The Hindu Business Line : Monday, October 28, 2002

Kelkar panel plumps for multiple excise rates — Proposes kid-glove for defaulters
CORPORATES have reasons to cheer. An `industry-friendly' indirect tax reforms package encompassing softer penalties for excise defaulters, curtailing the excise Raj and halving the excise exemption limit on products manufactured by competing ... More

Most PSBs buck market trend; investors gain — Annualised return at 17.75 pc
STATE-OWNED oil companies might have done the star-turn in the market in recent times. But public sector banks haven't done badly either. Between April 2001 and now, they have generated close to 28 per cent return to their investors. That ... More

DoT may slash licence fees of operators
IN what could be a bonanza to cellular operators, basic service providers and subscribers, the Department of Telecommunications (DoT) is evaluating a proposal to slash the licence fees to seven per cent of their annual gross revenues (AGR). The ... More

Centurion Bank does cleaning-up, trims net loss
FOLLOWING a clean-up of its balance sheet, Centurion Bank Ltd has reported a lower net loss of Rs 13.40 crore for the quarter ended September 30, 2002, as compared to a net loss of Rs 31.24 crore in the corresponding period in the previous ... More

`Reel'ing under a real backlash
LIKE many of the Bollywood blockbusters, it started off on a happy note. Corporatisation, multiple revenue streams, institutional finance became the new jargon. With this, filmmakers claimed to have de-risked the movie business. Alas! good ... More

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