Financial Daily from THE HINDU group of publications
Tuesday, January 29, 2002
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Financial Daily from THE HINDU group of publications Tuesday, January 29, 2002 |
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MONEY & BANKING FOREX Rupee range-bound; securities gain MUMBAI: THE rupee ended on Monday at almost the same previous level of 48.3550/3650 against the dollar in a range-bound forex market. It opened at 48.34 and was maintained at those levels even as State-run banks who were mopping up excess ... More INSURANCE NGOs to help Tata AIG design rural products NON-GOVERNMENTAL organisations (NGOs) scheduled to partner Tata AIG in its rural foray will assist the private insurer design its products for that market. Tata AIG, which has separate companies for general and life insurance, has decided to ... More NBFCS Ashok Leyland Fin net up 65 pc CHENNAI: Ashok Leyland Finance has reported a 65 per cent increase in net profit for the first nine months of the current year at Rs 26.07 crore, as against Rs 15.76 crore in the same period last year. This was made possible by the ... More GENERAL INSURANCE Cost of cover rising for corporates WITH the reinsurance markets continuing to remain firm, the insurance cover costs of most corporates have escalated. According to sources, premium costs have gone up despite the offer of no-claim discounts during the last year. Normally, if ... More DEBT MARKET Develop bond market to cut forex risk: BIS THE Bank for International Settlements (BIS), based at Basle in Switzerland, favours the development of local bond markets to help countries reduce both their maturity and foreign exchange mismatches. One of the key factors behind the currency ... More PUBLIC SECTOR BANKS BoI Q3 net up 20.24 pc at Rs 155.16 crore MUMBAI: Bank of India has reported a 20.24 per cent rise in net profit at Rs 155.16 crore for the third quarter ended December 31, 2001 as against Rs 129.04 crore in the corresponding quarter in the previous year. The Chairman and ... More CORPORATE BONDS Tata Steel debt MUMBAI: Credit Rating Information Services of India Ltd (Crisil) has assigned an `AA+' rating to the Rs 100-crore non-convertible debenture (NCD) programme of Tata Iron and Steel Company. Crisil has reaffirmed ratings of Tata ... More MERGERS & ACQUISITIONS BoB board to take up Benares bank merger MUMBAI: The board of Bank of Baroda (BoB) will take up for discussion the draft scheme for the amalgamation of Benares State Bank Ltd with the bank as received from the Reserve Bank of India. The scheme also will be made public to seek ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Jan. 20-Jan. 26 AMP Sanmar takes the field with Steve Waugh Cabinet nod for repeal of banking service Act -- Full say for banks in recruitment SBI to recruit IT pros once arm gets okay Corporate lending norms for PDs tightened |
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