Financial Daily from THE HINDU group of publications
Thursday, June 12, 2003
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Financial Daily from THE HINDU group of publications Thursday, June 12, 2003 |
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MONEY & BANKING FOREX Re firms up to 46.69; G-secs post gains Mumbai: THE spot rupee ended at another new high against the dollar on Wednesday at 46.6950/70, up by around six paise from Tuesday's closing at 46.76/77. The market continued to witness substantial dollar selling from across the board, ... More INSURANCE Strategic to foray into re-insurance STRATEGIC Insurance Services Pvt Ltd (SISPL), the Hyderabad-based insurance brokerage firm that emerged as the biggest direct insurance broker in the country, plans to enter the business of re-insurance brokerage shortly. Addressing ... More STOCKS 
Bank of Punjab surges on takeover talkBANK of Punjab touched a new high on the bourses on Wednesday, posting record volumes on the back of speculation that Scotiabank of Canada is acquiring a strategic stake in it. Hectic trading at the bank's counter drove the share price up 11.75 ... More FINANCIAL PERFORMANCE IDBI Capital net down 2.5% on interest rate volatility IDBI Capital Market Services Ltd, a primary dealer in the Indian debt markets and 100 per cent subsidiary of IDBI, has posted a 2.5 per cent drop in net profit for the year ended March 31, 2003 at Rs 228.15 crore as compared to Rs 233.99 crore in ... More GENERAL INSURANCE Public sector general insurers — Govt gets GIC stake for free GENERAL Insurance Corporation of India (GIC) has transferred its stake in the four public sector insurance companies to the Government free of cost. High-level sources said that the Ministry of Finance had taken the stand that there was no ... More
Punjab & Sind Bank to market Bajaj Allianz products DERIVATIVES MARKETS NSE interest rate futures trading from tomorrow THE much-awaited trading in interest rate futures is finally set to take off from Friday on the National Stock Exchange. In a notice to its members, NSE said the trading in interest rates futures on the exchange's futures and options segment ... More PRIVATE BANKS Commercial vehicle business — HDFC Bank in talks with finance cos HDFC Bank is to enter into tie-ups with three to four finance companies in an attempt to grab a large slice of the Rs 8,000-10,000 crore commercial vehicle finance business. "We are talking with three to four players and will enter into ... More
BOB pares rates on farm, SSI credit CO-OPERATIVES Co-op bank victims to hold rally HYDERABAD: THE Welfare Association of Co-operative Bank Depositors are going to hold a rally on June 16 in the city demanding that immediate steps be taken to return their deposits locked in various crisis-ridden co-operative ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus SARS scare The Cable tangle Pakistan Diary Indo-Pak Monitor Indo-China Relations Telecom Competition Oil PSUs: Disinvestment dilemma NPAs in Banking In Depth Simple Economics Consumer Notes Tax Talk The Brahmananda collection NRIs & Investment Avenues Corporate Governance Gold: Still the winner? Cars: Always a beauty Books and Reviews Looking back Jun. 1-Jun. 7 Car safety ratings & insurance Retail loans spur PSBs' credit growth LIC beginning to feel the heat IRDA directive on commission to boost brokerage industry Ministry cool to banks' plea — G-secs buyback gains not into IFR kitty PSBs comfortable with medium-term lending I may go back to my accountancy: Rangachary PSU banks stay beyond SEBI purview |
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