The Hindu Business Line : Friday, August 23, 2002

DCA detects breach of laws by Credit Suisse
THE Department of Company Affairs (DCA) has detected a number of violations of the Companies Act by Credit Suisse First Boston (India) Securities Private Ltd (CSFB). This opens up the possibility of the examination of its transactions relating to ... More

BSNL calls the shots with Data Access
WHO decides the tariffs for ISD calls? The international long distance (ILD) operators who provide the service? Or the basic service operator who hands over the calls made by its subscribers to them? While logically it should be the ILD ... More

IndusInd Bank-IEFL merger swap at 1:1
THE Hindujas-promoted IndusInd Bank Ltd (IBL) is merging one of its holding companies, IndusInd Enterprises & Finance Ltd (IEFL), with itself at a swap ratio of one equity share of IBL for every share of IEFL. The boards of directors of IBL and ... More

Banks asked to be transparent on consumer loan ads
BANKS have been asked to refrain from advertising the financing of consumer durable by distorting facts related to interest rates. In a circular issued to commercial banks, the RBI said that some banks were providing low or zero per cent ... More

Secularism turns on the IT magnate
We cannot afford to encourage hatred if we want a better future for our children... The majority religion should be like the elder brother, magnanimous to the younger brother... never mind how childish he can get. More

Celeb endorsement is toss-up for cos
SACHIN, Saurav and Dravid are not the only ones giving corporates and their advertisers sleepless nights. The raging controversy over celebrity endorsements has raised another issue — what happens to defunct celebrities? In other ... More

AP awards sugar coops to Krebs, Madhucon
MADHUCON Projects Ltd and Krebs Biochemicals Ltd have won the bid for the purchase of the Palair Co-operative Sugars Ltd and Sri Venkateswara Co-operative Sugar Factory respectively. The Andhra Pradesh Cabinet sub-committee at its meeting on ... More

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