The Hindu Business Line : Sunday, March 09, 2003

Forex reserves fall $2.4 b on pre-payment of loans
PRE-PAYMENT of ADB and the World Bank loans by the Government has resulted in a $ 2.477 billion drop in the country's forex reserves as on the week ended February 28, 2003, over the previous week. According to the Reserve Bank of India, the ... More

Fresh row in MTNL over Media Lab funding
A FRESH controversy has broken out in Mahanagar Telephone Nigam Ltd (MTNL) regarding its sponsorship for funding of R&D telecom projects undertaken by Media Lab Asia. According to official sources, the Department of Telecommunications (DoT) ... More

Soaps trip, cookies tango with ad spend
THEY are colourful, creative and they are all over the place. Yet, ads for consumer goods have not quite translated into more sales, according to a report by TAM Media Research. Based on data from AC Nielsen Retail Audit, the numbers indicate ... More

Airlines charge `express' cargo rates to US
CASHING in on the surge in garment exports, some of the airlines have started charging `express' rates which is around 30 per cent more than the usual rates for cargo to especially to the US. The past two months has witnessed a boom in air ... More

No fuel, no bother... BPCL is on the way
A FARMER is stranded in a remote farm in Punjab with a tractor. The engine has sputtered to a stubborn silence, the vehicle having run out of fuel. Will Superman come to the rescue? No, but there will soon be few reasons for despair: chances ... More