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Thursday, September 02, 2004

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Mortgage-backed securities — NHB provides more leeway
THE fledgling secondary market for residential mortgage-backed securities (MBS) is set to get a boost with home loan refinancier National Housing Bank donning the garb of marketmaker for such securities. An NHB official today said that the bank ... More

Bharti, Reliance work out lower licence fee payouts
In a first of its kind case, national long-distance operators Bharti Infotel and Reliance Infocomm have separately applied for Infrastructure Provider category 2 (IP-2) licence, despite the fact their existing licence allows them to offer all ... More

Pvt telecom cos threaten to stop paying access deficit charges
THE face-off between private telecom operators and Bharat Sanchar Nigam Ltd on access deficit charges gained momentum with the basic operators shooting off a missive to the telecom regulator supporting cellular operator's demands for abolishing ... More

IFCI acquisition: Will PNB pip IDBI?
THE race for IFCI Ltd has taken an interesting turn. As the finalisation of the due diligence report for IFCI enters its final lap, Punjab National Bank (PNB) is emerging as the favourite to acquire the troubled New Delhi-based term-lending ... More

`Co-op banks must share data on blacklisted builders'
AN RBI constituted group on `housing finance frauds' has recommended that urban co-operative banks should share information on blacklisted builders and seek agreement for sale in dematerialised form to guard against fraud such as forged documents ... More

Duty, taxation structure for auto sector needs radical changes: Montek
THE duty and taxation structure that governs the automotive sector needs radical changes, not marginal fiddling, Dr Montek Singh Ahluwalia, Deputy Chairman of the Planning Commission, said while speaking at the annual convention of the Society of ... More

Don't sign the attendance register, just log in!
REMEMBER your college days when half the class hollered `Present, Sir!' and provided "proxy" attendance for the rest that bunked class? You leave the fun and carefree ways behind when you step into a job. You're to dutifully sign the attendance ... More




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