The Hindu Business Line : Saturday, February 12, 2005

Tata Tea to transfer 17 estates — Begins exiting plantation biz; workers to be stakeholders
TATA Tea Ltd (TTL), often described as the world's biggest integrated tea company, has begun the process of withdrawal from the plantation business, with its board today approving the transfer of 17 tea estates in South India to a new company ... More

SKF India board to consider delisting
THE stock of SKF India Ltd, part of the global bearings maker SKF Group, closed 13.58 per cent higher at Rs 188.65 a share on the BSE on Friday on news that the company's Swedish promoters would delist shares from Indian bourses. SKF India Ltd ... More

HLL net profit drops 32 pc
HINDUSTAN Lever Ltd continued its disappointing performance, reporting a 32-per cent fall in both fourth quarter and full-year net profits. Net profit for the December quarter was Rs 333.67 crore (Rs 494.72 crore) and for the full year Rs ... More

Laundry, shampoo to drive Hind Lever profit in near term
AGGRESSIVE pricing and higher investment have helped Hindustan Lever defend its market position against the onslaught of competition in conventional businesses such as laundry and shampoos over 2004. But HLL will continue to lean heavily on ... More

Tribunal declines to stay ISP fees — Gives 2 more weeks to comply with DoT order
IN a blow to the Internet service providers (ISPs), the Telecom Dispute Settlement Appellate Tribunal (TDSAT) on Friday refused to grant any stay on the Government's decision to impose entry fee and licence fee on ISPs for offering virtual ... More

Lakshmi Vilas Bank clarifies
With reference to the news report "Foreign banking entities eye Lakshmi Vilas Bank stake'' that appeared in these columns on Friday (February 11), Lakshmi Vilas Bank reiterates that no due diligence has been conducted on the bank by any foreign ... More

Inflation declines on cheaper edible oils
THE wholesale price index (WPI) based inflation touched an eight-month low at 5.25 per cent for the week ended January 29, down 0.12 per cent over the previous week's 5.37 per cent. The inflation rate for the corresponding week during the ... More

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