The Hindu Business Line : Wednesday, December 17, 2003

Quarterly results: Adding to corporate burden?
YET another corporate governance issue could soon come to boil. After having seen the back of mandatory listing in the regional bourses, listed companies seem to have set their eyes on the regulatory norm that requires them to make quarterly ... More

S&P raises India's foreign currency rating to stable
STANDARD & Poor's Ratings Services (S&P) today revised the outlook on India's long-term foreign currency rating to `stable' from `negative', taking into account the country's rising foreign exchange reserves. However, the outlook on the ... More

HSBC may have to `pay more' for 14.7 pc in UTI Bank
THE HSBC group may have to pay a higher price than the Rs 306-crore to CDC Financial Services (Mauritius) Ltd (CDC-FSL) and the South Asia Regional Fund (SARF) for buying out their combined 14.7 per cent stake in the UTI Bank in case they revise ... More

`Govt to raise FDI cap in pvt banks'
THE Finance Minister, Mr Jaswant Singh, has said that the Government has in principle decided to enhance the limit of foreign direct investment (FDI) in banking companies. In a reply to Parliament, Mr Singh said the hike in FDI would not have ... More

Ads thunder before Indian wonder Down Under
AS India inched towards a historic win over Australia in the second Test match of the ongoing cricket series, advertisers - big and small - too jostled for their share of the limelight. The penultimate day of the Test match witnessed a ... More

Reliance urges NTPC Kayamkulam plant relocation to Kakinada
IN a bid to win a large customer base, Reliance Industries Ltd (RIL) has recently written to the Power Ministry seeking relocation of National Thermal Power Corporation's (NTPC) proposed 1950-MW capacity addition at Kayamkulam in Kerala to ... More

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