![]() Financial Daily from THE HINDU group of publications Sunday, July 03, 2005 |
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MONEY & BANKING FOREX Forex reserves fall $676 m THE country's foreign exchange reserves fell $676 million to touch $138.890 billion, for the week ended June 24, according to the Reserve Bank of India's Weekly Statistical Supplement. In the previous week, forex reserves had risen by over $1 ... More STOCKS Shriram Transport and Shriram Investments: Buy AN investment in the stocks of Shriram Investments and Shriram Transport can be considered. Both these stocks are attractively valued considering their earnings growth record and growth potential. These stocks offer a dividend yield of 4 per ... More FINANCIAL PERFORMANCE TCIL net up at Rs 10.55 cr TRANSPORT Corporation of India Ltd (TCIL) has registered a profit after tax of Rs 10.55 crore for the 2004-05 fiscal, compared to Rs 7.53 crore in the previous fiscal, according to a company release. The net sales during 2004-2005 were Rs ... More LIFE INSURANCE Superannuation: Insurers seek changes in FBT THE insurance industry will not let go of the much-debated issue of fringe benefit tax (FBT) without a fight. Spearheaded by the Life Insurance Council and the Life Insurance Corporation of India (LIC), the movement to have FBT on group ... More
An Young Star plan PRIVATE BANKS KVB to focus on retail financing KARUR Vysya Bank, which has automated its banking by adopting core banking solution and has expanded its ATM network, hopes to increase its deposit base to Rs 8,000 crore during the current fiscal from the previous year's Rs 6,600 crore. The ... More CREDIT MARKET Banks asked to adopt policy for risk exposure to real estate sector In order to sensitise banks about the risks arising out of exposure to the real estate sector, the Reserve Bank of India has asked banks to put in place a risk management system for managing their real estate portfolios. In a press release, RBI ... More SHORT TERM INSTRUMENTS RBI to raise Rs 2,500 cr under T-Bill auction THE RBI proposes to raise Rs 2,500 crore under the market stabilisation scheme (MSS) auction and Rs 1,500 crore through the regular auction. The central bank will auction 91-day and 364 Government of India Treasury bills for a notified amount ... More IPOS IL&FS Investsmart: Invest at Rs 125 Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
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Looking back Jun. 26-Jul. 2 NCR to run cheque truncation pilot project Plan to hike two-wheeler third party insurance premiums shelved Bank of Punjab, Centurion merger ratio fixed at 4:9 New entity to be called Centurion Bank of Punjab Current account surplus in Q4 Trade deficit for the year at record $38 b Govt working on special credit plan for SMEs |
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