The Hindu Business Line : Tuesday, December 30, 2003

Bulls on the rampage; Sensex gains 98 points
THE bulls are charging ahead. Even the usual year-end holiday mood is absent in the stock market. While a section of the market is expecting profit-booking for some time now, active buying from institutional investors is keeping bears at ... More

SBI cuts deposit rates; benchmark PLR at 10.25 pc
STATE Bank of India has fixed its benchmark prime lending rate (PLR) at 10.25 per cent, effecting a cut of 0.25 percentage point from the existing rate. The bank has also announced a deposit rate cut of 0.25 percentage point in particular ... More

ONGC, Gail: Govt calls for bids from merchant bankers
THE Government has decided to cut short the time-consuming procedural steps involved in the appointment of merchant bankers/lead managers to help sell equity in ONGC and Gail within the remaining three months of the current fiscal. "The ... More

PIA `Jumbo' to fly into Delhi on New Year day
A PAKISTAN International Airlines (PIA) `Jumbo' is scheduled to touch down at Delhi's Indira Gandhi International airport on January 1 at 4 p.m. heralding the reopening of direct air links between India and Pakistan. "The January 1 flight from ... More

UTI Bank to pick up stake in two Shriram group cos
UTI Bank will pick up a little over 5 per cent stake in two Shriram group companies - Shriram Investments Ltd and Shriram Transport Finance Company Ltd. The bank has an arrangement with the Shriram group, under which it makes available funds ... More

Dabur in talks with Anchor to sell Binaca brand
DABUR India may have found a buyer for its oral care brand, Binaca, which has been up for sale for some time now. According to industry sources, the company is in advanced talks with the Mumbai-based Anchor Health & Beauty Care to sell off its ... More

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