Financial Daily from THE HINDU group of publications
Thursday, March 21, 2002
Markets (March 20)
BL 2501129.77 (+2.67)
BSE Sensex3581.32 (+21)
S&P CNX Nifty1155.60 (+3.45)
Dollar (Buy/Sell)48.69/48.82
Gold Std (10 gm)4890 (-10)

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Bid to rejig manufacturing processes -- Production stopped at one Maruti unit
MARUTI Udyog Ltd has stopped production at one of its three manufacturing plants and transferred most of its production facilities to the other two as part of its efforts to "reorganise manufacturing processes" in the next financial year. A ... More

Motor insurance tariff hike deferred
THE Insurance Regulatory & Development Authority (IRDA) has deferred the proposed hike in motor insurance tariff, sources in the insurance industry told Business Line.The tariff hike was to take effect from April 1. The proposal to ... More

Sterlite, Indo-Gulf bid for Hind Zinc
The ANIL Aggarwal promoted Sterlite Industries Ltd and Indo-Gulf Corporation, part of the A V Birla Group, are understood to have submitted price bids for buying 26 per cent of the Government's stake in Hindustan Zinc Ltd (HZL) when the last date ... More

India withdraws plea against WTO auto ruling
INDIA has withdrawn its appeal against a World Trade Organisation (WTO) ruling that its automobile policy is inconsistent with its obligations under the General Agreement on Tariffs and Trade (GATT). The appeal was withdrawn on March 14, just a ... More

Dividend tax no damper on payout
THE proposal to tax dividends in the hands of shareholders is unlikely to lead to any significant decrease in the dividend payouts by companies. Tax incidence does not appear to be a factor in dividend policy decisions of companies. The ... More

ONGC mulls bidding for refining cos
OIL and Natural Gas Corporation (ONGC) is considering making a bid for refining companies, Hindustan Petroleum Corporation Ltd and Bharat Petroleum Corporation Ltd (BPCL), when the Government disinvests its equity in these companies shortly, ... More

`Cross-connection' at DoT
Department of Telecommunications (DoT), a crucial member of its core team which frames policy guidelines also happens to head one of the biggest corporate entities which has to abide by its decisions. According to informed sources, Dr D.P.S. ... More

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Top Stories
`No retrospective tax effect on discount bonds'

Bid to rejig manufacturing processes -- Production stopped at one Maruti unit

`Security, privacy are top barriers to more connectivity'

Retailing in for change in size, format: Survey

LIC to discontinue children's policy

PSU insurance cos fear cost escalation -- Embark on damage-limitation

Wheat MSP to be hiked by Rs 15 per quintal -- Centre gives short shrift to CACP proposals

Pact signed for India's first private satellite

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Mar. 10-Mar. 16
Run on AP co-op bank

Kerala employees withdraw strike

Dividend tax stays: Sinha

Foreign cos face tough action on tax defaults -- Assets abroad targeted for recovery of dues

IOC monopoly over import ends -- BPCL makes first spot crude buy

Industrial drag persists in Jan

ONGC rider on gas supply puts IPCL sale in a limbo

Interest cut on I-T refunds

Govt rethink on powers to hike excise rates

Govt retirement schemes for pvt sector employees?

Markets shrug it off -- Keep eye on March 15

Phone rentals hiked for commercial subscribers

Net telephony from April 1

Tribunal dismisses cell operators' plea -- Limited mobility cleared for fixed line service provider

No hurry to cut Bank Rate: Jalan

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