Financial Daily from THE HINDU group of publications
Tuesday, March 23, 2004

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Good demand for real estate — HDFC mulls entity to buy, lease properties
HOUSING Development Finance Corporation (HDFC) is considering a proposal to set up a separate entity to acquire properties and lease them to large Indian corporates and multinational companies. According to Mr Deepak Parekh, HDFC Chairman, ... More

FIIs silent on L&T cement demerger amendments
FOREIGN institutional investors can sometimes think and operate quite differently from their Indian counterparts. The shareholder poll on the amendments moved by minority shareholders to the main resolutions at the court-convened meeting of ... More

LAB market may see price slump on excess capacity
CLOSE on the heels of the price war that was recently unleashed in the detergents segment, it may now be time for a similar slugfest somewhat lower down the value chain. This time round, the price war is brewing in the domestic market for ... More

Cos rush to comply with uplink norms
WITH just a few days left for television news companies to comply with the uplinking guidelines, the Information and Broadcasting (I&B) Ministry has received over a dozen applications from various news channels available in India. And among ... More

Sugar syrup to attract 16 pc excise duty
CONSUMERS may have to shell out more for the mithais (sweetmeats) they purchase from branded players like Bikanerwala and Haldiram. The sugar syrup used as an intermediate product in the manufacture of mithais, soft drinks, ... More

Market offering route a better bet: LSE Director
IF the Disinvestment Ministry was looking for advice on how to take the privatisation process forward, it could ask the London School of Economics Director, Mr Howard Davies, who believes that the public offering route is the way to go. "We ... More

Weak heavyweights drag down indices
THE market recovery on Friday turned out to be short-lived with benchmark indices recording a sharp fall on Monday. Led by Reliance Industries and Infosys Technologies, a host of index heavyweights ruled weak on Monday. This resulted in a ... More

Rising steel prices: Construction industry set to re-work contract formula
THE project construction industry is all set to re-work the formula adopted while submitting bids for tenders to better reflect the prices of various items such as steel and cement. This move comes in the wake of the continuing increase in ... More

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