Online edition of India's National Newspaper
Thursday, June 03, 2004
Experts differ on privatisation of banks
WASHINGTON, JUNE 2.Experts at the International Monetary Fund are sharply divided whether privatisation of state-owned banks was advisable to improve efficiency or not, an IMF publication said in its latest issue. The difference of opinion came ...
Consolidation in mobile telephony to continue
MUMBAI, JUNE 2. The consolidation that commenced in the mobile telephony space less than a year ago, has gained momentum. While AT&T Wireless' sale of its stake in Idea Cellular to the Singapore Telecom-Malaysia Telekom combine marks its formal ...
Chidambaram's assurance to brokers
MUMBAI, JUNE 2.The Union Finance Minister, P. Chidambaram, who was here on a two-day visit, met officials of the Securities and Exchange Board of India including the SEBI Chairman, G. N. Bajpai, M. Damodaran, Chairman, Unit Trust of India, and ...
Banks cushioned against rate hike: Crisil
MUMBAI, JUNE 2.A study carried out by Credit Rating Information Services of India Limited (Crisil) says that collectively the scheduled commercial banks (SCBs) are comfortably capitalised in spite of the significant proportion of weak assets in ...
Honda to launch motorcycles
NEW DELHI, JUNE 2. Honda Motor Co. of Japan today renewed its equity and technical collaboration agreement with Hero Honda Motors and unfolded its own plans to soon launch a motorcycle in the volume-driven category through its wholly owned ...
Anti-dumping duty review
NEW DELHI, JUNE 2. India has initiated a mid-term review of the anti-dumping duty on imports of certain seamless grade alloy and non-alloy steel billets, bars and rounds from Russia, China and Ukraine. The Directorate General of Anti-dumping and ...
Samsung launches `IT Essentials'
BANGALORE, JUNE 2. Korean electronics goods maker Samsung Electronics' Indian arm, Samsung India Electronics, aims to grow `in value terms' by 30 per cent this year on its Rs. 4,000 crore income last fiscal. K. S. Kim, chief executive officer ...
Union Bank joins `Cash Tree'
COIMBATORE: Union Bank of India, with its ATMs in Coimbatore (Oppanakara Street and Gandhipuram), Coonoor, Tiruchirapalli, Karaikudi, Vellankanni, Kumbakonam, Thiruthangal and Watrap, has joined the Network Teller Machines under `Cash Tree'. ...
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