The Hindu Business Line : Thursday, September 11, 2003

ONGC may share LPG, kerosene subsidy burden
THE Government is considering a proposal to transfer some of the burden of subsidy on LPG and kerosene on to ONGC. Currently, the public sector oil marketing companies, IOC, HPCL and BPCL, bear the entire brunt of this subsidy. These ... More

Agriculture holds key to success at Cancun
AS the ministerial conference of the WTO gets under way, the world's oldest avocation, agriculture appears to hold the key to the success of the Doha Round talks, with trade majors like the US and the EU unrelenting in their posture and ... More

SCI board mulls interim dividend?
IS the Shipping Corporation of India (SCI) about to issue a bumper interim dividend to enable the Government to draw a part of its reserves ahead of its disinvestment? There is much speculation on this after the company announced the record ... More

AP makes Rs 75 cr from sell-off
THE Andhra Pradesh Government has realised a sum of Rs 75.33 crore for offloading its stake in ACC, VST, Sirpur Paper Mills Ltd and Tata Motors after all the four purchasers made the final payments for the shares on Wednesday. Within days of ... More

M&M loses bid for Valtra unit
MAHINDRA & Mahindra Ltd (M&M), which had submitted a bid for acquiring the tractor business of Valtra Oy AB, Finland, and Valtra do Brasil Ltd, Brazil, from its owner Kone, has lost out in the race. M&M does not see it as a setback and says ... More

It's of no account, this Duncans AGM
THE ninth AGM of Duncans Industries Ltd, the flagship company of former FICCI President, Mr G.P. Goenka, held on Wednesday was adjourned until further notice, as the company failed to prepare the balance sheet and the profit-and-loss account. ... More

Acquisition rumours push MTNL up
THE stock of the state-run telecom service provider, MTNL, rallied sharply amid huge volumes on the bourses today. The stock, which has been languishing for some time now, got a fresh lease of life on acquisition rumours. Market grapevine has ... More

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