Financial Daily from THE HINDU group of publications
Thursday, February 21, 2002
Forex Rates Feb. 20 (4.30 p.m. IST)
1 PoundRs 69.42
1 EuroRs 42.51
1 USDRs 48.57
100 YenRs 36.36
1 Sing $Rs 26.56

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FOREX


Rupee gains; gilts decline
MUMBAI: THE rupee closed stronger on Wednesday at around 48.62 to a dollar as against its previous close of 48.64/6450 in a lacklustre forex market. Opening the trade at levels of around 48.64, the rupee appreciated to levels of 48.61/62 on the ... More

GENERAL INSURANCE


PSU general insurers chart phased revamp
Besides aiming at a leaner structure, the revamp plan has been prepared to cut down the rising operational costs of the companies More

HDFC Standard launches personal pension product
HDFC Standard Life on Wednesday announced the launch of its personal pension plan, aimed at offering customers financial security after retirement. Addressing presspersons here today, the Managing Director and Chief Executive Officer, Mr Deepak ... More

FOREIGN DIRECT INVESTMENT


Foreign equity is 36 pc vis-à-vis cap of 49 pc -- Centurion weighs options on preferential allotment
NOT a week ago, Centurion Bank was wondering whether the 49 per cent cap on foreign direct investment would include the stake held by multilateral lending agencies such as the International Finance Corporation and the Asian Development ... More

HUMAN RESOURCES


Rewarding the women behind successful men!
COME April and the wives of a select lot of employees of United Bank of India (UBI) will receive awards from the bank management for the "excellent" work put in by their husbands. The awards will be presented at a function to be held in a ... More

SHORT TERM INSTRUMENTS


  • Moser Baer debt assigned `P1+'

    CREDIT CARDS & DEBIT CARDS


    J&K Bank Maestro deposit access
    NEW DELHI: Jammu and Kashmir Bank (J&K Bank) has launched the Maestro deposit access programme, MasterCard International's online PIN-based debit programme. J&K Bank Maestro debit cardholders will now be able to purchase goods and ... More

    TRADE & LABOUR UNIONS


    Corpn Bank inter-union row
    MANGALORE: Corporation Bank Officers' Organisation (CBOO), which has launched an agitation demanding a voluntary retirement scheme for officers, has accused another union — the Corporation Bank Employees' Union (CBEU) — of ... More
    Comments & Letters to the Editor to: bleditor@thehindu.co.in
  • Top Stories
    Pranab prescribes spending spree to spur demand


    SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'

    TRAI's green signal for Net telephony from April

    PSU general insurers chart phased revamp

    Farming technology fills in for child labour

    Reliance, Bharti among 5 to get letters of intent for ILD

    Unilateralism running amok -- Stop US before it wreaks havoc

    In Depth
    Inside Kashmir
    Guide to derivatives
    US-64
    Looking back
    Feb. 10-Feb. 16
    PSU insurers trim third-party cover

    ARCs: Answer to bank NPAs?

    LIC offers loan for NHDP at 100 basis pts over G-Sec rate

    Indo-US talks to block terror funds

    RBI approves ADR/GDR re-issue

    Leasing body working on common business code

    NBFCs diversify from niches

    SBI set to cut personal banking product rates

    LIC plans foray into Sri Lanka


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