Financial Daily from THE HINDU group of publications
Saturday, March 15, 2003

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States still pay dear on Plan loans
WOULDN'T it be great if, in these times of soft interest rates, someone offers you a return of 10.5 per cent on debt, that too tax-free? Well, unfortunately you are not that lucky; for that you will need to be the Union Government. Indeed, ... More

Living Media set to take over Reader's Digest in April
COME April and the Indian Reader's Digest will be a part of the India Today group. The royalty issue, which had been delaying the deal for months, has finally been thrashed out, said officials close to the negotiations. The ... More

Idea Cellular CEO quits
THE Idea Cellular Ltd Chief Executive Officer, Mr Graham Burke, has resigned from his post, taking the cellular industry by surprise. While industry sources said Mr Burke was asked to resign, the Idea board member, Mr S. Mishra, refused to ... More

In corporate India, it pays to reward performers
GONE are the days of across-the-board pay hikes. Today, Indian companies are going in for performance-pay structures, a norm that has been in practice for several years among MNCs operating in the country. A recent study by Hewitt bears out ... More

News channels gear for war action
IT'S not just CNN which has gone on an extensive shopping spree or other international channels such as NBC and CBS which are busy hunting locations, preparing equipment and training reporters for the impending US attack on Iraq. But, our own ... More

The pull of S. Africa, courtesy Team India
IT would seem that all roads lead to South Africa. The team's World Cup successes have given Indians, who have taken to foreign holidays with gusto, yet another reason to pack up and seek foreign shores. They are touching down in South Africa in ... More

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