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Wednesday, April 13, 2005

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Home loans set to turn costlier
HOME loans may become dearer to borrowers in the near future. Banks and financial institutions are understood to be considering a 25-50 basis points hike in housing loan rates shortly, given the steady hardening in domestic bond yields. The ... More

RBI draft guidelines — Credit risk on banks purchasing NPAs
BANKS will be allowed to buy or sell non-performing financial assets from or to other banks only on a `without recourse' basis, according to the Reserve Bank of India's draft guidelines on the purchase or sale of non-performing assets (NPAs). ... More

End to Monsanto's Bt cotton monopoly?
THERE is seemingly good news for domestic cotton growers, who are now wholly dependent on Monsanto for transgenic Bt technology to combat the dreaded American bollworm insect pest. The US life sciences giant's monopoly is set to be broken, ... More

Open offers fail to click as market prices rule higher
THE recent buoyancy in the stock markets does not seem to augur well for open offers. Some of the open offers made by companies have not evoked good response from shareholders primarily because the market price has been ruling above the offer ... More

Hero Honda Q4 net dips 2 pc — Full-year profit up 11 pc; to pay 1,000 pc dividend
PRESSURE on margins due to rising input costs and discounts on product prices resulted in a slowdown in profitability last fiscal for the country's largest bike maker, Hero Honda Motors Ltd. The company's net profit grew by 11 per cent, the ... More

HLL looks to beverages for foods biz growth
HINDUSTAN Lever Ltd, which undertook major supply chain and distribution restructuring for its foods business, is finding comfort in backing its revenue and profit earning segments like beverages. In 2004, from a total company revenue of Rs ... More

Industrial growth in Feb falls to 4.9 pc
THE index for industrial production fell to 4.9 per cent during February 2005 compared to 8.3 per cent registered in February 2004. However, for the April-February 2004-05 period, the overall index for industrial production stood at 8.1 per ... More



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