Financial Daily from THE HINDU group of publications
Wednesday, December 14, 2005
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Financial Daily from THE HINDU group of publications Wednesday, December 14, 2005 |
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MONEY & BANKING FOREX Getting forex made easier GETTING foreign exchange for a holiday or business trip, medical treatment or fees for an overseas competitive examination may become easier thanks to the recommendations of a group set up by the Reserve Bank of India. In order to make foreign ... More
Rupee gains; bonds flat INSURANCE 
BPOs set to capture $11-b insurance revenues: NasscomTHE slow off-take of outsourcing in the insurance domain notwithstanding, the competitive pressure is driving the sector towards higher level of outsourcing adoption now. This has opened up for the BPO service providers an opportunity to capture ... More STOCKS OBC decides to extinguish GTB shares on SEBI advice SEE, I will be very honest. GTB (Global Trust Bank) has become history. This company doesn't exist anymore. So, the share certificate today is as good as a toilet paper." This is what Mr B.D. Narang, the then Chairman and Managing Director of ... More GENERAL INSURANCE 570 flood-hit cars in Mumbai await repairs — Insurance surveyors suggest exchange offer FIVE-and-a half months since floods struck Mumbai and there are still some 570 cars yet to get repaired. The tally of damaged cars awaiting attention is 300 Honda, 173 Mercedes and 100 Toyota vehicles. Mr Mahendra Dhruva, National President, ... More FINANCIAL POLICY Parliament panel gives nod to lift voting right cap in private banks — Banks also allowed to issue preference shares SIGNALLING a fresh round of liberalisation in the banking sector, a Parliamentary Standing Committee has given its go-ahead to remove the 10 per cent voting right cap on shareholders of private sector banks thereby paving the way for permitting ... More PRIVATE BANKS New product from ING Vysya Bank ING Vysya Bank has launched an `Advantage Current Account' for mid-sized businesses. A bank release said here on Tuesday that the product is meant for traders in semi-urban and urban centres. It is also targeted at metro-based customers, who ... More PUBLIC SECTOR BANKS Clause 49 compliance not a bother for PSBs WHILE many public sector undertakings are said to be struggling to comply with the board composition requirements under revised Clause 49 of the listing agreement, an important segment of listed state-owned entities — the public sector ... More
SBT branches feted INTEREST RATES Fed funds: Upward march will continue Inflation risk will surely drive interest rates and monetary policy, not only in the US, but also the world over. More GOVT BONDS Arrangements in place for smooth redemption of IMDs THE Reserve Bank of India, in co-ordination with the State Bank of India, has made necessary arrangements for the redemption of the India Millennium Deposits (IMDs). "Appropriate preparations and arrangements have been made to ensure that the ... More OVERSEAS INVESTMENTS 
Six banks vie for three Singapore licencesIN what is said to be "nothing more than an understanding" under the rubric of the Comprehensive Economic Cooperation Agreement between India and Singapore, three banks from each country will be given full-fledged banking licences in the other. ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Focus Trends in IT - 2005 FDI in retail sector Indian Aviation: Sky is the limit India Inc's bonus bonanza India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Dec. 4-Dec. 10 Bonds remain firm on softening crude rates Crop cover: Satellite images to assess claim payouts Is multiple floor rates the remedy? Caution marks banking deals with Pakistan SBI upgrades plan to roll out ATMs — We expect explosive growth on this front: Purwar Forex reserves rise $921 m IRDA plans third-party risk pool for motor insurance |
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