The Hindu Business Line : Thursday, March 07, 2002

Finance Ministry move bursts dividend bubble
CORPORATES were surprised, some of them terribly upset, over the Finance Ministry's sudden move that has virtually scuttled their plans to offer their shareholders a `handsome' dividend. What surprised them is the sudden notice from stock ... More

Special cells to monitor transfer pricing planned
THE Government will set up special cells to look into any possible problems that could arise while implementing the transfer pricing legislation, the Revenue Secretary, Dr S. Narayan, has said. Responding to concerns of the US industry and the ... More

STATES

No agreement on loan for Kerala, says ADB
THE office of the India Resident Mission of Asian Development Bank (ADB) has said that there has been no agreement on a memorandum of understanding or policy matrix between ADB and the Kerala Government concerning the proposed public resource ... More

Will Jayalalithaa's deeds match her words?
MS JAYALALITHAA, who took over reins as Chief Minister of Tamil Nadu on March 2, has been given an enviable chance to not only pull the State out of the financial quicksands into which it has fallen, but also in ridding it of the stigma of poor ... More

CEA green signal for Almatti project
THE Central Electricity Authority (CEA) has given its techno-economic clearance for the 290-MW hydel project — Almatti in Karnataka. The project will be implemented by the Karnataka Power Corporation (KPC). The project had initially been ... More

Yarn-dyed fabric traders in TN protest Cenvat
It is said that while the handloom and powerloom weavers, especially those operating as job working units, are said to be still unaware of the implication of extension of excise duty to hank yarn, master weavers and major textile traders who place o rders for fabric manufacture are the worried lot. More

I-T extends date for filing Form 2C
THE Income-Tax Department, Chennai, has extended the date for filing of returns in Form 2C for the assessment year 2001-02 till March 31, 2002. The returns should have been otherwise filed on or before November 30, 2001, in respect of persons ... More

Dominique Lapierre's gesture
French author, Dominique Lapierre, along with his wife making a visit to Udayan, a home for destitute children near Kolkata, on Wednesday. The couple makes such visits every year as a goodwill ... More

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