The Hindu Business Line : Wednesday, October 29, 2003

As bank deposits growth decelerates — Post office saving schemes gain
IS there a flight of savings taking place from banks to the humble post office? On the face of it, this does seem to be the case. According to the Reserve Bank of India (RBI), aggregate deposits of scheduled commercial banks have grown by just ... More

Coke writes to JPC, seeks hearing
COCA-COLA India, one of the key players in the `pesticide-in-soft drinks' controversy, has sought a hearing with the Joint Parliamentary Committee (JPC) that is looking into the issue. This development comes even as the committee is to sit for ... More

Cell cos move SC against tribunal order on WLL
PRIVATE cellular operators have filed an appeal in the Supreme Court challenging the order of the Telecom Dispute Settlement Appellate Tribunal (TDSAT) that has given the green signal to limited mobility (WLL) services. According to an official ... More

Ashok Leyland Q2 net up 157%
ASHOK Leyland has reported a net profit of Rs 53.46 crore for the quarter ended September this fiscal, up 157 per cent from Rs 20.83 crore in the same period last year. The company has attributed the higher net profit to "high market demand ... More

Dabhol: IDBI, Rothschild make presentation
THE IDBI Chairman, Mr M. Damodaran, and representatives of NM Rothschild, advisors to financial institutions led by IDBI, today made a presentation to the Cabinet sub-committee headed by the Maharashtra Finance Minister, Mr Jayant Patil, on ... More

IOC to import 65,000 t LPG next month
THE country will import five additional cargoes of LPG in November to meet the shortfall in domestic cooking gas owing to an unplanned shutdown of a crucial unit of Reliance Industries Ltd's Jamnagar refinery. Indian Oil Corporation (IOC) ... More

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