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Sunday, May 9, 1999

BPL net up 20%, to pay 60 pc
BPL has recommended a 60 per cent dividend for 1998-99 having registered a 19.75 per cent surge in its net profit during the year to Rs 102 crore as against Rs 85.57 crore recorded in the previous fiscal.

Govt may curb sugar imports
The Indian government was contemplating steps to curb rising sugar imports, food minister Surjit Singh Barnala said on Saturday.

GDRs rally, index rises 29%
The Indian global depository receipts (GDRs) rose smartly by 28.81 per cent to 800.77 points on heavy buying support by foreign institutional investors, recording highest ever rise during the week ended on May 6.



  Cheques & Balances
  Bizbits
  Rahejas buy Asianet
  Pak may accord MFN status to India
  NTPC to stop supply to 7 states
  NIIT to focus on US business
  Bleak outlook for gold prices
  Indian markets too subdued



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