Financial Daily from THE HINDU group of publications
Friday, June 10, 2005
Markets (July 26)
BL 2502331.81 (+6.53)
BSE Sensex7552.77 (+47.17)
S&P CNX Nifty2303.15 (+11.40)
US Dollar (Buy/Sell)43.44/43.57
Gold Std (10 gm)6050

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Govt plans merger of small steel PSUs with SAIL
THE Government is considering a plan to merge the small state-owned steel companies with Steel Authority of India Ltd (SAIL), according to the Steel Minister, Mr Ram Vilas Paswan. Speaking at a news conference, he said: "After a complete study ... More

Five banks get new chiefs
THE Government today appointed new chiefs for Indian Overseas Bank (IOB), Andhra Bank, Canara Bank, Indian Bank and Bank of India. Mr T.S. Narayanasami, who was the CMD of Andhra Bank, has moved to IOB as its new Chief Executive. IOB was ... More

TRAI asks mobile operators to restrict services within circle
THE Telecom Regulatory Authority of India (TRAI) has asked mobile operators to restrict their services within the boundaries of the licensed area. The move comes after it was brought to the notice of the telecom regulator that some of the ... More

Banks told to simplify claims on death of depositors
THE Reserve Bank of India has directed banks to simplify the procedure to facilitate speedy and easy settlement of claims following the death of depositors. The apex bank has also told the Indian Banks' Association to formulate a model ... More

VSNL Q4 net up at Rs 399 crore
PROFITS from long-term investments have helped Videsh Sanchar Nigam Ltd (VSNL) report a huge bottomline growth for the fourth quarter as well as for the whole year ended March 31, 2005. Annual topline growth, on the other hand, was rather ... More

Engg grads: The rules of the hiring game
LAST year's salary data from the top engineering colleges, including some IITs, show that if you have specific computer skills, rather than generic analytical skills, there is a greater likelihood of the likes of Microsoft taking you at ... More

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