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Sunday, February 02, 2003

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October-December quarter performance — Happy tidings on earnings front
THE last quarter of 2002 has left a happy swathe of earnings numbers for companies cutting across the board in India Inc. Only two sectors - cement and telecom - were conspicuous for suffering in earnings. The IT sector had a modest ... More

Exports surge 34% in Dec
THE country's foreign trade seems to be going through a refreshingly buoyant phase as both exports and imports have been registering handsome growth continuously during the current fiscal. Exports have registered 34 per cent growth in dollar ... More

Forex reserves rise to $73.2 b
THE country's forex reserves surged to touch $73.205 billion with an increase of $805 million for the week ended January 24, 2003, up from $72.400 billion for the previous week, as per the latest RBI statistics. Heavy and consistent dollar ... More

Allegation of licence norms violation — TRAI shoots off letter to Tata Tele
THE battle between the private cellular operators and private basic services operators refuses to die down. This time again it is Tata Teleservices Ltd (TTSL), which is the target of the mobile operators. Following complaints made by them, the ... More

Gifting of shares — NRI relative defined
FOLLOWING a major shift in policy in January permitting transfer of Indian equity to non-residents Indians by way of gifts on non-repatriation basis to close relatives with an annual limit of Rs 10 lakh, the Government has now decided that for ... More

McDowell leads the way in heritage liquor
SUDDENLY the buzz is on heritage liquor. Close on the heels of the Rajasthan Government's decision to allow royal families sell liquor made in their homes, the domestic spirits major McDowell & Co has jumped onto the heritage liquor bandwagon in ... More

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