The Hindu Business Line : Friday, October 03, 2003

`Global glut in labour, product markets' — Unctad warns of widening deflationary gap
"Asia has been most directly affected by the end of the IT boom in the US. However, India increased its growth rate to well over 5 per cent in 2001 and maintained a rate of 4.5 per cent in 2002 with its projection for 2003 being put at 5.4 per cent. More

ADB, IFC approach SEBI for raising funds, listing
INTERNATIONAL companies and financial institutions raising money in the Indian markets and listing their securities on the local stock exchanges may be a reality soon. "Indian companies has raised funds in the international market, but the ... More

NSG cover for Naidu likely
THE Andhra Pradesh Government is seriously considering heightening the security ring around the Chief Minster, Mr N. Chandrababu Naidu, to include the elite National Security Guard (NSG), even as a 5-member panel of doctors of the Nizam's ... More

SCI board meet today to consider bumper dividend
THE meeting of the board of directors of Shipping Corporation of India (SCI) scheduled for Friday to consider an interim dividend assumes significance on two counts. Firstly, the meeting is expected to recommend a bumper dividend ahead of the ... More

RBI project for 'cheque truncation'
THE Reserve Bank of India has undertaken a pilot project to truncate cheque clearance by eliminating physical movement of cheques. "We are toying with the idea of implementing the pilot project in New Delhi, we will later extend it to more ... More

Schreiber to acquire 49% stake in Dynamix Dairy?
SCHREIBER Foods, the world's largest privately held cheese company, is said to be in talks with Dynamix Dairy Industries Ltd (DDIL) for acquiring a 49 per cent stake in the latter. The $2-billion US-based cheese major already holds a 19 per ... More

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