Financial Daily from THE HINDU group of publications
Thursday, June 13, 2002
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`Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float
THE Ministry of Disinvestment has opposed the Petroleum Ministry's proposal to permit Bharat Petroleum Corporation Ltd (BPCL) to launch an initial public offering of 50 crore shares aggregating around Rs 1,000 crore. According to MoD ... More

ECB violations: FERA cases to be dropped
THE Reserve Bank of India and the Government have decided not to proceed under the erstwhile Foreign Exchange Regulation Act (FERA) against top corporates, who had been served notices earlier for violating the guidelines on external commercial ... More

UTI Bank scouting for strategic partner
The bank plans to enhance its Tier-I capital from the current level of Rs 191.88 crore during the second half of the current fiscal and options such as preferential offer and rights issue are being considered. More

Changes soon in IDBI Act to enable merger with any bank
THE Government is expected to incorporate an enabling provision in the IDBI corporatisation law to merge the financial institution with a bank. According to highly-placed IDBI officials, the legislation will bring the institution under the ... More

Sinha says surge in tax mop-up signals revival
THE Government has held out hopes of a turnaround in the economy on the back of a surge in revenue collection, especially indirect tax. The Finance Minister, Mr Yashwant Sinha, said here on Wednesday that he had reasons to believe that there ... More

White paper may set off MSEB unbundling
A WHITE paper on power sector reforms, to be presented in the State Assembly by June-end, could be the beginning of unbundling and eventual privatisation of the Maharashtra State Electricity Board, State Government officials said. A general ... More

Fly Club Class, have life jacket
WHAT if your flight lands in water? If you are a Club Class passenger, a life jacket will keep you afloat. If you are an economy traveller..."hang on to that seat cushion," announced the airhostess cheerily. The safety instruction, on a ... More

Govt will help out UTI on repayments
THE Government will find a solution to the help the Unit Trust of India (UTI) meet its repayment obligations on two assured return schemes due for redemption on June 30. The Finance Minister, Mr Yashwant Sinha, told newspersons here on ... More

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Top Stories
`Privatisation process will be delayed' -- Divestment Ministry opposes BPCL float

SAIL raises Rs 500 cr for funding VRS

I-T: Of non-filers and under-reporters

LIC set to venture into Sri Lanka

Industrial growth in April rises marginally to 2.9 pc

Survey soon on corruption in five S. Asian countries

In Depth
Gender Justice
Simple Economics
Guide to derivatives

Looking back
Jun. 2-Jun. 8
Exports recover, up 18% in April

Petrol price hike likely on Monday

Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure

Rs 9,063-cr shortfall in tax revenue -- Fiscal deficit overshoots target by Rs 4,490 crore

Govt hikes petrol, diesel prices; cuts excise duty

War fears delay Bharti, Data Access ILD plans

Visa troubles cause worry in travel, tourism industry

ORG pegs BPL on top; LG differs

`Dramatic turnaround' for Tata Engg in Q4

Uncle Sam to look over students' shoulders

Projects facing time overruns must be treated as NPAs: RBI

West coast ports are `unsafe destinations' -- Insurers impose war-risk premium on foreign ships

Indian promoters of pvt banks can hold 49 pc

BoI to cut 5,000 more jobs -- Second VRS in another 3 months

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