The Hindu Business Line : Monday, June 02, 2003

Captive VSAT licence fee to be cut
Further, the cost of leased line has been drastically reduced as compared to the cost of connectivity being provided through VSAT network. More

`Maruti IPO at a premium compared to competitors'
THE pricing of Maruti Udyog Ltd (MUL) initial public offer at Rs115 per share reflects a premium when compared to its listed international competitors such as Kia Motors, Hyundai Motors and Proton, on various investment parameters, brokers and ... More

GAIL makes counter offer for Haldia Petro
GAIL (India) Ltd has made an offer to acquire management control in the beleaguered Haldia Petrochemicals Ltd (HPL). In a meeting held late last week, GAIL countered Indian Oil Corporation's (IOC) offer to acquire 26 per cent stake in HPL and ... More

Exports up 8.71 pc in April
THERE is continuing good news flowing on the export front, notwithstanding a strong rupee. The opening month of the current fiscal has registered an export growth of almost nine per cent in dollar terms. According to the Director-General of ... More

Consumer finance fuels growth in durables sector
WANT by a colour television but don't have sufficient cash to pay? You need not worry, look around and you are sure to find a consumer finance scheme that suits your pocket. In fact, according to industry analysts, availability of consumer ... More

Response to resident foreign currency a/c still lukewarm
WHEN the RBI announced in its credit policy review six months ago, that resident Indians would be permitted to open Resident Foreign Currency (Domestic) Accounts, (RFCD), it perhaps expected that its "relaxation" would meet with a rousing ... More

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