![]() Financial Daily from THE HINDU group of publications Sunday, April 27, 2003 |
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MONEY & BANKING FOREX Forex reserves up $326 m EXPORT receivables, NRI remittances coupled with foreign direct investment has added to the country's forex reserves by $326 million to cap it at $76.077 billion for the week ended April 18, 2003 compared to $75.751 billion in the previous week, ... More FINANCIAL PERFORMANCE South Indian Bank posts higher net THE Thrissur-based South Indian Bank has declared a net profit of Rs 72.33 crore for the year 2002-03, up from Rs 62.41 crore of the previous year. The board of directors has recommended a dividend of 25 per cent, subject to the approval of the ... More LIFE INSURANCE A cover for house loans OWNING a house probably tops the order of priorities for most. Though it calls for a substantial investment, the availability of loans at competitive rates has made house shopping easier. These days it is not uncommon to find people in their ... More
ING Vaisya's Creating Life GENERAL INSURANCE `Failure on rural target' Reliance Insurance fined Rs 2 lakh RELIANCE General Insurance Company has been slapped with a Rs 2-lakh fine by the Insurance Regulatory and Development Authority (IRDA) for not fulfilling its priority sector obligations for the year 2001-2002. Speaking at the sidelines of a BSE ... More GOVT BONDS Cut off date for interest on relief bonds THE Government will not pay any interest on the relief bonds that had matured but not encashed after February 28, 2003, according to an RBI press release. Investors have been advised to present the matured relief bonds under the various relief ... More FIXED DEPOSITS Sundaram Finance: Riding high The company's fundamentals have remained strong and its prospects also appear bright, given the revival in the auto segment. An investment in any of the options can be considered. Schemes and features: Sundaram Finance offers cumulative ... More MERGERS & ACQUISITIONS TCI Finance board meet on May 2 TCI Finance Ltd has decided to convene a meeting of its board of directors on May 2 to allot fully paid-up equity shares of the company to all the members of the transferor-companies as per the scheme of amalgamation. The company has obtained ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus Run-up to Budget Kelkar Report Bottled water: How safe is it? Telecom Competition Oil PSUs: Disinvestment dilemma Housing Fin. rate war: Bonanza for consumers! NPAs in Banking Truckers' Strike In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collections NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Railway Budget Budget 2003-04 Books and Reviews Looking back Apr. 20-Apr. 26 Forex reserves up $711 m on NRI funds, trade inflows Banks, FIs seek rejig of State guaranteed debt Conversion to development loans favoured The hidden cost of cheap-funding FCI Sub-Rs 10-cr NPA scheme draws poor response Truckers to gain under free tariff regime: Panel ICICI Bank: Dividend declaration `eye-catching' Sharp fall in LIC first premiums |
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