Financial Daily from THE HINDU group of publications
Tuesday, June 18, 2002
Markets (June 17)
BL 2501160.09 (+4.23)
BSE Sensex3323.50 (+11.43)
S&P CNX Nifty1088.90 (+3.20)
Dollar (Buy/Sell)48.94/49.07
Gold Std (10 gm)5230

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No changes in EPFO structure proposed -- Pension panel meet on June 24
EAGER to get pension reforms moving, the Ministry of Finance has decided not to propose any changes in the structure and powers of the Employees' Provident Fund Organisation (EPFO) and the existing pension-related schemes during the initial years ... More

Govt to extend guarantee to UTI
THE Government has decided to extend a guarantee to the Unit Trust of India (UTI), subject to certain conditions, to help the trust bridge the shortfall in two of its assured return schemes, due for redemption on June 30. The Government's ... More

SEBI bans CSFB from trading for two years
THE Securities and Exchange Board of India today suspended the registration of foreign broking firm Credit Suisse First Boston Securities (CSFB) for two years, effective April 18, 2001, for manipulation of stock prices in early 2001. The ... More

Lintas' co to promote Indian coffee abroad
THE Coffee Board has appointed Lowe Personal, a Lintas group company, to take up a project to promote Indian coffee overseas. McKinsey, which studied the industry, had recommended this as a step to improve awareness of Indian coffee in ... More

Mahindra net dips 15% to Rs 103 cr
MAHINDRA & Mahindra Ltd (M&M) has reported a 14.81 per cent reduction in net profit to Rs 102.69 crore for the year ended March 31, 2002, from the previous corresponding Rs 120.55 crore. Including adjustments pertaining to previous years, the ... More

Bank officers pitch for paternity leave
A FATHER first, a banker later. Heralding the age of equal rights, bank officers are now demanding paternity leave. In a recent "charter of demands" submitted by bank unions, officers of public sector banks have demanded a 15-day paternity ... More

Tata Chem tank collapse claims three lives
THE Tata Chemicals soda ash plant at Mithapur near Dwarka in Jamnagar district witnessed a bizarre accident today as two steel tanks of the unit collapsed on some seven workers who were at that time engaged in maintenance work underneath the ... More

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No changes in EPFO structure proposed -- Pension panel meet on June 24

In Depth
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Looking back
Jun. 9-Jun. 15
Infosys fears long-term effect of border tensions

Talks with contributors of UTI on new co soon

DoT, VSNL patch up -- Panel to decide on Tata Tele investment

Sensex up 83 points as war fears recede

`Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float

FI, bank funding of projects worth Rs 50,000 cr -- Special purpose vehicles for infrastructure likely

SAB close to buying stake in Shaw Wallace

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