The Hindu : Saturday, February 28, 2004

Online edition of India's National Newspaper
Saturday, February 28, 2004

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Government to cut duty on steel further
NEW DELHI, FEB. 27.Going beyond the earlier decision to reduce import duties on steel products and raw materials and modifying some export incentives in order to discourage steel exports, the Government today decided on further cuts in customs as ...

Share offerings have been successful, says Shourie
NEW DELHI, FEB. 27. The Government today described as successful the offers for sale of equity in five companies, including IBP and GAIL, with the Disinvestment Minister, Arun Shourie, declaring that all issues had been oversubscribed. "On the ...

HSBC awaits RBI nod
MUMBAI, FEB. 27. HSBC expects the approval of the Reserve Bank of India to purchase the 20.08 per cent stake in UTI Bank in a few weeks time. The Foreign Investment Promotion Board and the Securities and Exchange Board of India have already ...

FINANCIAL SCENE
Early disappointments on the IPO front
The Government as the issuer of shares has not been properly briefed about the vagaries of the market.

Other Stories

Rupee steady

Tata Sons keen on new partner for DTH venture

Sensex stages smart recovery

CII, Karachi Chamber sign MoU

HC stays SEBI provision on UIN

A data network that straddles earth and sky

Globalisation Index: India at bottom of the heap

Lahore Chamber calls for removing visa curbs

Barometer

Stock Market Index

Bullion rates

Exchange rates

Briefly
Consumer price index up
SHIMLA, FEB. 27. The all India consumer price index for industrial workers (base 1982-100) increased by two points to 504 in January, Labour Bureau sources here said. The index had decreased by one point in the same month last year, that is, ...

Security CD from Microsoft
NEW DELHI, FEB. 27. Microsoft Corporation India today announced the availability of a free Windows Security Update CD aimed at PC users running Windows operating system. A part of the Protect Your PC campaign, the Windows Security Update CD is ...

Fiscal deficit widens
NEW DELHI, FEB. 27. A whopping Rs. 36,000 crores surge in expenditures pushed the Central Government's fiscal deficit to over Rs. 100,000 crores till January despite buoyancy in tax collections. The fiscal deficit during April-January stood at ...

ADB's rupee bond issue
MUMBAI, FEB. 27. The Asian Development Bank's (ADB) debut issue of Indian rupee (INR) bonds in the domestic capital market today was oversubscribed by two times. The issue has a principal amount of Rs. 500 crores and a bullet maturity of ten ...

Other Stories

SIEMA to continue bulk purchase of pig iron

TCS to set up development centre

Dell introduces multimedia notebook PC

Fuller India changes name

AL launches ecomet range of vehicles

Vasavi Bank's revamp plan

Global Indian shopping festival 2004

Commodity exchange to include arecanut

Corporation Bank pact with New Holland

Bhoomi Pooja of Binary Homes

Dutch firm sets up centre

Orient Info to sign pact with Talisma