The Hindu Business Line : Monday, September 22, 2003

New-age banks bet on variable pay plan
Reward for performance is the mantra on the horizon now
Companies are no longer ready to give fat increases in the guaranteed pay component but largesse in the variable component is increasingly the norm — but only for world-class results, mind you. More

Kharif oilseeds output to touch 131 lt
KHARIF oilseeds production in the 2003-04 (November-October) season is estimated to touch a near record level of 131.7 lakh tonne as compared to 84.1 lt produced in previous kharif season. In the last 10 years, higher kharif production at 132.3 ... More

IDBI: Govt move to retain 51% will be through Cabinet resolution
THE Ministry of Finance has decided that the commitment to retain Government holding in the Industrial Development Bank of India at minimum 51 per cent after its conversion into a commercial bank would come by way of Cabinet resolution. It will ... More

North's tax sops, natural resources act as baits — Consumer goods cos taking to the hills
FAST-MOVING consumer goods (FMCG) companies seem to be climbing mountains, literally. Across the country, they are making a beeline for the hills in the north, with the objective of setting up manufacturing facilities in the region. And the ... More

Small industries realigning to market forces: Study
A SNAP poll of small and medium enterprises (SMEs) conducted by the Confederation of Indian Industry (CII) shows a competitive market scenario and the sector's gradual realignment to market forces. While the sector foresees a positive shift in ... More

IMF calls for resuming Doha talks
THE IMF on Sunday called for political will on the part of countries to ensure a speedy resumption of the Doha Round, which is vital for strong global growth and development objectives and said that a unique initiative is being undertaken ... More

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