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Monday, January 20, 2003

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Nedungadi merger: PNB to let depositors draw in full
In one stroke, the New Delhi-headquartered Punjab National Bank will also be able to substantially increase its presence in the South where it has a negligible presence. More

Gilts yet to lure retail investors
ON the second day of trading on Friday, volume in government securities on stock exchanges plummeted by 91 per cent as compared to that of the first day. It may be too early to look for the trend, yet a section of the market participants feels ... More

MTNL calls right for cards but bids ring wrong
MAHANAGAR Telephone Nigam Ltd's (MTNL) attempts at being aggressive in the market while also having to stick to its slow-moving PSU procedures have put the corporate in a strange position where it is not able to keep pace with the success of its ... More

Steel cos set to increase prices further
DOMESTIC steel producers are planning to effect another round of increase in steel prices within the next three to four weeks, according to highly-placed industry sources. Already, market leader Steel Authority of India Ltd (SAIL) has effected ... More

Uri generating power... with guns around
POWER flows through the barrel of the gun here. Not the political power that Mao Zedong meant, but electric power. At this scenic locale near Uri town in Jammu & Kashmir, surrounded by the mountains of the Pir Panjal Range, the National ... More


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