Financial Daily from THE HINDU group of publications
Monday, September 02, 2002

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Offloading through bulk deals — UTI-I talks soon with insurance cos, banks
Investments made by insurance companies would, however, be within the investment regulations and the equity exposure caps laid down by IRDA. More

Exports up 17.7 pc in July
THE country's exports during July have gone up by 17.74 per cent. Exports in the period are valued at $4,041.43 million against $3,432.64 million during July 2001. In rupee terms, exports were worth Rs 19,707.41 crore, which is 21.79 per cent ... More

Cell tariffs set to go down further — DoT open to licence fee/spectrum charges cut
CELLULAR tariffs which have plummeted by over 75 per cent in the past three years are slated to go down further, with the Department of Telecommunications (DoT) open to the idea of reducing the revenue share licence fee and spectrum charges in ... More

Media cos go slow in spending IPO funds
EXPECTING the party to last, a barrage of media companies had hit Dalal Street last year. But the sluggishness in the sector seems to have forced these companies to go slow on utilising these funds. Companies such as Mukta Arts which raised Rs ... More

AirTel gets a whiff of Net terrorism
AFTER stamping its name in the record books as the largest cellular operator in the country, AirTel, the mobile services brand of the Bharti group, has another first to its credit. It is the first telecom casualty of militancy in ... More

IA may pay 17 pc more for insurance renewal
INDIAN Airlines is to pay close to $31 million to renew the insurance cover for its fleet of more than 50 aircraft. Sources told Business Line that though the airline had seen a "16-17 per cent" increase in its insurance renewal payout ... More

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