Financial Daily from THE HINDU group of publications
Saturday, July 30, 2005
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Financial Daily from THE HINDU group of publications Saturday, July 30, 2005 |
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MONEY & BANKING INSIGHT Making the most of yuan revaluation The combined effect of the lower-than-expected yuan revaluation and the US' suspicion over China's interest in the US energy sector, should give India the leverage to woo American investors. Also, the highly educated workforce, management talent, reg ulatory measures, cultural affinity and a vast English-speaking workforce are the pluses in India's favour, says S. Majumder. More FOREX Rupee steady MUMBAI: The rupee was steady against the dollar with supply matching demand, said dealers. There was month-end demand from oil companies and from nationalised banks. The rupee opened at 43.45/47, touched a low of 43.52/53 and ended at ... More INFORMATION TECHNOLOGY Postal Dept preparing blueprint to set up ATMs If the proposal comes through, the DoP will have one of the biggest ATM networks in the country. More FINANCIAL PERFORMANCE 
Depreciation in G-Secs value — IOB posts 5 pc growth in Q1 profit at Rs 183 croreINDIAN Overseas Bank posted a 5 per cent growth in net profit at Rs 183 crore on a total income of Rs 1,207 crore for the first quarter ended June 30, 2005. Elaborating on the reasons for the modest growth in profits, Mr T.S. Narayanasami, ... More
BoB first-quarter net drops 46 pc
Federal Bank net rises to Rs 49 cr
NBFCS Returns filed by nidhis to come in for closer scrutiny DEFAULTING nidhi companies may find the going tough, with the Ministry of Company Affairs considering closer monitoring of such entities. Taking its initiatives of protecting small investors interest a step further, the Ministry has decided to ... More CONSUMER FINANCE Bank of India loan scheme for LG products BANK of India (BOI) and LG Electronics India have signed a memorandum of understanding to finance consumer durables manufactured or marketed by LG, under the formers Star Personal Loan Scheme. A press release from the bank said, BOI will ... More LIFE INSURANCE Reliance Cap in talks to buy AMP Sanmar RELIANCE Capital has said that it is in talks with AMP Sanmar Life Insurance Company's promoters to acquire 100 per cent shareholding in the company. Confirming news reports on the subject, Reliance Capital has said that it is "in active ... More
GENERAL INSURANCE SMS to renew Tata AIG policies TATA AIG General Insurance Company Ltd has launched SMS-based initiatives to provide customers with another avenue to register claims and renew their policies. On `SMS'ing CLAIM or RENEW to 8888, Tata AIG's call centre will contact the customer ... More RBI & OTHER CENTRAL BANKS RBI directs banks to provide assistance to rain-hit units THE Reserve Bank of India on Friday said it has advised banks to provide special package of financial assistance to units affected by the recent rain and floods in Maharashtra. In a release issued today, the RBI said bank branches have been ... More PUBLIC SECTOR BANKS Punjab & Sind Bank to vend UTI MF products UTI Mutual Fund has entered into a tie-up with Punjab and Sind Bank for the distribution of its mutual fund products. Under the agreement, the bank will offer the entire bouquet of UTI MF's 52 domestic schemes through its 890 ... More CREDIT CARDS & DEBIT CARDS Credit card clichés Is there a difference in the way men and women use credit cards? More TRENDS Banking operations limping back to normalcy BANKING operations are back on course following the two-day disruption due to the heavy downpour in Mumbai and the neighbouring districts. A few operations (ATM transactions, settlement and clearing) did suffer some minor hurdles in the last ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment The Yuan Revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jul. 17-Jul. 23 Unravelling the outsourcing puzzle CDs popular with pvt banks 12.7 pc priority sector loans are NPAs: Economic Survey Yuan revaluation: IT companies see no major impact Yuan effect: Rupee may strengthen Financial sector reforms no help to real economy Sugar mills get Nabard package on debt Metal sector may benefit from yuan revaluation Insurers free to load motor premiums — Truck owners to contest IRDA stand Yuan change: No major benefit seen for textile exporters India largest recipient of World Bank aid Individual, unit-linked policies steal show — Pvt life insurers' new biz up 129 pc Forex reserves fall $544 m |
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