Financial Daily from THE HINDU group of publications
Wednesday, May 01, 2002
Markets (April 30)
BL 2501138.04 (+19.07)
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Dollar (Buy/Sell)48.91/49.04
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UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund
UNIT Trust of India (UTI) has redeemed its Monthly Income Plan '97, which matured on Tuesday, at the assured rate of Rs 10 per unit. The country's largest mutual fund is expected to begin despatching redemption cheques to investors in about 10 ... More

You bet, forex is the bigger asset!
IT is common knowledge now that the country's foreign exchange reserves have increased spectacularly over the past decade — from $5.83 billion in 1990-91 to $21.69 billion in 1995-96 and $54.11 billion in 2001-02. What is less known, ... More

Oil cos may go in for staggered price hike
WITH global crude prices ruling firm in the $24-25 per barrel band and the Finance Ministry unwilling to reduce excise duties, public sector oil marketing companies are likely to effect a staggered increase in consumer prices of diesel and petrol ... More

Kellogg's Cheez-It is here with Indian touch
IF the competition wrote off Kellogg India as innocuous `small fry' in the biscuits and confectionery market, here's news. Kellogg India Ltd, wholly owned subsidiary of the Kellogg Company of the US, has just quietly soft-launched `Cheez-It', ... More

Powder is the flavour of soft drinks market -- Tang, Sunfill, Rasna, C-Sip, Fruit Kick up the ante
Though only a Rs 90-crore market compared to the Rs 5,000-crore carbonated soft drinks market, powdered soft drinks are seeing unprecedented action this year. More

Batata is now Idea Cellular
CELLULAR services giant Birla-AT&T and Tata (Batata) has christened itself Idea Cellular Ltd. Mr Ratan Tata, Chairman of the Tata group, unveiled the company's new name here on Tuesday. The company's new brand, !dea, will replace the ... More

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Praxis New!

Top Stories
Satyam to recruit more, foray into BPO

Industrial investment in AP up 12-fold in 2 years

Investments in 93 PSUs fully eroded by losses: CAG

Sugar mills see succour in `gasohol' policy

UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund

You bet, forex is the bigger asset!

ICICI Prudential unveils two new pension schemes

Oil cos may go in for staggered price hike

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Apr. 21-Apr. 27
Bank on security rules to tackle armed attack

Patkar to support KGF, Kudremukh causes

Contract farming fine but not corporate: Ajit

TRAI nod unlikely for free limited mobility pricing

New depository fees: Small investors to take a big hit

Bharti makes international calls up to 40 pc cheaper

`Speculative' deals to be redefined

Investment cap on relief bonds for retirees goes

DoT alarmed by phone surrenders

New routes for tax evasion -- Debt tools misuse under scrutiny

Reliance Q4 net dips 11.5% to Rs 672 cr

Host of rollbacks coming -- Dividend tax norms to stay with sops for shareholders

New motor insurance tariffs by mid-May

MIP '97 redemption -- SEBI to ask UTI to meet shortfall from reserves

Sinha treads `middle' path softly

Rollback leads to rise in tax saving scheme yields

Revenue Dept puts together comprehensive relief package -- Section 80 L benefits restored

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