Financial Daily from THE HINDU group of publications
Friday, September 06, 2002
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Asian Paints to buy 50.1 pc stake in Berger International
ASIAN Paints India Ltd today announced its decision to acquire 50.1 per cent controlling stake in the Singapore-based Berger International Ltd for a consideration of Rs 57.6 crore. Berger International Ltd (BIL) has no operations in India and ... More

VSNL wants patch-up with MTNL: Tata
THE Chairman of Tata Group, Mr Ratan Tata, today reiterated his commitment to resolving the current stand-off between Videsh Sanchar Nigam Ltd (VSNL) and Mahanagar Telephone Nigam Ltd (MTNL) on the issue of revenue-sharing. Of late, VSNL, which ... More

Make-or-break meet on reform process: Shourie
THE September 7 meeting of the Cabinet Committee on Disinvestment (CCD) would be crucial in determining the future course of the privatisation process, according to the Union Disinvestment Minister, Mr Arun Shourie. "The CCD meeting would be a ... More

No deduction of tax on US-64 dividend
UTI-I will not deduct tax at source (TDS) on dividends passed on to unit-holders of US-64. The dividend income of these investors will be exempt from TDS, following the Finance Ministry's decision to allow UTI-I to be a `pass through' for ... More

The language of business goes global
NOT long ago, it was technology with management studies that was the toast of the job markets. Now a French, Japanese or a German language tag is the next big thing that can land you MNC jobs that otherwise wouldn't be yours. Thanks to ... More


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