The Hindu : Tuesday, April 30, 2002

Online edition of India's National Newspaper
Tuesday, April 30, 2002

Business

News
Front Page
National
Regional:
• Southern States
• Other States
International
Opinion
Business
Sport
Miscellaneous

Index

Events 2001

Features:

Life
Magazine
Literary Review

Metro Plus
Business

Open Page

Education

Book Review
SciTech
Entertainment
Young World
Quest
Folio

Stocks
Quotes
SE Diary

Advts
Classifieds
Employment
Obituary

Archives
Yesterday's Issue
Datewise

Group Sites
The Hindu
Business Line
The Sportstar
Frontline

Home

CSO puts growth at 5.4 p.c. in 2001-02
MUMBAI, APRIL 29. The real gross domestic product (GDP), according to advance estimates of Central Statistical Organisation, is likely to have recovered to 5.4 per cent in 2001-02 from 4 per cent in the previous fiscal, the Reserve Bank of India ...

IPCL financial bids submitted
NEW DELHI, APRIL 29. The public sector Indian Oil Corporation (IOC), Reliance Industries (RIL), and Nirma Industries have submitted price bids for purchase of equity in the Indian Petrochemicals Corporation (IPCL). The bids will now be considered ...

Banks urged to review spreads over the PLR
MUMBAI, APRIL 29.The Reserve Bank of India today urged the banks to review the present maximum spreads over their Prime Lending Rate (PLR) and reduce them wherever they are unreasonably high so that credit may be available to borrowers at ...

ONGC becomes debt-free company
NEW DELHI, APRIL 29. The public sector Oil and Natural Gas Corporation (ONGC) will become a debt-free corporate by July this year. It plans to prepay its existing debt and convert itself into a zero debt ...

BEL turnover up
BANGALORE APRIL 29. Bharat Electronics (BEL) recorded a 13 per cent increase in turnover at Rs.1,939 crores for the year ended March 31, 2002. BEL's profit before tax was Rs. 283 crores, a 28.6 per cent rise over the previous year's Rs. 220 ...