The Hindu Business Line : Friday, November 28, 2003

Steel prices may be hiked yet again
FACED with rising input and freight costs, domestic steel manufacturers may resort to another round of steel price increase in the near future, possibly next month. "There are signs of it," a senior industry official said today. The extent of ... More

India to become superpower by 2020: Naidu
SUPPORTING the ongoing reform process, the Andhra Pradesh Chief Minister, Mr N. Chandrababu Naidu, has said that the country is headed towards becoming a developed nation and a superpower by the year 2020, where The Hindu, which is ... More

Samir Arora moves HC for getting SAT constituted
MR Samir Arora, former Chief Executive Officer of Alliance Mutual Fund, has moved the Bombay High Court seeking directions to the Government to constitute the Securities Appellate Tribunal at the earliest, a source close to the development told ... More

New private banks `weeding out' corporate salary accounts
LEADING new private banks, aggressive to grow their businesses and build volumes, are in "weeding out" mode as many corporate salary accounts are seen to be "non-remunerative". IDBI Bank recently closed about 11,000 corporate salary accounts ... More

As North Block says no to reimbursement scheme... Oil Ministry moots 4 pc addl duty on petro goods
THE Petroleum Ministry has mooted levy of 4 per cent Special Additional Customs Duty (SAD) on mass consumption petro-products, petrol, diesel, LPG and kerosene. In a recent letter to the Finance Ministry, the Petroleum Ministry has mooted this ... More

Jet to raise Apex, Super Apex fares from Dec 1
JET Airways is to revise upwards its `Advance Purchase Excursion' (Apex) and `Super Apex' fares from December 1. The private sector scheduled airline will also offer a new 21-day apex fare from the same day. A passenger availing himself of ... More

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