  

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First Published: Jun 16 2006 | 8:34 AM IST

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