The Hindu Business Line : Saturday, March 29, 2003

Decision deferred on EPF rate cut
THE Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) today deferred a decision on effecting a reduction in the interest rate on EPF deposits during the coming fiscal. "We have referred the matter to the ... More

ONGC may share LPG, kerosene subsidy burden
ELECTORAL considerations have so far forced State-owned integrated oil marketing and refining companies like Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) to bear the entire ... More

G-secs hold the key as banks prepare balance-sheets
WITH the last day of the fiscal around the corner, bankers are scurrying to prepare their balance sheets, and at the same time, there is much concern over the way the yields and prices in the Government securities market are likely to behave on ... More

India condemns arrest of i-flex employees
INDIA has strongly condemned the arrest of 12 employees of software major, i-flex Solutions Ltd, in Netherlands, saying that the incident was tantamount to creating a non-tariff barrier and came in the way of free flow of services of ... More

War will not impact financial system: Jalan
THE Governor of the Reserve Bank of India, Dr Bimal Jalan, today assured that the "financial system will be taken care" if the war in Iraq draws out for a long period. "There is no evidence of any inflationary pressure. As far as the effect of ... More

Village India surfs the Net for jobs!
ruralnaukri.com has created a databank of 19,000 resumes. It has had about 60 clients who put up their vacancies on the site after paying a fee of Rs 600-Rs 1,200 per month. Some of them include Hindustan Lever Ltd, Cargill, Tata AIG and Dabur, Max N ew York Life. More

Bajaj Auto to buy finance arm shares
BAJAJ Auto Ltd has informed the National Stock Exchange that its plans to acquire 29,16,900 shares amounting to 17.69 per cent of Bajaj Auto Finance Ltd. The proposed shareholding after acquisition is 76,10,700 shares amounting to 46.15 per ... More

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