Financial Daily from THE HINDU group of publications
Monday, May 31, 2004

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Dividends lag behind earnings; pay-out flat
CORPORATE India may not be in the mood to fully loosen its purse strings, despite a good earnings season for the top companies. For 108 companies (constituents of BSE 200), which have announced dividends in 2003-04, the dividend growth of 23 per ... More

Drug industry keeps fingers crossed on pricing policy
AS the new Government's Common Minimum Programme (CMP) gradually plays itself out - the mention of the P-word with regard to health has fuelled the pharma industry's fears on drug pricing. The issue evokes intense emotion, leading players ... More

STCI to enter portfolio management
THE Securities Trading Corporation of India Ltd (STCI), will soon enter portfolio management and equity trading business to augment its income stream. The corporation has already received approval from the RBI and SEBI for starting portfolio ... More

Top cricket sponsors eye other events too
SAMSUNG, AirTel and Hero Honda are, in the ad world, popularly called the new czars of sports sponsorship. These companies and some others are not only sponsoring cricket and football but are supporting other sporting events as well. The ... More

Warning logo no major problem for cigarette cos — Beedi, gutka makers say changing design difficult
AFTER the ban on advertising of tobacco products, the next big challenge is arriving at a consensus on the new packaging design. Different manufacturers have expressed divergent views on how to accommodate the `Tobacco Kills' line and the ... More

CII study shows increase in positive confidence
THE Business Confidence Index (BCI) of the Confederation of Indian Industry (CII) for the period April-September this year shows that there is an increase in the positive confidence amongst the domestic industrial community. In a statement, ... More

Drop in readymade garments exports to US
EXPORTS of readymade garments (RMGs) from the country registered a modest decline of 0.82 per cent in dollar terms during the first four months of the calendar year as compared to the corresponding months of 2003 by fetching $1,970.1 million on a ... More

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