The Hindu Business Line : Wednesday, January 23, 2002

HLL ends year with 25 pc rise in net
FMCG major Hindustan Lever Ltd (HLL) has ended the year 2001 with a 25.3 per cent increase in net profit at Rs 1,641.31 crore, compared to Rs 1,310.09 crore in 2000. Excluding exceptional item of Rs 100.36 crore, HLL's net profit for the year ... More

Bharti pact with cell cos heading for a jam
THE interconnect agreement between cellular operators and Bharti Telesonic Ltd (BTSOL) for routing mobile-to-mobile STD calls, announced with much fanfare in end-December, seems to be heading for trouble. According to industry sources, the ... More

Status quo in EPF rate for now -- Linking to Special Deposit Scheme mooted
THE Central Board of Trustees (CBT) of the Employees Provident Fund Organisation (EPFO) has recommended that the interest payable on EPF deposits for 2002-03 be retained at the existing 9.5 per cent. "This is an interim recommendation, subject ... More

EPF trustees find out Sinha is the real boss
THE two-year-long battle between the Finance Ministry and the Central Board of Trustees of the Employees Provident Fund Organisation (EPFO) over the interest rate to be credited on EPF deposits seems to have been decisively clinched in the ... More

Competition may leave cell users in a muddle
THE promise of cheaper long-distance cellular service by Bharti Telesonic from January 26 has run into a hurdle. It had hoped its agreement with the cellular companies would automatically bring it the traffic, but the Telecom Regulatory ... More

Gunmen kill 4 cops near Kolkata American Centre
AT least four policemen were killed by gun-toting assailants in front of the American Centre building here this morning, sending shock waves through the city. The attackers, numbering between two and six, are reported to have come either on ... More

Karnataka co-op bank may be on the verge of collapse -- `Revival plan being readied'
THE Karnataka Central Co-operative Bank, located in Dharwar, is heading towards collapse. This is the first district central co-operative bank to land in such a sticky situation. The two other institutions, which collapsed in Gujarat and Andhra ... More

Tatas in talks with IFC to sell stake in TFL
THE Tatas are negotiating with International Finance Corporation (IFC) to sell part of the group's equity stake in the troubled finance company, Tata Finance Ltd (TFL). Sources close to the institution said that negotiations are at a ... More

CPCL to consider IAL sell-off to Chevron on Jan 28
CHENNAI Petroleum Corporation Ltd (CPCL) will consider a proposal shortly to sell its equity stake of 50 per cent in Indian Additives Ltd (IAL) to its joint venture partner, Chevron Oronite Company LLC. The proposal will be taken up at the ... More

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