Financial Daily from THE HINDU group of publications
Monday, August 01, 2005
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Financial Daily from THE HINDU group of publications Monday, August 01, 2005 |
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MONEY & BANKING FINANCIAL SERVICES Insurance service cells THIRUVANANTHAPURAM: The city-based Capstocks and Securities India Pvt Ltd is launching insurance service cells in its branches. Insurance services in the company's outlets will be provided through a tie-up between Capstocks Financial ... More INSIGHT 
Yuan revaluation — How much is it really worth for US?The US seems to be barking up the wrong tree when it insists that China's revaluation can be a cure for its own problems. Ultimately, its solution lies in its own hands. It has to increase its savings, reduce its budget deficit and set its house in o rder. China may be playing along with the US' demands, fully aware that no one can blame it if the latter finds itself in a mess of its own creation, says S. Venkitaramanan. More FINANCIAL PERFORMANCE IDBI net profit at Rs 109 cr IDBI Ltd has reported a net profit of Rs 109 crore for the quarter ended June 30, 2005 against Rs 307.26 crore for the six-month period ended March 2005. The financial result of the first quarter of 2005-06 is not comparable with that of the ... More
IndusInd Bank Q1 net drops to Rs 40 crore GENERAL INSURANCE KSFE to sell National Insurance products THE State Government-owned non-banking finance company Kerala State Financial Enterprises (KSFE) has entered into an agreement with National Insurance Company Ltd by virtue of which it would be made a Corporate Agent for the general insurance ... More
Bajaj Allianz gears up for claims deluge FINANCIAL MARKETS Data back-up centres to the rescue of financial sector THE torrential rain, which paralysed life in Mumbai last week, could have wrought havoc on business continuity had it not been for the alternative data back-up centres established by financial organisations in other cities. Though in some ... More DEBT MARKET 
Banks stay away from fresh purchasesBONDS remained firm last week propelled by liquidity influx driven by deposit growth and also escalation in foreign currency inflows. Traders said that part of the liquidity build up in the banking system was on account of refunds of advance ... More PUBLIC SECTOR BANKS SBBJ hopes to achieve Rs 40,000-cr business STATE Bank of Bikaner & Jaipur (SBBJ) hopes to achieve a total business of Rs 40,000 crore during 2005-06, up from the Rs 31,000 crore it has clocked during the year ended March 31, 2005. Its net NPA to net advances ratio, which stood at 1.61 .. More GOVT BONDS Ten-year bonds should stay in 6.75-7 pc range Thanks to the aggressive RBI intervention in the forex market and some MSS cancellations, even the liquidity situation has improved quite dramatically. More MERGERS & ACQUISITIONS Reliance Life buys AMP Sanmar THE Chennai-based Sanmar group today announced the sale of its interests in AMP Sanmar Life Insurance Company to Reliance Life Insurance, a subsidiary of Reliance Capital Ltd (RCL). An official statement from Reliance Life Insurance said: "The ... More TRENDS Banks, stock markets to remain open in Mumbai despite rains THE rain-hit city of Mumbai is still out of gear. Train, bus and air services, restored partially from Friday, were disrupted again following heavy rains since last night. The State Government has ordered closure of educational institutions in ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 24-Jul. 30 Forex reserves rise by over $600 m LIC, SBI in fray for pension fund manager slots RBI upbeat on growth Yuan-rupee in focus as China is top imports source Heavy provisions, loss on investments sale — Andhra Bank Q1 net falls to Rs 85 crore Insurance cos bracing for flood of claims Reliance Cap in talks to buy AMP Sanmar |
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