The Hindu Business Line : Tuesday, September 30, 2003

BSE to allow listing of cos with Rs 3-cr capital
IN an effort to encourage small companies to tap the primary market, the Bombay Stock Exchange (BSE) on Monday decided to permit listing of the shares issued by small cap companies. Under this, companies having paid-up capital of Rs 3 crore, ... More

ONGC to buy Cairn's stake in 2 oil, gas blocks for $100 m
OIL and Natural Gas Corporation (ONGC) is set to acquire Scottish exploration company Cairn Energy Plc's stake in two oil and gas blocks in Bay of Bengal and Gujarat offshore for around $100 million. As part of the deal, Cairn will get a 15 per ... More

Fixed deposit market losing flavour?
THE fixed deposit market in India is shrinking by the day with more corporates deciding to pull out by suspending their deposit schemes, at least temporarily. Tata Tea is the latest blue chip outfit that has stopped offering FDs to investors, ... More

SPIC turns sick, referred to BIFR
SOUTHERN Petrochemical Industries Corporation (SPIC) has been referred to the Board for Industrial and Financial Reconstruction (BIFR), consequent to an erosion of the company's net worth to less than 50 per cent of its highest net worth in the ... More

`Accreditation of labs need of the hour'
THE importance of being quality conscious was underlined more than ever before, with the country's top regulators and the cream of the pharma world pointing out the need to accredit laboratories. There is no system currently in place to make ... More

Coke sludge not hazardous, says Kerala pollution board
THE Kerala State Pollution Control Board (KSPCB) has said that the solid waste generated from the Coke bottling plant in Palakkad district in Kerala would not come under the purview of hazardous waste. Disclosing results of a study conducted ... More

Inter-State gas pipelines under single co likely
THE draft policy on natural gas pipeline released here today has proposed that all inter-State pipelines will from now on be set up by a single company notified by the Government. For the period that the Government notifies the company, GAIL ... More

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