The Hindu Business Line : Sunday, January 12, 2003

Foreign blue chips no green pasture — Several Indian affiliates outdo parents in stock market
THE Finance Minister on Friday said mutual funds and individuals would be allowed to invest in certain listed companies overseas. Mutual funds, in fact, would be able to invest up to $1 billion. But if you think your portfolio would benefit from ... More

Dollar piles up in RBI's godowns
THE position of the Reserve Bank of India is somewhat like that of the Food Corporation of India (FCI), and analogies may not be wholly out of place in the present context when the country is flush with foreign exchange reserves. Just as the ... More

Limited review of quarterly results made mandatory
IN an effort to further tighten disclosure norms, the Securities and Exchange Board of India (SEBI) has made mandatory limited review for unaudited quarterly financial results of companies by their auditors from the quarters ending on or after ... More

All that glittered last year was gold
GOLD was the strongest major currency in 2002 as it outperformed the other major currencies by between nine and 25 per cent over the year. The yellow metal also outperformed the major stock indices such as the FTSE, the Dow, the Nikkei and the ... More

Air India to hive off handling work
AIR India is to hive off its ground handling services. The airline's board, which met here today, gave `in principle' approval for the formation of a company to look after ground handling services. Official sources said it would take months ... More

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