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GDP growth set to slump to 4.4 p.c.
NEW DELHI, FEB. 7.The growth rate of the Indian economy is all set to slump to 4.4 per cent in the current fiscal year which, incidentally, is the first year of the Tenth Plan. This Plan has set a target of 8 per cent growth in every year of its ...
Sensex slips 26 points
MUMBAI, FEB. 7. Equities, led by Reliance, declined sharply on heavy profit booking by local operators and institutional investors on the Bombay Stock Exchange pushing the Sensex down by 26 points to close below the 3300 mark today. The 30 ...
Govt., CII initiative to boost outsourcing opportunities
NEW DELHI, FEB. 7. The Union Government and the Confederation of Indian Industry (CII) should jointly work together to target foreign manufacturing companies with the objective of substantially increasing the outsourcing requirements of these ...
Govt invites bids for 34 p.c. stake in HPCL
NEW DELHI, FEB. 7.Kicking off the disinvestment process in the two oil PSEs, the Governent today invited initial bids for sale of 34 per cent stake in the oil marketing major Hindustan Petroleum Limited (HPCL). The invitation of expression of ...
Other Stories

  • Top-level appointments at AT Kearney
  • Siemens' aggressive plans
  • Canara Bank plans Rs. 500 cr. bond issue
  • Efforts to expand oil and gas exploration
  • TVS Motor rolls out new models


    Barometer
  • Stock Market Index
  • Exchange rates
  • Bullion rates


    Monitor
  • Ashok Leyland Jan sales up 49.3 p.c.
  • Ford India sales double
  • FAL sales at Rs. 54 cr.
  • ISO 9001 for Carton Creations
  • Bupathy new ICAI President


    News Analysis
    FINANCIAL SCENE
    New beneficial tool for corporate restructuring
    By C. R. L. Narasimhan

    In the highly surcharged atmosphere characterised by rising concerns over NPAs on the one hand and the conferment of unprecedented powers on the lenders, the corporate debt restructuring scheme appears to be an excellent via media.

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