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Sunday, December 05, 2004

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Panel to review economic laws, rules
THE UPA Government has decided to set up a standing committee to review all economic legislations and rules on a continuous basis. The committee will have representation from both the Government and the industry. This was decided at the second ... More

`Dadri project was a fait accompli for the finance committee of RIL'
CONTRARY to the perception in a section of the market, sources in Reliance Industries continue to insist that the Rs 10,000-crore Dadri power project was presented to the board as a fait accompli as it met on January 29 this year to ... More

Forex reserves surge $1.8 b on $ inflows, revaluation gains
PROPELLED by a torrent of dollar inflows and a significant revaluation in the central bank's basket of currencies, the country's forex reserves surged by over a billion dollars for the fourth consecutive week. As per the latest RBI statistics, ... More

Oriental Bank suspends ex-GTB Managing Director Gande, 2 others
THE management of Oriental Bank of Commerce that had acquired Global Trust Bank has suspended the former GTB Managing Director, Mr Sudhakar Gande, and two other senior officials. The decision comes in the wake of the Union Finance Minister, Mr ... More

Pick a winner stock market contest
For the contest held during October 2004, the stock of Zodiac JRD-MKG posted the maximum gain of 118 per cent. Its share price rose from Rs 23.5 to Rs 51.05. Out of 792 entries received, 29 are winners (including multiple applications). The ... More




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