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Wednesday, March 31, 2004

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Many may miss SEBI deadline on unique ID number
SEVERAL stock market intermediaries are yet to receive the unique identification number (UIN) even though the March 31 deadline is merely hours away. The Securities and Exchanges Board of India (SEBI) has regulated that "specified ... More

ONGC allotment issue may be sorted out today
THE issues surrounding the over-allotment of ONGC shares to a section of investors is likely to be solved by Wednesday. Officials at MCS Ltd, the registrar to the ONGC public issue, said by Wednesday morning, the actual number of shares ... More

Power Trading Corpn again postpones share listing
THE ONGC imbroglio now seems to have ensnared Power Trading Corporation too, which is in the process of completing one of the hottest equity issues of the year. The power trading company has had to postpone for the second time listing its new ... More

Air India insurance premium maintains southward trend
FOR the second year in a row, the state-owned international carrier, Air India (AI), has seen a southward movement in the insurance premium it has to pay to cover its fleet of 33 aircraft. Sources told Business Line that while there has ... More

Beware of the SPIM googly
SPIM, the short form for `Spam over instant messaging', is usually a one-line sentence that pops up when you are engaged in instant messaging such as chatting. It is estimated that such intrusive, unsolicited messages would triple to 1.2 ... More

Shampoo war: How will it wash?
ANOTHER round of price war between the two FMCG majors, HLL and P&G, is on the cards. P&G is expected to reduce the prices of its shampoo brand Pantene from April 1. The company is also introducing a new variant to arrest hair fall under its More

Godfrey Phillips sees nothing surrogate here
GODFREY Phillips India (GPI) sees the `Red &White Bravery Awards', established in 1990, as a social initiative that is part of its corporate social responsibility. It does not see the ad ban on cigarettes and tobacco products, from May 1, ... More

BJP to continue reforms on a self-reliant path
THE Bharatiya Janata Party (BJP) today spelt out in its vision document that it would "broaden and deepen economic reforms, based on a self-reliant approach, for sustained double-digit GDP growth rate to achieve complete eradication of poverty ... More




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