Financial Daily from THE HINDU group of publications
Friday, April 19, 2002
Markets (April 18)
BL 2501165.44 (+7.89)
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Dollar (Buy/Sell)48.87/49
Gold Std (10 gm)5040 (+10)

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Farmers ready, but where are Bt cotton seeds?
IT is not only the farmers in the northern region who will be denied the opportunity to plant Maharashtra Hybrid Seeds Company Ltd's (Mahyco) Bt cotton this year. The bulk of cotton growers in the rest of the country, too, are unlikely to obtain ... More

Cabinet okays Bill for petroleum regulator
The regulatory board will also authorise entities to market petroleum products, lay down service obligations for retail outlets and marketing entities and monitor prices of petroleum products. More

Marico moots 1:1 bonus
THE Marico Industries board has recommended a bonus issue of shares in the ratio of 1:1. For the year ended March 31, 2002, the FMCG company has reported a nine per cent increase in net profit at Rs 50.1 crore (Rs 45.8 crore). The board has ... More

HCL Insys net down 43 pc
HCL Infosystems Ltd (HCL Insys), a Delhi-based computing major, on Thursday announced a 43-per-cent drop in its net profit for its third quarter ended March 31, 2002 at Rs 10.28 crore against Rs 18.18 crore in the corresponding quarter last ... More

Fund-Bank annual meet opens today
THE role of the International Monetary Fund (IMF) in crisis management, combating money laundering and financing of terrorism are some of the major issues for discussion at the annual spring meetings of the World Bank and IMF beginning in ... More

World tunes to news channels as real life gets deadly
"The truth of an individual's nature begins to emerge as instinct shows its old forgotten face" - renowned ice climber Jeff Lowe in `The Ice Experience.' Ice climbing and television viewership are poles apart. But as the world before ... More

Govt to retain majority stake in Nalco post-divestment
THE Union Minister for Coal and Mines, Mr Ram Vilas Paswan, has made it clear that the Government will continue to maintain its majority shareholding in National Aluminium Co (Nalco). Talking to presspersons after inaugurating the Rs ... More

FII investments sharply down on Gujarat events
WITH riotous mobs and fiendish arsonists laying siege to Gujarat, arguably the country's richest State, and cracks surfacing in the coalition Government at the Centre, institutional investors are showing signs of uneasiness. Investments by ... More

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Top Stories
Dyers' failure to meet norms -- Pollution notices to Tirupur units

Farmers ready, but where are Bt cotton seeds?

Cabinet okays Bill for petroleum regulator

Policyholders' protection regulation in the offing

Interest rate adharma

Delaying VAT is no taxing issue

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Apr. 7-Apr. 13
Close end redemptions may drain UTI coffers

WHO's new mantra: Put on your jogging shoes

TN to push for number one position in FDI flow

Manu Chhabria dead

MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m

Norms for dividends sans depreciation under study

Bharti makes an international call

Govt set to distance itself from UTI, give up powers -- Act amendment on the cards

Direct tax mop-up falls short of target

Rajasthan tax plays havoc with Gujarat gold trade -- Business drops 50 pc to Rs 6,000 cr

IT is still highway as far as jobs go

SEBI to decide on UTI schemes shortfall issue

Infosys posts 37 pc growth in revenue -- Net up 28.5 pc; to pay Rs 20 total

Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

FII investment in telecom to be outside FDI cap

I-T rules on perks to be eased further

UTI team to examine audit reports of 9 cos

It's a different `dot' game

Ranbaxy UK arm a problem child?

MRPL may go into Reliance fold -- Birlas, HPCL in talks to shed part of stake

3 key Budget proposals being reviewed by Govt

EPF trustees stick to 9.5 pc

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