The Hindu Business Line : Sunday, March 16, 2003

Pension reforms: Timely answer
IT long last, the attention of the Government has turned towards pensions. Old age security is an age-old problem. Not much attention has been devoted to this issue. Now, with pension reforms, savers have a chance to take charge of their ... More

INVESTMENTS

IDBI and ICICI bonds: Rates marked down further
AS REGARDS the IDBI and ICICI bonds that are open for subscription, the coupon rates on the various options are lower than what was offered in February. This is in response to the 1 per cent cut in interest rates on small savings schemes ... More

Larson & Toubro: A good long-term option
THE fixed deposit programme of the diversified major Larsen & Toubro is a good investment option. The company's fundamentals are very strong and the company has good growth prospects. Investors, who are willing to lock-in their funds for a longer ... More

Max New York Life's Pension Plan
THE pension plans market has witnessed the entry of an additional player — Max New York Life (MNYL). Let us take a look at what the key features of MNYL's pension plan are: Plan details Participants can ... More

A show of Caliber
BAJAJ Auto is reiterating its change: From being a slow-to-react, monopolistic player in the two-wheeler industry in the 1990s, to a more proactive one, zooming on competing new models with fresh releases. More important is the dramatic ... More

For the risk-averse
WITH the financial year coming to a close, many individuals would need to make investments to avail themselves of the rebate under Section 88. The effective yield of an investment can be best measured only after considering the tax on return from ... More

LIC's policy for women

Tax-free bonds from Government

Bonds for US-64 units

Joint ownership and deductions

ICICI Bank bonds

Syndicate Bank's offer to women

ECONOMY

Jaswant pins hopes on `quick returns' sectors
THE Union Finance Minister, Mr Jaswant Singh, today re-emphasised that the focus of Budget 2003-04 was on infrastructure development and other sectors such as textiles, tourism and pharmaceuticals that would provide "quick returns" for a higher ... More

Bank credit moves up by Rs 9,570 cr

PETROLEUM

Petrol, diesel prices hiked
WITH the possibility of a war in the Gulf region looming large, the consequent northward movement in the global prices of crude is beginning to affect India. The public sector oil companies today announced a hike in the prices of both petrol and ... More

POWER

TN no longer to supply power free — Domestic, commercial consumers face highest tariff hike
About 15 lakh farmers and 14 lakh hut dwellers in the State were enjoying free power supply till now. Besides this significant ruling, the Tamil Nadu Electricity Regulatory Commission, which passed its first order today on a tariff revision ... More

RADIO/TV

Licence fees queer pitch for FM
THE emerging scenario in the country's private FM is that of gloom. This, in a nutshell, summed up the session on radio at the FICCI-Frames 2003. A desperate call for rationalisation of licence fees was the main pitch for survival. "In our ... More

Govt firm on CAS deadline
NOTWITHSTANDING the continuing debate on the Conditional Access System (CAS), Mr Rakesh Mohan, Joint Secretary, Information and Broadcasting Ministry, is firm on the date set for its implementation. "Pay channels have to go through the CAS ... More

CINEMA

`Corporatisation will kill the soul of film-making'
BOLLYWOOD has an itch and it has much to do with the perennial drone of corporatisation as panacea for its ills. For the second day at Frames 2003, sections of the film industry continued to outline how far the tie-clad manager could venture into ... More

RURAL DEVELOPMENT

High bandwidth rural connectivity vital: President
TO reach the benefits of information technology to the rural areas particularly in the areas of telemedicine, healthcare and e-learning, a high bandwidth rural connectivity holds the key, according to the President, Dr A.P.J. Abdul Kalam. This ... More

Pant favours rural industry fund for non-farm needs
THE Planning Commission Deputy Chairman, Mr. K.C. Pant, has called for creating a special rural industry fund on the lines of venture capital fund to meet the multiple and diverse needs of the non-farm sector. Speaking at the National ... More

HUMAN RESOURCES

Indians working abroad will be protected: Joshi
THE Union Minister for Human Resources Development, Dr Murli Manohar Joshi, has reiterated the Government's commitment to protecting the safety and self-respect of Indian professionals working abroad. The Minister made this remark to ... More

EVENTS

Global defence expo in Abu Dhabi from today
INDIA is participating in the 6th International Defence Exhibition and Conference, IDEX 2003, which opens in Abu Dhabi on Sunday. This year, the major global defence expo sees the participation of over 825 companies from 46 countries The Indian ... More

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