Financial Daily from THE HINDU group of publications
Friday, May 10, 2002
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For making good shortfall in assured schemes -- Development fund is guarantor, UTI told
THE Securities and Exchange Board of India has told the Unit Trust of India that the guarantor for the mutual fund's assured return schemes is the trust's own Development Reserve Fund (DRF). This implies that the onus for meeting any likely ... More

More sponsors for revamped UTI?
NEW DELHI: THE Government has decided to initiate talks with a few state-owned insurance companies and banks to rope them in as sponsors for the proposed sponsor company for the troubled mutual fund, Unit Trust of India (UTI). Having taken an ... More

Urban co-op banks plan primary dealer for gilts
SMARTING under the impact of the recent Home Trade scam involving fraudulent dealing in gilts through brokers, a few major urban co-operative banks (UCBs) are planning to join hands for establishing a primary dealer (PD) to exclusively trade in ... More

Pending insider trading charges -- Silverline move to hike promoter stake stalled
THE Foreign Investment Promotion Board (FIPB) has put on hold Silverline Technologies Ltd's application seeking permission to increase promoters' stake in the company through the preferential allotment route because of the insider trading charges ... More

Climbing the learning curve to quality
INDUSTRY leaders articulating what had worked in their own organisations to help them become institutes of quality marked the one-year celebration of CII's Institute of Quality here on Thursday. In his keynote address, Mr N.R. Narayana Murthy, ... More

Patents Bill passed
THE Rajya Sabha on Thursday passed the Patents Bill which will enable India to fall in line with the World Trade Organisation-administered Trade Related Intellectual Property Rights Regime. The legislation was passed without the Upper House ... More

Cellular subscriber base crosses 6.7 m -- Bharti accounts for 14 lakh
THE cellular subscriber base in the country has reached 6.7 million, having added over 2.8 lakh additional customers in the month of April 2002. As per the latest estimates of the Cellular Operators Association of India (COAI), the total number ... More

Debtor days: A few cos have a grip
IF new business is hard to come by, one way to sustain yourself is to ensure that existing business pays you enough and quickly. Companies that have turned in impressive growth in the software sector seem to have done just that. A look at ... More


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Debtor days: A few cos have a grip


First year after sell-off to Sterlite -- Strike, power shave Balco profit

For making good shortfall in assured schemes -- Development fund is guarantor, UTI told

Cellular subscriber base crosses 6.7 m -- Bharti accounts for 14 lakh

`Banking industry in peril, wages can wait'

Karnataka, AP spat over paring tobacco output -- Centre sends emissary to probe board affairs

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 28-May. 4
India Inc shows its compassionate face

OECD optimistic of growth prospects

Forex reserves cross $55 b

Vajpayee takes `political wind' out of Sonia's sails

Cotton bed linen exports -- India asks WTO to set up settlement panel on EU move

DoT, FIs may oppose Batata-BPL merger

Cut in savings bank rates expected

CRR cut to 5 pc; Bank Rate unchanged in Credit Policy -- Jalan takes no risks

Paswan quits ahead of crucial Gujarat vote

IOC, Reliance, Nirma bid for IPCL stake

Oil cos may go in for staggered price hike

UTI redeems MIP '97 at Rs 10 per unit -- Shortfall made good from Reserve Fund

You bet, forex is the bigger asset!

Govt wins vote but key allies mount pressure

Safeguards likely in SEBI's search & seizure powers

Colour dot labels for cosmetics in, drugs out

Ad guys home in on unpaid dues

`Software, services exports up 29 pc'

Tax receipts in positive phase

Fresh norms for nidhis on deposits timeframe

M.S. Oberoi dies at 103

Land bridge to Lanka to cost $500 million

Andersen partners join Ernst & Young -- Business consulting kept out


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