The Hindu Business Line : Saturday, January 04, 2003

GoM to examine airport leasing — Cabinet puts off decision
THE Union Cabinet today deferred by a month its decision on the leasing of the four metro airports at Delhi, Mumbai, Chennai and Kolkata. Briefing newspersons here, the Minister for Information and Broadcasting, Ms Sushma Swaraj, said that the ... More

Revenue share norm to revive paging
THE Union Cabinet has approved a revival package for the ailing radio paging services industry by ushering in a revenue-sharing regime in the place of the existing fixed licence fee structure. Briefing presspersons here on Friday, the Minister ... More

Industry to get tax sops to invest in R&D
Science, medical and engineering institutions will get new and easy funding modes to promote research. More

T+2 settlement from April — Will reduce risk, protect investors: SEBI
IN a move that would take the Indian stock trading system ahead of some of the developed equity markets, the Securities and Exchange Board of India (SEBI) has decided to further reduce the settlement cycle from T+3 to T+2 from April 1, ... More

No pre-Budget meetings, only written views
DISPENSING with the practice of holding pre-Budget meetings with various groups, the Finance Minister, Mr Jaswant Singh, today decided to invite written comments from experts, which he said were "far more relevant and useful" than holding ... More

Brokers told to pay 50% of turnover fee by March 31
THE Securities and Exchange Board of India (SEBI) has asked stockbrokers to pay 50 per cent of the turnover fee before March 31. In a circular issued to stock exchanges, SEBI said the facility for making 50 per cent of the turnover fee would ... More

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