The Hindu Business Line : Friday, September 05, 2003

FII inflows top Rs 15,000 cr
NET investments by Foreign Institutional Investors (FIIs) in the Indian capital market have crossed the record level of Rs 15,000 crore this year. Even in dollar terms, their investments have touched the record levels at $3.249 billion. The ... More

Taj will face competition on its own: Tata
JUST hours after the Hilton checked in through a strategic alliance with EIH Ltd, senior officials of the Indian Hotels Company Ltd (IHCL) told shareholders on Thursday that the Taj will face competition on its own. Speaking at the company's ... More

BSES calls for bids from power units — Plans to change procurement strategy
BSES Ltd, one of India's leading private sector power companies, has taken its first steps towards power trading under the newly ratified Electricity Act 2003. The Reliance Group company plans to change its power procurement strategy in line ... More

Global enquiries pep up Nilgiris tea trade — Malaysian co buys above market rate
IS it good news or bad, it's too early to say. In spite of falling prices, there have been enquiries to import teas — albeit plain-made teas — from the Nilgiris at higher than the current market rate. Industry sources told ... More

`Greenfield projects more viable' — UB group to set up 4 breweries
AN uncertain beer market nothwithstanding, the UB group is finalising plans to kick off four greenfield breweries. United Breweries Ltd, the flagship brewing entity of Mr Vijay Mallya, and Millennium AlcoBev (MABL), a three-way joint venture ... More

Tata Motors plans to enter armoured vehicles segment
LEADING automobile manufacturer, Tata Motors Ltd, is planning to enter the armoured vehicles segment in a year's time. According to a senior company official, the plan would cover armouring vehicles such as Safari, Sumo and a few models of ... More

Marginal rise in net direct tax revenues
THE declining trend in net direct tax collections this year, courtesy the Finance Ministry's decision to clear refund dues to assessees at the earliest, has finally been stemmed. During April-August 2003, the Centre's net corporation and ... More

Alstom okays industrial turbine business sale
ALSTOM Projects Ltd on Thursday said its board of directors have decided to sell its industrial turbine business to any affiliate or subsidiary of the Siemens group. The decision was taken at a board meeting held here and was based on a ... More

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