The Hindu Business Line : Monday, September 08, 2003

Development financing role even after conversion into bank — Govt, not RBI, to license IDBI
THE Reserve Bank of India would be taking a back seat when the Industrial Development Bank of India (IDBI) is welcomed into the world of commercial banking. According to latest plans drawn up by the Ministry of Finance, though IDBI would be ... More

FIIs active in cash-derivatives arbitrage
AFTER investing aggressively into the cash market, FIIs have also started doing arbitrage between the cash and derivatives market, according to brokers. This is evident from the increased investment of FIIs in the derivatives market in the last ... More

Infy's '94 ESOP to churn out more fresh millionaires
HUNDREDS of Infoscians could join their millionaire colleagues as the 1994 employee stock option plan gives rights to over a million Infosys Technologies shares to hundreds of its employees in the near term. The shares, which at par value of ... More

Political image-making gets a push-up
With the proliferation of local cable and news channels, it is important for the local politicians to be visible. More

Banks prefer outsourcing for specialised jobs
Banks are taking care not to outsource functions that involve cash handling or ones that would violate security concerns of its clientele. More

Mission project to reconstruct story of civilisation
IN an effort to reconstruct the story of civilisation based on the exciting marine archaeological finds in the Gulf of Cambay off the coast of Gujarat, the Department of Ocean Development (DoD) has launched a national mission project with ... More

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