The Hindu Business Line : Wednesday, May 08, 2002

India Inc views long term with greater optimism
INDIAN businesses may find the `near term' rather daunting, what with the heightened competition and a squeeze on profit margins. But they well might be viewing the `long term' with greater optimism. Or so it would seem, if the fact of their ... More

RBI scrap order for another co-op bank board
THE Reserve Bank of India on Tuesday asked the Registrar of Co-operatives of Maharashtra to supersede the board of the Pune-based Sadguru Junglee Maharaj Co-operative Bank. This is the fourth co-operative bank after Nagpur District Central ... More

MTNL blames ITI for Dolphin woes
The company has told DoT that it may be reviewing its contract with ITI, in view of its detrimental impact on its cellular operations. More

Another innings for Damodaran?
THE Government is set to extend the tenure of the present Chairman of the Unit Trust of India (UTI), Mr M. Damodaran, notwithstanding its plans to usher in structural changes in the Trust through legislative measures. The Finance Ministry is in ... More

Cabinet panel clears posting of Vasudev
THE Appointments Committee of Cabinet (ACC) has approved the nomination of Mr C.M. Vasudev, currently Secretary, Department of Economic Affairs, for the post of Executive Director of the World Bank and Dr V.Y. Reddy, currently Deputy Governor, ... More

SC ruling on WLL in July; no stay on rollout
THE Supreme Court has put off till July 19, its decision on a petition filed by the Cellular Operators Association of India (COAI) challenging the decision of the Telecom Dispute Settlement Appellate Tribunal (TDSAT), allowing fixed service ... More

Agri exports post 36.5% growth
DESPITE the overall negative export growth during the first 10 months of fiscal 2001-02, agriculture and allied products, chemical and related products, petroleum products, unclassified exports and electronic exports registered a modest to ... More

Budhiraja resigns from DPC board
THE troubled Dabhol Power Company (DPC) today lost the last member representing domestic interest on its board of directors with Mr Ravi Budhiraja, Principal Secretary (Energy and Environment), Maharashtra, resigning from the board. Six ... More

Saurav, Kapil in list of cricketers with I-T dues
INDIAN cricket team captain Saurav Ganguly and former captains Mohammed Azharuddin and Kapil Dev figure prominently in the list of 33 cricketers against whom the income-tax dues aggregate Rs 3.8 crore. Among the present and former cricketers ... More

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