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Saturday, January 29, 2005

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P&G may gain strength in marketshare war here
THE Procter & Gamble -Gillette deal could result in the former getting a significant boost both to its scale of operations and range of products in the Indian market. . This may strengthen P&G's hand in the ongoing war for market share with More

`It is too early to predict impact'
THE global acquisition of The Gillette Company by Procter & Gamble, announced today, is expected to create the largest consumer goods company worldwide, but implications of this deal for Gillette in India were not clear. At present, Gillette ... More

Provident funds allowed to invest 5 pc in equities
IN a landmark development the Government has allowed all non-Government provident funds, superannuation funds and gratuity funds to invest in equity market. As per the revised guidelines released today on the investment pattern to be followed, ... More

SBI Q3 net up 19.56% on higher interest income
BOOSTED by higher net interest income and lower cost of deposits, State Bank of India has recorded a 19.56-per cent growth in net profit in the third quarter at Rs 1,099.35 crore, against Rs 919.44 crore in the corresponding period the previous ... More

PSB officials may be out of CVC, CBI purview
THE public sector banking industry might not be the same very soon with the proposed new autonomy package promising to usher banks into a new world of freedom. Some of the issues under the Government's consideration are removing bank officials ... More

Markets bounce back; Sensex gains 179 points
THE bourses, which have been volatile for past several days, ended the week on a very bullish note with both the indices posting gains of over 2.7 per cent during Friday's trade. The Sensex gained 179.66 points to close at 6,419.09, the highest ... More

No demat fee from Feb 1
THE Securities and Exchange Board of India has directed that from February 1, 2005 investors who open new demat accounts will not have to pay opening charges, other than statutory charges. These new account holders will also not have to pay ... More

Inflation rate falls further to 5.42 pc
THE annual wholesale price index-based inflation fell to a 33-week low of 5.42 per cent during the week ended January 15, from 5.6 per cent recorded in the previous week. The fall in the point-to-point inflation index was mainly on account of ... More

Bihar under `wintertime pool' of pollution: Study
The pollution pool must be having a tremendous impact on the local climate in Bihar and the health of the approximately 100 million people that reside within this pool. More

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