The Hindu Business Line : Friday, March 29, 2002

PSU stocks ride high on HZL divestment
STOCKS of almost all public sector undertakings rose on Thursday, the last trading day of the current fiscal, over the sale of the Government stake in Hindustan Zinc Ltd. Among the stocks that were in the limelight were BHEL, BPCL, IOC, IPCL, ... More

Daewoo India mulls contract manufacturing
FACED with the prospect of not being part of the global sale of Daewoo Motor Corporation's assets to General Motors, Daewoo Motor India Ltd (DMIL), the majority-owned subsidiary of the bankrupt Korean automobile company, is mulling entering into ... More

9-group norm for urea retention price proposed
THE proposal to introduce a Group Concession Scheme (GCS) for indigenous urea plants to replace the existing unit-wise retention price-cum-subsidy (RPS) scheme is slated to undergo significant modification, with the Department of Fertilisers ... More

Naik to take up petroleum product pricing with Sinha
THE Petroleum Minister, Mr Ram Naik, on Thursday indicated that he would be taking up the issue of fiscal intervention with the Finance Minister so as to ensure that the existing price levels of kerosene, LPG, diesel and petrol were maintained. ... More

Govt inclined towards softer rates: Sinha
THE Finance Minister, Mr Yashwant Sinha, has said that the Government will continue to maintain its bias towards a softer interest rate regime. Welcoming the 50 basis points cut in prime lending rate announced by State Bank of India (SBI), Mr ... More

Sony bags TV rights for cricket World Cup
IN the biggest-ever broadcast licensing deal in cricket, Sony Entertainment Television (SET) has acquired the exclusive cable and satellite TV rights for live telecast of ICC Cricket Tournaments to be held from 2002 to 2007. These rights for ... More

RPL signs deals with oil PSUs
RELIANCE Petroleum Ltd (RPL) today signed individual two-year contracts with Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) to sell around 13.1 million tonnes of products per ... More

Creeping limit period extended
THE Securities and Exchange Board of India (SEBI) has decided to continue with the ten per cent creeping acquisition limit for another six months, up to September 30, 2002. The creeping acquisition limit provided under Regulation 11(1) of the ... More

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line