Online edition of India's National Newspaper
Friday, July 11, 2003
Online edition of India's National Newspaper Friday, July 11, 2003 |
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Govt. clears sale of residual equity in 5 cos. NEW DELHI, JULY 10.In the wake of the hugely successful Maruti Udyog public issue, the Government today cleared sale of residual equity through the same route in CMC, IBP, Indian Petrochemicals Corporation Ltd. (IPCL), Videsh Sanchar Nigam Ltd. ... Infosys Q1 net at Rs. 278 cr. BANGALORE, JULY 10.Infosys Technologies has reported a 28.3 per cent growth (Indian GAAP) in net profit at Rs. 278.12 crores in the first quarter of the current financial year against Rs. 216.85 crores in the same quarter of the previous year. ... Bills to demutualise stock exchanges NEW DELHI, JULY 10.The Government today decided to correct the conflict of interest that arises from broker members managing stock exchanges by amending the Securities Contract (Regulation) Act, 1956 (SCRA) and the Depository Act, 1996. The ... NCAER revises economic growth upwards NEW DELHI, JULY 10.Based on the prospects of a good monsoon this year, the National Council of Applied Economic Research (NCAER) has revised upwards its growth projection for the Indian economy to 5.8 per cent from 5.6 per cent estimated in ... States may be allowed to levy service tax NEW DELHI, JULY 10. As the Centre is considering the enactment of a comprehensive service tax legislation soon, it is likely to permit the States to levy the service tax on local items after the introduction of value added tax (VAT). ... Other Stories
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