The Hindu Business Line : Sunday, June 15, 2003

All power projects may get customs waiver
THE Government is mulling waiver of customs duty for all power generation projects. Currently, the waiver is available only for mega thermal power projects having a capacity of over 1000 MW and hydel projects above 500 MW. "We have received ... More

L&T board to discuss further on cement unit
YET another board meeting of Larsen & Toubro — called to discuss the issue of the restructuring of its cement division — ended inconclusively today. ICRA which had earlier been assigned to analyse the two different proposals - ... More

BSE to launch bank index tomorrow
WITH bank stocks in the limelight, the Bombay Stock Exchange (BSE) has decided to launch a new index BANKEX, comprising stocks from the banking sector, based on the free float method from Monday. The new index would comprise 12 stocks, ... More

Vijaya Bank plans Rs 100-cr public issue
CLOSE on the heels of banking scrips heading towards north across the bourses during the recent times, Vijaya Bank, which had earlier withdrawn its proposal to return Rs 100-crore capital to the Government, has now decided to further augment its ... More

Narayana Murthy to continue till 60 — Infy ADS not in current quarter
INFOSYS Technologies' sponsored ADS issue will not take off in the current quarter as the company nears the end of April-June session of fiscal 2004. The Chief Financial Officer, Mr Mohan Das Pai, replying to shareholders query at the company's ... More

Forex reserves value down in rupee terms
THE country's forex reserves have gone up by $343 million to touch $81.672 billion for the week ended June 6. In the previous week, the accretion had been higher at $513 million to touch $81.329 billion. Interestingly in rupee terms, the value ... More

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