The Hindu Business Line : Wednesday, March 19, 2003

FDI cap at 26 pc for news channels
THE Government has decided to cap foreign equity at 26 per cent for news channels uplinking from India, while allowing entertainment channels to have 100 per cent foreign investment. The Parliamentary Affairs Minister, Ms Sushma Swaraj, told ... More

Proportionate voting rights for investors in foreign banks
THE Union Cabinet has also decided that investors in foreign banks operating in India would get voting rights proportionate to the FDI in such banks. In his Budget speech, the Finance Minister, Mr Jaswant Singh, had announced that FDI cap in ... More

Waiting for recovery post-crisis?
IS crisis the best time for investment in equities? Seems so, going by past events. Over the last 14 years whenever there has been any major crisis - the Gulf War of 1990-91, South-East Asian Crisis in 1997 or the Kargil War - the equity ... More

Asian markets smile on Bush ultimatum
THOUGH war clouds are more visible with the American President, Mr George Bush, having given a 48-hour ultimatum to Mr Saddam Hussein to flee Iraq, the financial markets seem to think the situation is better than the continuing ... More

Kuwait Airways imposes fuel surcharge
EVEN before the first bombs are dropped on Iraq, the international aviation industry is being adversely hit. While some of them are working on alternative routes so as to ensure their aircraft are miles away from the conflict zone, others are ... More

No 'sticker shocks' for consumers this year
DON'T you get the feeling that the groceries bill has been making a bigger hole in your pocket every year, what with prices of stuff you buy regularly - like toothpaste or soap - climbing like Jack's beanstalk? Actually, a quick check of ... More