Financial Daily from THE HINDU group of publications
Friday, April 30, 2004

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TRAI proposes lower duties for broadband push
INDIA can achieve 20-million broadband and 40-million Internet subscribers by 2010 if the Government steps in with reduced duties and takes major e-governance initiatives, according to the recommendations on broadband presented by the Telecom ... More

Reliance profit tops $1-billion mark
DRIVEN by higher margins in its refining and petrochemicals businesses, Reliance Industries Ltd today became the first private sector Indian company to report annual earnings of more than a billion dollars. The oil ... More

Hind Lever PAT takes a 21% dip in Q1
COMPETITIVE pressures appear to have finally caught up with Hindustan Lever Ltd (HLL) as the FMCG major ended the first quarter of 2004 with a 21 per cent decline in profit after tax at Rs 302.91 crore (Rs 382.92 crore). If an exceptional item ... More

Bharti cell licences move into unified access service
BHARTI Tele-Ventures (BTVL), one of the leading private sector providers of telecommunication services in the country, on Thursday announced that all its 15 existing cellular mobile licences have been migrated to `Unified Access Service Licence' ... More

GDP may rise to 7.1 per cent this fiscal, says NCAER
THE National Council of Applied Economic Research (NCAER) on Thursday revised its recent GDP projection for the current fiscal from 6.7 per cent to 7.1 per cent now "as the year has begun on a strong platform for growth" though it tinged the ... More

Gold, silver crash
GOLD and silver prices witnessed a heavy fall on Thursday in the domestic market on decline in the dollar and China's move to slow its economic expansion. Gold tends to decline on dollar strength as it is traded in dollar, while China's move ... More

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