The Hindu Business Line : Wednesday, March 05, 2003

Essential Commodities Act to be amended — Govt to tighten grip on sugar sale
THE Government has decided to amend the Essential Commodities Act, 1955 (ECA) to bring the release mechanism that governs the quantum of sugar that mills are allowed to sell in the open market in a particular month directly under the Act's ... More

Insurance premia set to go north
INSURANCE premiums, both life and general, are expected to show hefty increases in line with the hike in the service tax rate to 8 per cent announced by the Finance Minister, Mr Jaswant Singh, in the budgetary proposals for 2003-04. The ... More

Dabur charts big plans for FMCG biz
THE Rs 1,163-crore Dabur India Ltd is set to scale up its FMCG business, about a month after it formally announced the demerger of its pharmaceutical business from its FMCG business. Speaking to Business Line, Mr Sunil Duggal, Chief ... More

8 pc growth difficult: PM
THE Prime Minister, Mr Atal Bihari Vajpayee, has admitted that achieving eight per cent growth in the economy may be difficult because of the drought conditions across the country. However, it would not be a difficult task if all the political ... More

DoT directed to pay interest to cell cos
THE Supreme Court has directed the Department of Telecommunications (DoT) to refund the interest on licence fees collected from Birla AT&T, BPL Mobile, Escotel and Fascel following their migration from the licence fee system to the ... More

More IT cos expected at IIM-B recruitment
DURING the imminent campus recruitment process at the Indian Institute of Management, Bangalore (IIM-B) the class of 2003 is likely to get a larger number of offers from Indian IT companies compared to last year. Speaking to Business ... More

Marsh India gets broking licence
THE US-based insurance service firm, Marsh Inc, has received the licence for operating as an insurance broking firm in India. It has already set up a joint venture in India - Marsh India Pvt Ltd - with an Indian company, Rampart. Marsh India ... More

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