Financial Express - India's leading business newspaper from the Indian Express Group

`A' group shares lose Rs 33,436 cr in 3 months

The aggregate market capitalisation of the BSE's 'A' group shares has declined by a whopping Rs 33,436 crore in a span of three months, from Rs 5,32,793 crore as on June 30, 2000, to Rs 4,99,357 crore as on September 25, 2000.

VSNL to invest Rs 1,500 cr in NLD

VSNL, the country's exclusive provider of international telephony and the premier Internet service provider, proposes to invest Rs 1,500 crore on its national long-distance (NLD) project.

Centre in a bind over petro dealers'demand for percentage commission

Even as the government is grappling with the oil price hike issue, another crisis is brewing on the petroleum dealers' front, who want oil companies to pay them a commission on percentage basis of petrol and diesel prices.

NCR Corp aims top slot in Indian data warehousing

The $6-billion financial solutions major, NCR Corporation, has identified India as one of the five major countries having the biggest growth potential in the world for data warehousing.

Canada Life JV to apply for insurance licence

Ending all speculation, Canada Life Financial Corporation has finally announced that Canada Life Assurance Company, Centurion Bank, TCFC Finance of Mumbai and the ARDEE group of New Delhi have registered a new joint venture company named Canada Life Centurion Assurance Company in India.