Financial Daily from THE HINDU group of publications
Thursday, May 02, 2002
Financial Daily from THE HINDU group of publications Thursday, May 02, 2002 |
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MONEY & BANKING FINANCIAL SERVICES ITDC duty-free shops to have variable pricing THE India Tourism Development Corporation (ITDC), which is introducing variable pricing at its duty-free outlets at the international airports in the four metros, is to open its first international money change counter in the Capital by the ... More COURTS/LEGAL ISSUES HC to the rescue of MCC Fin depositors -- API told to hand over Bhandup land for sale THE Madras High Court has directed the Mumbai-based Automobile Products of India Ltd (of the M.A. Chidambaram group) and the directors of API to hand over the land measuring 31.5 acres in Bhandup in Mumbai to the company court for sale through ... More NBFCS Kotak Mahindra Q4 net up 55 per cent NON-banking finance company, Kotak Mahindra Finance Ltd (KMFL), has ended the last quarter of fiscal year 2001-02 with a 55 per cent rise in net profit at Rs 19.96 crore. KMFL had made a net profit of Rs 12.86 crore in the last quarter of the ... More
APSFC back at the top; eyes new pastures LIFE INSURANCE Tata AIG extends rural programme TATA AIG Life Insurance Company Ltd's rural programme has accounted for around 11 per cent of all life policies sold by the company in March 2002, as against the stipulated minimum of five per cent. The company has undertaken a pilot programme ... More RBI & OTHER CENTRAL BANKS Mob ransacks ADB consultancy office A GROUP of self-styled opponents of globalisation on Tuesday afternoon ransacked the Thiruvananthapuram office of an Asian Development Bank (ADB) consultancy busy crafting the finer aspects of a massive bail-out loan programme for the ... More PRIVATE BANKS ICICI Bank to focus on retail, agri sectors THE biggest post-merger challenge for the ICICI Bank would be to keep the momentum going, Mr K.V. Kamath, Managing Director, ICICI Bank, said at a press conference here on Tuesday. In order to keep the momentum up, the bank would focus this ... More PUBLIC SECTOR BANKS Canara Bank starts direct retailing of Govt securities Sales of Government securities would also allow the bank to cut its short-term liabilities. Besides this move would help reduce its weighted average cost of working funds, sources said. More FOREIGN BANKS StanChart moots new bond fund product DEBT is still king for the mutual fund business managed by Standard Chartered Grindlays Bank. After coming up with a number of debt-based products, the MF has mooted an income scheme that will try to maximise returns over the short term. The ... More CO-OPERATIVES Mahesh Bank net profit up 54 pc THE Andhra Pradesh Mahesh Co-Operative Urban Bank Ltd, the Hyderabad-based multi-State scheduled bank, has achieved a growth of 54.45 per cent in net profit for the year ended March 31. According to the unaudited financial results, the bank ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 21-Apr. 27 Bank on security rules to tackle armed attack Investment cap on relief bonds for retirees goes Oriental Insurance set to restructure workforce Bank of Baroda extends Rs 100-cr credit to IFCI New motor insurance tariffs by mid-May HDFC Standard does Rs 1,266-cr business |
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