Financial Daily from THE HINDU group of publications
Monday, February 13, 2006
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Financial Daily from THE HINDU group of publications Monday, February 13, 2006 |
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MONEY & BANKING AUDITING 
PSU banks cagey on getting more freedom to appoint auditors — Feel RBI better placed on this aspectAMIDST the clamour for freedom to manage their own affairs, banks feel that the Government's decision to grant autonomy to public sector banks to appoint statutory central auditors and branch auditors is something they could have done ... More LIFE INSURANCE 
Max NY Life embarks on major expansion driveBACKED by robust growth in 2005, Max New York Life Insurance Co (MNYL) is embarking on a major expansion drive during the current calendar year. With business nearly doubling in a year in terms of sum assured, MNYL plansto add 36 new offices in ... More GENERAL INSURANCE NIC sees Rs 200-cr net this year NATIONAL Insurance Company (NIC) is expecting a net profit of Rs 200 crore by the end of the current fiscal, up from Rs 141 crore in the previous year. The projected jump in the profit has been driven by a rise in the company's investment ... More GOVT BONDS 
Traders expect higher yields; defer purchasesBONDS were range-bound last week in thin and listless trading with most traders preferring to remain cautious. Traders' circumspection was also driven by expectations of signals on interest rate in the Budget. Most of them expect a ... More MERGERS & ACQUISITIONS Motilal Oswal buys Peninsular's capital market business MOTILAL Oswal Securities Ltd is to take over the capital market operations of the Kochi-based Peninsular Capital Market, for an undisclosed amount. Peninsular has 257 branches spread across 12 States, with major presence in Kerala, Tamil Nadu, ... More INTERVIEW 
`Sub-PLR lending will continue'INDIAN Bank has come a long way from the time it was considered the black sheep among public sector banks. The recovery process that is still under way has been slow and painful despite the bailout package of nearly Rs 3,800 crore offered by ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Infrastructure woes stare IT sector IPO Scams FDI in retail sector Dynamic Tirupur Surging Sensex Gold scaling new highs
In Depth Gender Justice Simple Economics Tax Talk
Looking back Feb. 5-Feb. 11 Inter-tenor spreads fall as selling wave continues in bonds FDI in insurance may be hiked to 49 pc FBT hits insurance cos' group business LIC Housing loans to get costlier by 50 bps from Friday Renewal of contracts — Global reinsurers unlikely to hike rates for India `Get rated, access cheaper loans' |
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