Financial Daily from THE HINDU group of publications
Wednesday, April 17, 2002
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Sinha all set to restore I-T rebate
UNDER pressure from within the Bharatiya Janata Party (BJP), the Finance Minister, Mr Yashwant Sinha, is understood to have given the go-ahead to roll-back the Budget proposal on pruning tax rebates on investments in designated savings ... More

Longer wait for insurance service tax review
NEW DELHI: LIFE insurance companies, which have sought a review of the Budget proposal to impose a five per cent service tax, will have to wait till June this year for a final verdict from the Finance Ministry. According to senior Revenue ... More

Strike brings cheque clearing to standstill
CHEQUE clearing operations came to a grinding halt today as the employees of public sector banks, financial institutions and the RBI joined the all-India strike called by various trade unions to protest against the "anti-labour" polices of the ... More

Takeover panel wants share acquisition norms tightened
THE Securities and Exchange Board of India's takeover panel has suggested further tightening of share acquisition norms. According to Mr Justice P.N. Bhagwati, who heads the SEBI's takeover panel, if the acquirer fails to make an open offer ... More

Euro Club to take up scotch-whisky case
THE India Working Group of the Euro Club has placed a new proposal before the Indian Government to break the impasse over bottle-in-origin (BIO) liquor imports. It has sought the removal of countervailing duties on BIOs priced above $25 per case, ... More

Astra, Tata Homefinance FDI proposals cleared
SWEDISH multinational Astra Pharmaceuticals' proposal to increase equity in its Indian subsidiary from the present 56.49 per cent to 100 per cent involving fresh foreign direct investment (FDI) worth Rs 82 crore and Tata Homefinance Ltd's ... More

Oil cos slash product prices
PUBLIC sector oil companies have slashed the prices of naphtha, furnace oil and low sulphur heavy stock (LSHS) in line with falling international prices. The new prices are effective from April 13, 2002. "Naphtha prices have fallen ... More

Debt and balanced schemes -- SEBI tells MFs to disclose performance of benchmarks
THE Securities and Exchange Board of India (SEBI) has directed all mutual funds to disclose the performance of the benchmarks of their debt-oriented and balanced fund schemes in their half-yearly results. The disclosure of the performance of ... More


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Top Stories
Sinha all set to restore I-T rebate


Cars give a lift to auto exports

Net no rookie in chess

Pepper prices move up on buying support

Strike brings cheque clearing to standstill

Oil cos slash product prices

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 7-Apr. 13
Close end redemptions may drain UTI coffers

WHO's new mantra: Put on your jogging shoes

TN to push for number one position in FDI flow

Manu Chhabria dead

MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m

Norms for dividends sans depreciation under study

Bharti makes an international call

Govt set to distance itself from UTI, give up powers -- Act amendment on the cards

Direct tax mop-up falls short of target

Rajasthan tax plays havoc with Gujarat gold trade -- Business drops 50 pc to Rs 6,000 cr

IT is still highway as far as jobs go

SEBI to decide on UTI schemes shortfall issue

Infosys posts 37 pc growth in revenue -- Net up 28.5 pc; to pay Rs 20 total

Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised

FII investment in telecom to be outside FDI cap

I-T rules on perks to be eased further

UTI team to examine audit reports of 9 cos

It's a different `dot' game

Ranbaxy UK arm a problem child?

MRPL may go into Reliance fold -- Birlas, HPCL in talks to shed part of stake

3 key Budget proposals being reviewed by Govt

EPF trustees stick to 9.5 pc


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