The Hindu Business Line : Saturday, July 26, 2003

CDC Capital wins bid for Punjab Tractors
THE UK-based private equity investor, CDC Capital Partners, has won the bid for the Punjab Government's 23.5 per cent stake in the country's second largest tractor maker, Punjab Tractors Ltd. According to officials close to the disinvestment ... More

ICICI Bank Q1 net up 34 pc on strong interest income
WITH increase in retail assets and lower cost of funds, ICICI Bank has posted an over 34 per cent jump in net profit for the first quarter ended June 30, 2003 at Rs 340.2 crore, up from Rs 252.9 crore in the corresponding period of the previous ... More

SC issues notices on HPCL, BPCL divestment
THE Supreme Court on Friday issued notices to the Union Government, HPCL and BPCL on a public interest litigation (PIL) challenging the Centre's move to disinvest its stake in the two oil PSUs without seeking Parliamentary approval. A Bench ... More

Shourie going for WTO Montreal meet, not Jaitley
IN the midst of the CBI-generated chaos in Parliament pertaining to the Ayodhya issue, the Union Law Minister, Mr Arun Jaitley, who defended the CBI action, was today temporarily divested of the WTO-responsibility with the Government proposing to ... More

Touchtel cuts ISD rates
TOUCHTEL, the basic services brand of the Bharti group has slashed its ISD call charges by over 33 per cent, to Rs 15.99 per minute from Rs 24 per minute during peak hours on weekdays. According to an official statement from the company, on ... More

UK institute has good news for Indian CAs
INDIAN chartered accountants aspiring to become members of the Institute of Chartered Accountants in England and Wales (ICAEW) have a cause to cheer. The ICAEW has agreed to credit five exemptions towards the Professional Accountancy Stage of the ... More

Waking up to `diversity' concept in HR
INFOTECH companies braved it first, the pharma sector is feeling the heat of it and soon, the others should be waking up to the D-word too. Amid growing concerns like globalised businesses, crowded markets and attrition, corporate India is slowly ... More

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