Financial Daily from THE HINDU group of publications
Saturday, July 06, 2002
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Jet Airways says `everyone can fly'
IN an effort to make travel by air more affordable for the common man, Jet Airways today announced a new promotion `Everyone can fly' which offers a major reduction in economy class air fares on select routes across the country. In almost all ... More

BNP Paribas to wield axe
THE French Bank, BNP Paribas will retrench the remaining 60 employees in its Indian retail business by year-end. The bank had retrenched 80 in February following the decision to wind up its retail business. "We are slowly phasing out the ... More

Disinvestment panel clears sale of five ITDC hotels
THE Cabinet Committee on Disinvestment (CCD) on Friday cleared the sale of five ITDC properties and approved the transaction documents for the privatisation of NEPA Ltd while deferring a proposal to privatise Manganese Ore India Ltd (MOIL) in the ... More

SBI cuts housing loan rates
HOUSING loans have just got a little cheaper. State Bank of India has cut its rates by around 50 basis points to 10 per cent on its floating rate loans. This cut by SBI comes after recent rate cuts by HDFC and LIC Housing Finance ... More

Cruising high seas with tinsel stars
BOLLYWOOD'S date with `picture perfect' locales makes a great sales-pitch for countries such as Switzerland and Britain, who in turn are wooing tinsel town's directors to shoot on their shores. But now it is the high seas that beckon, with Star ... More

New Bill to be tougher on dishonour of cheques
SOON, a dishonoured cheque could land the issuer of the instrument in prison for a period of two years. And the processes of law would move overtime to ensure that the guilty is placed behind bars at the earliest. Taking fresh steps to curb the ... More

Govt rejects Coke plea again but grants it a month's grace
COCA-COLA India's application seeking a waiver of the mandatory disinvestment of up to 49 per cent in its Indian operations to domestic public shareholders has been rejected again, and instead a one-month extension has been offered to the ... More


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