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Saturday, May 04, 2002
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Andersen partners join Ernst & Young -- Business consulting kept out
ERNST & Young (E&Y) has become the largest professional services firm in the country, with the Andersen partners here announcing on Friday that they are joining E&Y. Mr Kashi N. Memani, Chairman of E&Y's India operations, will be the Chairman ... More

KPMG abandons talks with Andersen
KPMG, a leading professional services firm, on Friday announced that the discussions for combining Andersen's operation in India have been abandoned. A statement issued by KPMG said that a decision has now been taken against a ``comprehensive ... More

M.S. Oberoi dies at 103
THE father figure of the Indian hotel industry and Chairman, Oberoi Group, Rai Bahadur M.S. Oberoi, passed away on Friday at the age of 103. Born in a village in the erstwhile-undivided Punjab, now in Pakistan, Mr Oberoi started his career in ... More

Four cos seek to retail petro goods
OIL and Natural Gas Corporation and Numaligarh Refineries Ltd have applied to the Government for authorisation to retail petrol and diesel, according to the Union Petroleum Minister, Mr Ram Naik. Inaugurating the `Gastech 2002' conference on ... More

Templeton among FDI plans cleared
THE Government on Friday cleared Foreign Direct Investment (FDI) proposals worth Rs 580 crore, including Caltex Oil Corporation's proposal to increase its stake from 51 per cent to 100 per cent. For this, Caltex Oil will bring in foreign ... More

Century Tex net slips 78% to Rs 11.72 cr
HIGHER depreciation dragged down the net profit of Century Textiles and Industries Ltd by 78.27 per cent to Rs 11.72 crore (Rs 53.95 crore) for the financial year ended March 31, 2002. Net sales for the year stood at Rs 2,197.01 crore (Rs ... More

Land bridge to Lanka to cost $500 million
THE pet project of the Sri Lankan Prime Minister, Mr Ranil Wickremesinghe, to build a land bridge between Sri Lanka and India, is getting concretised with the Board of Investment (BoI) of Sri Lanka being given the assignment to draw up plans for ... More


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Andersen partners join Ernst & Young -- Business consulting kept out


M.S. Oberoi dies at 103

The TDS milch cow

Cement sector output crosses 100-mt mark

The ebb-flow match continues for IT cos

Wheat MSP a `mirage' outside Punjab, Haryana

Pvt sector allowed into primary healthcare

Land bridge to Lanka to cost $500 million

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Apr. 21-Apr. 27
Bank on security rules to tackle armed attack

Patkar to support KGF, Kudremukh causes

Contract farming fine but not corporate: Ajit

TRAI nod unlikely for free limited mobility pricing

New depository fees: Small investors to take a big hit

Bharti makes international calls up to 40 pc cheaper

`Speculative' deals to be redefined

Investment cap on relief bonds for retirees goes

DoT alarmed by phone surrenders

New routes for tax evasion -- Debt tools misuse under scrutiny

Reliance Q4 net dips 11.5% to Rs 672 cr

Host of rollbacks coming -- Dividend tax norms to stay with sops for shareholders

New motor insurance tariffs by mid-May

MIP '97 redemption -- SEBI to ask UTI to meet shortfall from reserves

Sinha treads `middle' path softly

Rollback leads to rise in tax saving scheme yields

Revenue Dept puts together comprehensive relief package -- Section 80 L benefits restored


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