The Hindu Business Line : Monday, March 17, 2003

Jaswant clears 49 pc FDI in insurance
THE insurance FDI cap hike is on. The Ministry of Finance would soon be approaching the Union Cabinet with a proposal to hike the limit from the current 26 per cent to 49 per cent. According to highly-placed officials, the political approval ... More

MTNL readying VRS package — Cos to be board-driven: Shourie
MAHANAGAR Telephone Nigam Ltd (MTNL) has formulated a voluntary retirement scheme (VRS) for its employees. It is expected to be rolled out in the new financial year, the MTNL Chairman and Managing Director, Mr Narendra Sharma, said today at the ... More

HDFC Mutual acquires Zurich asset company
With the acquisition of Zurich AMC, HDFC MF may be the third largest mutual fund in the country in terms of value of assets under its management. More

GAIL moots `barter' deal with exploration cos — Seeks gas supply for paying back to Govt
IN a bid to increase its business, GAIL (India) Ltd, the state-owned gas transporter, has mooted a proposal wherein royalty and `profit petroleum' that accrues to the Government as cash from oil and gas-producing blocks, is given to GAIL in kind, ... More

Does promise match the performance in consumer goods?
JUST when you think that companies have traversed every contour of the human psyche -- from shampoos that rid your hair off dandruff to soaps that make you fair in weeks - there comes along a television that claims to calm your nerves with ... More

A long journey, from field to factory
AS they fix the nuts and bolts at their workstations on the tractor assembly line, they know that the 60 acres of land on which their factory stands were once the fields that their forefathers tilled. Today, the same land provides them their ... More

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