The Hindu Business Line : Sunday, April 07, 2002

Close end redemptions may drain UTI coffers
UNIT Trust of India could face a substantial drain on its coffers and its asset base over the next two years, with a host of close end debt and equity schemes coming up for redemption, and the special liquidity package for the Unit Scheme 64 also ... More

Manu Chhabria dead
MR Manohar (Manu) Rajaram Chhabria, Chairman of liquor major Shaw Wallace, died in Mumbai on Saturday following a cardiac arrest. He was 56. According to company officials, Mr Chhabria was hospitalised for over three weeks and underwent a ... More

Entrepreneur with a `chest of steel'
Speaking to Business Line from London, Mr Vijay Mallya, UB Group Chairman, said he was shocked and saddened by Mr Chhabria's death. "I visited him a couple of days ago at the hospital in Mumbai," he said. Mr Mallya said the UB ... More

Succession dilemma looms
Mr Manohar Rajaram Chhabria, fondly known as Manu, never blinked an eye at anything that came his way. That placed him at the helm of an empire worth over $600 million in just under three decades. It is not easy to comprehend Jumbo group's ... More

Forex reserves up $837 m
THE country's forex reserves have risen by another $837 million touching $54.154 billion for the week ended March 29, 2002 as compared to $53.317 billion in the previous week, as per the latest figures provided by the RBI. Reserves have been ... More

WHO's new mantra: Put on your jogging shoes
With life-style diseases, particularly in the urban segment witnessing an upward trend, the WHO has chosen "physical activity" as its theme this year. More

TN to push for number one position in FDI flow
EXPORT-LED growth by reviving the flagging agricultural and industrial sectors of the economy, and fostering comprehensive rural and urban infrastructural development to increase the purchasing power of the people will be among the measures taken ... More