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As treasury incomes shrink — Cash-rich companies head for cover
AS a conservative investor parking your savings in bonds, you may be feeling the pinch of dwindling returns. You are not alone. Some of the country's most affluent companies such as Hindustan Lever, Infosys, VSNL and ITC, who park their large ...
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ICICI Bank still not a member of Credit Information Bureau
WHILE foreign banks like Citibank, Standard Chartered Bank and HSBC are now eager to share customer data with the newly launched Credit Information Bureau of India Ltd (CIBIL), ICICI Bank, the largest retail lender in the country, is yet to ...
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Big budget films back in Bollywood
BOLLYWOOD appears to be heading into a busy season over the next four to six months, with several films - big budget and small - awaiting release. You have a Rs 35-crore Lakshya (a UTV project), directed by Farhan Akhtar of Dil ...
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Name change is the game
FROM cement to software and then on to bio sciences, the Hyderabad-based Hindustan Bio Sciences Ltd has come a long way. And the move hasn't hurt its stock price in recent times, either. The stock has gained 147 per cent in value since the ...
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TRAI for taking mobile phones out of 1/6 scheme
THE Telecom Regulatory Authority of India (TRAI) has asked the Government to remove mobile phones from the `1/6 scheme,' which makes it mandatory for all mobile subscribers to file income-tax returns. TRAI feels that if mobile phone subscribers ...
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Phone subscriber base reaches 78 m
THE country's telephone subscriber base has touched 78 million by the end of April 2004 - a month when 1.65 million new users were added. The total number of subscribers (both fixed and mobile), stood at 55.12 million in April 2003, which ...
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