The Hindu Business Line : Saturday, June 28, 2003

As bourses postpone ex-dividend date of 15 companies — Investors lose out in early trade
SEVERAL small shareholders burnt their fingers in early trade when they sold shares of some companies, including Tata Engineering, ACC and Apollo Tyres, that were entering the no-delivery period today without realising that the NSE and the BSE ... More

Govt softens stand on CAS
IT seems to be a case of give and take. While the Government today seems to have toned down its stance saying that July 15 may well be the date for a "soft launch" of the Conditional Access System (CAS), top broadcasters have veered round the ... More

EPFO trustees urge IFCI to pay 10% interest on bonds
THE Central Board of Trustees (CBT) of the Employees' Provident Fund Organisation (EPFO) on Friday asked the Industrial Finance Corporation of India (IFCI) to improve its offer of 9 per cent interest on the fund's investment in bonds floated by ... More

Coromandel Fert emerges highest bidder for GFCL stake
COROMANDEL Fertilisers Ltd (CFL) has emerged as the highest bidder for the Andhra Pradesh Government's 25.88 per cent stake in Godavari Fertilisers and Chemicals Ltd (GFCL) when the Implementation Secretariat (IS) of the State Government opened ... More

Citigroup arm may pick up stake in Jindal Iron
"We feel the steel industry worldwide will witness another good year with China as the main driver." More

Radio Mid Day feels the pinch
Radio Mid Day West India Pvt Ltd, a subsidiary of Mid-Day Multimedia Ltd, which ran the Go 92.5 FM station in Mumbai, has sent a conditional notice to the Information & Broadcasting Ministry to surrender its licence for FM Radio broadcasting in ... More

Haier sounds domestic majors for tie-ups
CHINA'S Haier Group, a $8-billion consumer durables major, will set up a 100 per cent subsidiary in India after the Foreign Investment Promotion Board (FIPB) and the Ministry of Finance cleared its proposal on Thursday. It becomes the first ... More

IA sets up panel for leasing more aircraft
IN an effort to protect its share in a dynamic market, Indian Airlines (IA) on Friday constituted a sub-committee to consider leasing more aircraft for strengthening its fleet. Sources said that the committee was likely to look at leasing up ... More

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