Financial Daily from THE HINDU group of publications
Thursday, January 30, 2003
Markets (Jan. 29)
BL 2501094.82 (-2.54)
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Dollar (Buy/Sell)47.77/47.90
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Shourie, Jaitley get major jobs in shuffle
IN a significant move signalling assertion of his authority, the Prime Minister, Mr Atal Bihari Vajpayee, today carried out a major expansion-cum-reshuffle of his Ministry under which the Disinvestment Minister, Mr Arun Shourie, has been given ... More

Mahajan shunted out for telecom rows?
WHILE the decision to remove Mr Pramod Mahajan from the Government and "draft" him for party work may not be a reflection on his performance as Communications Minister over the past one and a half years, there is little doubt that his tenure has ... More

Cost cuts push HLL net up 6.96%
SECTORAL concerns remained even as FMCG major Hindustan Lever Ltd (HLL) reported a characteristic rise in net profit by 6.96 per cent to Rs 1,755.68 crore for the financial year 2002 (Rs 1,641.31 crore) amid a 6.68 per cent decline in net sales ... More

Retail business drives SBI profits
HIGHER income from sale of securities and investments has boosted State Bank of India's net profit to Rs 787.05 crore for the third quarter ended December 31, 2002, a 28.20 per cent jump from Rs 613.89 crore in the corresponding period in the ... More

To deny voting rights to Indian shareholders — Coke knocks at FIPB doors
COCA-Cola has approached the Foreign Investment Promotion Board (FIPB) seeking permission to deny voting rights to the company's resident Indian equity holders. Hindustan Coca-Cola Holdings Private Ltd (HCCHPL), in a letter to the FIPB dated ... More


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