Financial Daily from THE HINDU group of publications
Tuesday, April 23, 2002
Markets (April 22)
BL 2501137.92 (-0.99)
BSE Sensex3390.25 (+25.85)
S&P CNX Nifty1104.15 (+3.85)
Dollar (Buy/Sell)48.87/49.00
Gold Std (10 gm)5060 (+10)

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Bharti makes international calls up to 40 pc cheaper
INTERNATIONAL call charges have finally started tumbling down, with Bharti Telesonic Ltd - the long-distance arm of the Bharti group offering tariffs that are up to 40 per cent lower than the existing rates. Announcing this at a news ... More

VSNL stays silent
DID you know that international calls routed through the gateways of Videsh Sanchar Nigam Ltd (VSNL), the sole international long-distance (ILD) operator in the country, are cheaper by 14 to 17 per cent starting April 1? Chances are you don't. ... More

Project investments up 9% -- Centre takes the lead while foreign cos shy away
EVEN as total investments in all projects in India went up by 8.9 per cent in 2001-02 with the Union Government taking the lead, foreign investors shied away, recording negative growth. According to the survey on project investments in India, ... More

Vidya Chhabria is new chief of Jumbo group
MS Vidya Manohar Chhabria, wife of Manu Chhabria, who died early this month, has taken over as Chairperson of Shaw Wallace and other group companies. The board of directors of the Jumbo group in India, which controls these companies on Monday ... More

Investment cap on relief bonds for retirees goes
IN a major relief to retiring employees, the Government on Monday issued a clarification that the limit of Rs 2 lakh on investments in the 8-per cent GoI Relief Bonds will not apply to investments made by retiring employees including those ... More

`Speculative' deals to be redefined
CHANGES in the definition of a "speculative transaction" and the tax treatment on such transactions are on the cards. The high-level panel appointed by the Finance Ministry to examine a host of tax-related issues pertaining to speculative ... More

NPA classification norms for NBFCs changed
THE Reserve Bank of India has made norms for NPA classification for non-banking finance companies (NBFCs) at par with banks from March 31, 2003. The banking regulator said the current past-due (currently 30 days) concept for identifying NPAs ... More

Where `back to normal' means more mayhem
AFTER one week of relative respite, the merchants of death and destruction are at it again in Ahmedabad. This has put paid to hopes that the worst was over and the issue at hand was one of rebuilding mutual trust and confidence amongst the two ... More

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Top Stories
Budget creates an angry class

Dipping mining sector fortunes forced Atlas Copco's hands?

Power funds for States to be linked to performance

Investment cap on relief bonds for retirees goes

TCS to reduce intake -- Largest recruiter to go slow

Dabhol: GE won't budge on surety

Bharti makes international calls up to 40 pc cheaper

`Speculative' deals to be redefined

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Apr. 14-Apr. 20
Net rises 87.52 pc at Rs 462.93 cr -- Hero Honda to pay a total dividend of Rs 17

BJP wants I-T rebate, other sops restored -- Wait for Parliament discussion: Sinha

Oil marketing cos to have pricing freedom

Revenue Dept for restoring I-T breaks on dividends

`Mahajan effect' speeds up village telephony

Kotak Mahindra to merge four arms with itself

Hind Lever sales dip 10 pc, net rises 26 pc in Q1

Oil cos slash product prices

Strike brings cheque clearing to standstill

Sinha all set to restore I-T rebate

Satyam Info limited access may cost more

PMO to decide on dividend tax issue

Assured returns to foreign investors -- DoT pushing for further amendments to Cos Act

Centurion promoter Ahuja quits board

Farmers ready, but where are Bt cotton seeds?

Cabinet okays Bill for petroleum regulator

Caltex gets buy-out okay with 5-yr rider

Wipro net profit up 32 pc; Q4 revenues down 6 pc

Auto cos get FIPB green signal for new models

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