The Hindu Business Line : Monday, June 30, 2003

Indian promoters can hold 74 pc stake in pvt banks
THE Government and the Reserve Bank of India (RBI) have decided to allow Indian promoters of private sector banks to hold 74 per cent stake, thereby, bringing it at par with the limit agreed for foreign direct investment (FDI). "We have decided ... More

Remuneration disclosures — Exemption likely for entities abroad
To ensure that Indian entities operating abroad do not suffer any competitive disadvantage due to disclosure requirements of remuneration under the Indian company law, the Department of Company Affairs (DCA) is likely to exempt them from ... More

Drawing the line on medical endorsements
A TOOTHPASTE with the "seal of acceptance" from dentists, a shampoo used by dermatologists or a skin-cream mentioned in the Indian arm of the reputed Journal of American Medical Association (JAMA) — how far can companies go while using the ... More

Pricing, promos heat up ice-cream war
THE country's single largest market for ice-cream, Delhi, is witnessing its most aggressive battle this summer, with four of the country's leading ice-cream brands - Mother Dairy, Amul, Kwality Walls and Vadilal - going full throttle to woo ... More

BSNL to get a full-time board at last
AFTER waiting for close to one year, Bharat Sanchar Nigam Ltd (BSNL) will finally have a full-time board of directors led by Chairman & Managing Director, Mr Prithipal Singh. According to official sources, the Appointments Committee of Cabinet ... More

Speedy SMS edits snail mail traffic
SANTHOSH is a humble postman on his daily beat in Ernakulam city. The newfound jargons of the Department, e-bill, e-post, satellite post etc, are still not a part of his lexicon. Yet, he is sharply aware of the falling number of letters that he ... More

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