Financial Daily from THE HINDU group of publications
Wednesday, March 13, 2002
Markets (March 12)
BL 2501115.31 (-15.69)
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Dollar (Buy/Sell)48.68/48.81

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Govt rethink on powers to hike excise rates
"The decision to promulgate an Ordinance was undertaken for a specific purpose of raising duties on petrol and diesel. It was never our intention, even then, to tinker with duty rates on any other commodity." More

Search & seizure by SEBI may be tied to court approval
THE Government's proposal to grant search and seizure powers to the Securities and Exchange Board of India (SEBI) will hinge on the capital market regulator obtaining approval of the designated court each time for such an exercise, according to ... More

Cap on investment arms of corporates under study
THE Government is considering a proposal to limit the number of investment firms that can be floated by a company or a corporate group. The Department of Company Affairs (DCA) has already set up a five-member committee to examine the prospects ... More

Zee acquires 64 pc stake in Padmalaya
ZEE Telefilms Ltd (ZTL) announced on Tuesday that it is acquiring a strategic stake in Padmalaya Telefilms Ltd (PTL) through the acquisition of 64.3 per cent stake in PTL's holding company, Padmalaya Enterprises Pvt Ltd (PEPL). The ... More

Tulip pays up for Juhu Centaur -- Management control later
HONOURING the deadline set by the Union Government, Tulip Hospitality Services, promoted by Mr Ajit Kerkar, paid the bid price of Rs 153 crore into an escrow account for acquiring the Juhu Centaur property of Hotel Corporation of India ... More

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Top Stories
`Basic telephony operators see creeping growth rate'

House panel slams Govt on petrol cess redirection

Rice exports up despite fall in global demand

MTNL may take stake in Sri Lanka Telecom

Govt rethink on powers to hike excise rates

Oil refineries face hike in insurance premiums

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Mar. 3-Mar. 9
A case of consumer subsidising Govt? -- `Effective' petro subsidy to be Rs 1,400 cr

Bleeding Gujarat losing Rs 500-cr business daily

Reliance Ind, Petro boards fix merger swap at 1:11

RBI cuts repo rate to 6 per cent

Violation of SCRA -- Interim dividend rush kicks up row

Significant rise in credit offtake

Auto policy may set norms for fresh investments

SEBI told to ensure cos' compliance on interim

US steel tariffs worry Indian majors

SEBI tells SEs to act tough on dividends

100 pc FDI in auto sector under automatic route -- No minimum investment norms

After dividend rush come cancellations

SBI kisan card turns FMCG golden goose

Rs 2,000-cr investment norm set -- Petro marketing thrown open to private sector

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