Accessing capital market Malegam panel moots tougher norms
A PROMOTER or director of a company debarred from accessing the capital market is likely to carry that stigma over to any other company that they may join. Companies whose promoters and directors have a previous record of restricted access to ...
Monsoon scene mixed, not as bad as 2002
There is no countrywide drought developing this year similar to the kind seen in 2002.
New light on line of succession
EVEN if the will of the late Priyamvada Birla, the widow of M.P. Birla, is proved to be defective and thrown out by the courts, the rest of the Birla clan may not have much to cheer, going by the succession tangle that would inevitably follow, ...
Birla families not to buy M.P. Birla's Pilani stake
THE Birlas on Friday said that none of the families want to buy the M.P. Birla family's 25 per cent stake in Pilani Investments, a holding company that owns shares in several concerns of the group. A statement issued here on behalf of the ...
Landline talk: J&K, Bihar take the honours
EVER wondered people of which State talk the most on a fixed line phone outside the four metro cities? It's those living in Kashmir and Bihar. According to the statistics for 2002-03 available with the Department of Telecom, telephone users in ...
RBI's Budget assessment `largely favourable': Chidambaram
THE Finance Minister, Mr P. Chidambaram, on Friday said the Reserve Bank of India's assessment of the Union Budget for 2004-05 was "largely favourable." Speaking to reporters after the customary post-Budget meeting with the RBI Central Board, Mr ...
Sensex climbs on earnings' trigger
WORRIES regarding the monsoons notwithstanding, the markets closed on a positive note for the second straight day. Post-Budget, the two main triggers that investors have been looking for are the earning numbers and monsoons. The earnings ...
High-income class expanding fast: NCAER report
ACCORDING to a soon-to-be-published report of the National Council for Applied Economic Research, Delhi (NCAER), the `India Market Demographic Report for 2002', India's high-income class is expanding fast, middle-income classes are bulging in ...
Inflation at 24-week high of 6.16 pc
INFLATION rose to a 24-week high of 6.16 per cent for the week ended July 3. The surge was mainly on account of the aviation turbine fuel (ATF) turning costlier, along with a rise in the prices of manufactured items. Reacting to the rising ...
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