Financial Daily from THE HINDU group of publications
Saturday, March 23, 2002
Markets (March 22)
BL 2501121.15 (-1.55)
BSE Sensex3516.11 (-20.15)
S&P CNX Nifty1138.45 (-5.75)
Dollar (Buy/Sell)48.73/48.86
Gold Std (10 gm)4900 (+30)

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Dabhol lenders may recall loans
THE domestic lenders to the Dabhol power project are planning to recall their loans, a step prior to the sale of assets of the company, according to top industry sources. This would also mean that the present process of selecting a new ... More

Preferential placement for funds -- ITI in negotiation with BSNL
STATE-owned telecom equipment manufacturer ITI Ltd has approached Bharat Sanchar Nigam Ltd for large preference share placement on the lines of Mahanagar Telephone Nigam Ltd. Company sources said that negotiations were still on with BSNL for the ... More

Sinha hints at further rollback
THE Finance Minister, Mr Yashwant Sinha, has indicated that the demand for a rollback of the hike in postal rates and certain tax measures could be considered during the passage of the Finance Bill. Winding up the discussion on the Budget ... More

UTI seeks SEBI nod to roll over MEP 92
UNIT Trust of India (UTI) has sought the permission of the Securities and Exchange Board of India (SEBI) to roll over its Master Equity Plan 1992 (MEP92), which matures on March 31. UTI sources told Business Line that the fund had asked ... More

TotalFina in talks with Exxon to buy out LPG business
OIL major TotalFinaElf is in talks with Exxon Mobil for buying out the latter's LPG business in India. The deal is likely to be completed within a "couple of weeks", according to a TotalFinaElf official. "We are negotiating for buying out Exxon ... More

It'll be break-even for Pepsi under Bakshi
FOR Mr Rajeev Bakshi, the 44-year-old newly appointed Chairman of PepsiCo India, the task ahead is unlike that faced by any of his predecessors. In due course, he will drive the soft drinks major to break-even status ever since it began ... More

Lock-in goes for repatriation by NRIs, PIOs
IN yet another move aimed at providing non-resident Indians (NRIs) and persons of Indian origin (PIOs) greater flexibility, the Rerserve Bank of India has removed the lock-in period for repatriation of sale proceeds of immovable property ... More

English movie channels bask in Oscar glory
THE Oscar event this year may see Lagaan win the sweepstakes; but the English movie channels have already hit the jackpot. The four major English movie channels have made most of the opportunity and doled out a whole range of ... More

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Top Stories
Dabhol lenders may recall loans

Indian Bank tops in interest spread

IDFC likely to pick up 29 pc stake in Tanflora project

Sinha hints at further rollback

Govt focussed on NPA recovery, says Sinha

Panel against foreign investment in newspapers

English movie channels bask in Oscar glory

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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