Financial Daily from THE HINDU group of publications
Thursday, August 01, 2002
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Common man can smile again — Tax sops for more money in pocket
THE Finance Minister, Mr Jaswant Singh, today kept his promise made shortly after taking charge this month of providing more money in the pocket of citizens by announcing more tax sops. He has also addressed the issues in the financial sector ... More

Reliance Q1 net up 16.5%
RELIANCE Industries Ltd has reported a 16.5 per cent jump in net profits to Rs 720 crore for the first quarter ended June 30, 2002. For the corresponding period of the previous year, it had made a net profit of Rs 618 crore. Total sales, ... More

Mukesh at the helm — To use father's yardstick
"A NEW dawn is ahead of us. The onus is on each one of us to herald this dawn with passion and commitment. Our future generation will then radiate in its sunshine. This is our dream." - Mr Mukesh D. Ambani, delivering the keynote address at ... More

UTI Bank board clean chit to Nayak
THE board of directors of UTI Bank today gave a clean chit to Dr P.J. Nayak, Chairman and Managing Director, and asked him to resume charge immediately. Dr Nayak had proceeded on leave from July 22 following the JPC draft report casting ... More

Tata Chem net up 158 pc in Q1
HIGHER revenues and operational efficiencies helped Tata Chemicals Ltd drive its net profit up by 158 per cent to Rs 34.01 crore for the first quarter ended June 30, 2002 compared to Rs 13.19 crore during the corresponding quarter in the year-ago ... More

`PwC-IBM deal to include India operations too'
MORE than 1,000 professionals under the consulting practices of PricewaterhouseCoopers Ltd in India are likely to come under the fold of IBM if the latter's global acquisition of PwC Consulting gets concluded, according to Mr Amal Ganguli, ... More


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