Financial Daily from THE HINDU group of publications
Thursday, April 04, 2002
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Maruti back in black, makes Rs 55-cr profit
MARUTI Udyog Ltd, the country's largest car maker, turned around in a sluggish market to make a net profit of Rs 55 crore in 2001-02, aided by strong cost-cutting measures and financial and labour restructuring. The equal joint venture between ... More

Rupee falls to new low, recovers
THE rupee on Wednesday fell to a new historic low of 48.96 to a dollar before recovering to close at 48.89/90, nine paise weaker compared to its previous close. The currency closed at its weakest level of 48.8150/8250 on April 2 while it last ... More

IPCL sell-off on course -- Row over gas pricing resolved
THE row over the pricing of gas supplied by GAIL and ethane and propane supplied by ONGC to IPCL's plants at Gandhar and Nagothane respectively was resolved at a high-level meeting here on Tuesday, putting the IPCL disinvestment process on course ... More

RIL not to be disqualified from IPCL bidding
RELIANCE Industries Ltd (RIL) will not be disqualified from bidding for IPCL or any other PSUs, the Union Minister for Disinvestment, Mr Arun Shourie, said here on Wednesday. Mr Shourie disclosed that the CBI charge-sheet against Reliance under ... More

Asian Paints eyes buys; `talking to Snowcem'
ASIAN Paints Ltd is understood to be in advanced talks with Snowcem India Ltd for a possible takeover. Merchant banking sources said the deal appeared to be "as good as done". A top Asian Paints official on condition of anonymity confirmed ... More

ONGC profit may rise Rs 5,000 cr post-APM
AT the prevailing international crude price of around $25 per barrel, ONGC will earn a profit of around Rs 5,000 crore per annum over what it earned in the APM era on account of sale of crude. During fiscal 2001-02, the company earned a profit ... More

Of elephants, rabbits and GIC Fortune
WONDER what rabbits, elephants and other animals have got to do with GIC's Fortune '94 schemes? They figure on the scheme's list of discounts for unit holders on premia for general insurance The MF, whose registrar — Karvy Consultants -- ... More

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BHEL may keep PSU status after 16 pc stake sale

Maruti back in black, makes Rs 55-cr profit
Asian Paints eyes buys; `talking to Snowcem'
FI-promoted banks may get to do Govt business
Rupee falls to new low, recovers
Of elephants, rabbits and GIC Fortune
GTB may resume search for strategic partner -- Retail deposits soar by Rs 1,000 cr
In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Mar. 24-Mar. 30
MTNL wants to take cell to more circles
Forex reserves rise nearly $10 b this fiscal
Service tax exemption likely for special economic zones
One-time settlement of SEB dues approved
HLL open to buyback; but not now: Banga
Rating may be mandatory for private placement
IRDA caps agency commission at 15 pc
IOC to get Haldia Petro reins with 26 pc stake
Importers can rebook cancelled forward deals
Panel green signal for Bt cotton
DoT issues guidelines on universal service obligations
SBI cuts PLR 50 basis points -- Deposit rates reduced by 25 points
IA to buy 43 Airbus aircraft
Sony bags TV rights for cricket World Cup
Annuities market thrown open to private insurers -- LIC loses exclusive preserve
FDI approvals hit a nadir since 1995

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