The Hindu Business Line : Saturday, July 05, 2003

CAS rollout may be deferred
THE implementation of the Conditional Access System (CAS) for regulation of cable TV industry is set to go the VAT way with the Government reconciled to a deferment to September 1. Earlier, the deadline for the rollout of CAS was July 15, but ... More

Rupee touches 32-week high
THE Indian rupee continued its rally against the US dollar, backed by strong FIIs inflows. The rupee today rose to its highest level in 32 weeks touching 46.3150 before closing at 46.34 against the dollar. The rupee was last seen at these ... More

Move to ease curbs on PSU marketing cos — Govt mulls short-term oil dealerships
IN a bid to ease the restrictions on public sector oil marketing companies setting up retail outlets for selling petrol and diesel, the Government is considering a proposal to amend the policy on retail outlets that are owned as well as operated ... More

Despite resignations, uncertainties — Show goes on at IDBI Bank
WORK is as usual at the corporate headquarters of IDBI Bank, Kamala City, Lower Parel in Mumbai despite the CEO having put in his papers. Not only is the CEO, Mr Gunit Chadha, who is credited with having set the bank on the fast-track, ... More

PSU banks' top brass — less pay, more pressure
``IN another two to three years, when I retire, you may see me going on a bicycle", says the Chairman and Managing Director of a large public sector bank. There is both sarcasm and a trace of bitterness in the voice. The CMD was responding to a ... More

Normal monsoon, forex reserves favour economy, says NCAER
EVEN as the Central Statistical Organisation (CSO) has revised the gross domestic product growth (GDP) for the inaugural year of the Tenth Plan to 4.3 per cent in the aftermath of the worst drought, a marginally favourable view of the growth ... More

Forbes Group enters online lottery biz
THE latest corporate group to enter the lottery business is Shapoorji Pallonji-controlled Forbes Group, which will market online tickets of Meghalaya State lottery from July 7. DhanDhanaDhan Infotainment, a company promoted by the Forbes Group, ... More