The Hindu Business Line : Friday, October 11, 2002

Infosys Q2 sales surge 35.29 pc; net up 12% — Upbeat on third quarter
SENSEX bellwether Infosys Technologies Ltd sprung a surprise today beating street expectation of its September quarter sales by almost Rs 90 crore even as its bottomline was in line with its earlier guidance. The company reported a 12.01 per ... More

Out-of-court settlement fails — `Phaneesh suit will hit results'
INFOSYS Technologies today indicated that the option of out-of-court settlement in the sexual harassment and wrongful termination suit had fallen through and the lawsuit might go to trial. Any unfavourable resolution of this lawsuit could ... More

IDBI to be recast as stand-alone bank — Package awaits Jaswant's nod
THE Government is set to approve shortly a restructuring package for Industrial Development Bank of India (IDBI) featuring the conversion of the institution into a commercial bank on a stand-alone basis. The package is awaiting the approval of ... More

`Fudged accounts' surface to stump Shourie
PRIVATE strategic investors who have acquired control over non-listed, loss-making, fully-Government-owned PSUs have detected "accounting irregularities'' allegedly committed by the erstwhile managements, creating a big problem for the ... More

Top-level churning in mutual fund industry
While there have been no recent changes at the very top — no CEO has moved out, fund houses have seen a number of shifts at other senior levels. More

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Ministry proposes rivers interlink

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