The Hindu Business Line : Wednesday, February 23, 2005

Govt clears autonomy package for PSU banks
THE tussle in the banking space would now be on an equal footing with the Ministry of Finance today clearing a new autonomy package for public sector banks aimed at creating a level-playing field for state-owned banks with their private sector ... More

Mallya to make open offer for 25 pc of SWC at Rs 250/share
The offer would entail a commitment of Rs 300 crore. More

Bank stocks lead bull charge
STOCK prices led by bank shares rebounded during the latter part of the session, following announcements from the Union Government offering greater autonomy to public sector banks. The mood of the market, which was lacklustre in the first four ... More

Manhattan NRI Chatwal plans Dream hotels here
THE hospitality industry will have one more contender to deal with soon. Mr Sant Singh Chatwal, one of the most influential Indians of Manhattan and known to be close to the Clintons and the Democratic Party, is bringing his boutique hotels to ... More

Finance Ministry defends MRP-based excise on drugs
WITH the Department of Chemicals and Fertilisers demanding an enhancement of the abatement level from 35 per cent to 40 per cent from the declared retail price of drugs for levy of excise duty, the Finance Ministry reiterated that the levels have ... More

Sourcing from third countries — India, Pak can import from each other: Kamal Nath
Mr Kamal Nath said the bilateral trade had the potential to grow five-fold within a couple of years if right flexibilities were granted. More