The Hindu Business Line : Sunday, June 16, 2002

Cyclical cos: More capital, less profit
THE contribution of the information technology, telecom (mainly VSNL and MTNL) and media sectors - despite a downturn in their business prospects in 2001-02 - to the profits of India Inc is much more than their share in revenues. In sharp ... More

Petrol, diesel prices to go up
RETAIL prices of petrol and diesel are to be raised by around 25 paise per litre. This additional burden on the consumer is being effected following the `informal' approval given to the public sector oil marketing companies by the Petroleum ... More

Confidence yet to take stock
THE forecast of another good monsoon (perhaps the most important economic fundamental for the country) and a palpable easing of border tensions have revived hope - but not confidence - of a sustained economic recovery. While stockbrokers ... More

Bill to help banks recover dues
THE Government is planning to introduce in the monsoon session a Banking Reforms Bill aimed at granting more powers to banks to recover their dues from defaulters. The Finance Minister, Mr Yashwant Sinha, said here on Saturday that the ... More

Bharti Mobitel has few Spice top brass left
ALMOST the entire top management of cellular service provider Bharti Mobitel Ltd has quit the organisation since its erstwhile avatar Spice Telecom Ltd was taken over by the Bharti group last year from the ModiCorp-Distacom combine for a ... More

Reinsurers say no to terrorist risk cover for projects, aviation
GLOBAL reinsurers have declined to provide terrorist risk cover for projects and the aviation industry in the country. Sources said here that wherever domestic insurers have sought such cover, reinsurers have sought extraordinarily high ... More

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