Online edition of India's National Newspaper
Friday, August 01, 2003
Online edition of India's National Newspaper Friday, August 01, 2003 |
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A new class of companies suggestedNEW DELHI, JUL 31.The Naresh Chandra Committee has suggested the creation of a new category of companies called `small private companies' (SPC), a new law to enable professionals to form limited liability partnerships, and far-reaching amendments ... Reliance posts 20 p.c. rise in net profit MUMBAI, JULY 31. Reliance Industries has posted a 20 per cent rise in its net profit at Rs. 1,104 crores for the first quarter ended June 30, 2003, against Rs. 918 crores in the same period of the previous year. The turnover increased by 17 per ... ASCON survey sees revival in manufacturing NEW DELHI, JULY 31.The continuity in the revival and growth of the manufacturing sector of the Indian economy in the first quarter of the current fiscal is clearly borne out by the productions trends, the Confederation of Indian Industries said ... Late selling prunes market gains MUMBAI, JULY 31.Despite encouraging results by Reliance Industries and Hindustan Lever, select blue chip stocks met with a strong resistance after an initial upsurge and prevented the Sensex from closing past the 3800 mark on the Bombay Stock ... Month-end dollar demand weakens rupee MUMBAI, JULY 31.The rupee weakened against the U.S. currency on Thursday due to bunched up month-end dollar demand from corporates and importers in generally quiet and range-bound trade at the interbank foreign exchange market. Opening softer ... Centre's fiscal deficit under check NEW DELHI, JULY 31.Despite a dip in revenue receipts, the Central Government's fiscal deficit in the first quarter of the current fiscal is estimated to be Rs. 38,608 crores, which works out to 25.1 per cent of the annual target of Rs. 153,637 ... Other Stories
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