Online edition of India's National Newspaper
Saturday, June 05, 2004
Science & Tech
Industrialists seek reduction in corporate tax rates
NEW DELHI, JUNE 4.Indian industry almost in an unanimous voice today urged the Union Finance Minister, P. Chidambaram, to increase the income tax slabs and reduce rates to those prevailing in the ASEAN region while doing away with exemptions as ...
Messages from stock market's recent behaviour
Idea evinces interest in Aircel
NEW DELHI, JUNE 4.Even as the acquisition of AT&T's stake in the mobile operator, Idea Cellular, by the Singapore Technologies Telemedia (STT) and Telekom Malaysia combine is being finalised, there are reports that Idea is likely to acquire ...
Larsen & Toubro net profit at Rs. 533 cr.
MUMBAI, JUNE 4.Larsen & Toubro (L&T) has announced a net profit of Rs. 532.75 crores for the year ended March 2004 against Rs. 433.10 crores in the previous year on gross sales of Rs. 9,806.76 crores (Rs. 9,869.83 crores). The directors of the ...
Sensex gains 71 points
MUMBAI, JUNE 4. Stocks recovered their initial losses and select blue-chips even posted handsome gains, lifting the Sensex by 71 points at close on Bombay Stock Exchange on Friday on late shortcovering by operators and fresh purchases by foreign ...
Rupee gains 12 paise
MUMBAI, JUNE 4. Spurred by robust trade and portfolio investment inflows, the rupee today scaled a new 25-day closing peak of Rs 45.12/13 a dollar and extended gains for the fifth straight session, as sentiment remained upbeat for further ...
Dividend norms for PDs
MUMBAI, JUNE 4.After capping the dividend payout ratio for banks, the Reserve Bank of India has revised the norms for primary dealers (PDs) and decided that they could declare a maximum dividend of 50 per cent subject to fulfilling certain norms. ...
Astra to buy remaining stake in Astrazeneca
NEW DELHI, JUNE 4.Astra Pharmaceutical will buy out the remaining less than 10 per cent stake in its local arm Astrazeneca Pharma India by next year following approval from the Foreign Investment Promotion Board. Astra Pharmaceutical, which ...
SEBI grants NTPC exemption
NEW DELHI, JUNE 4.The National Thermal Power Corporation is understood to have secured an exemption from the market regulator, Securities and Exchange Board of India, for 5 per cent public issue of shares, paving the way for an IPO later this ...
AMD launches 4 new processors
NEW DELHI: Microprocessor manufacturer, AMD, has launched four new processors in the award-winning AMD Athlon 64 processor family featuring the exclusive "Enhanced Virus Protection" (EVP) capability for desktop and mobile computing when enabled ...
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