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INTERNATIONAL
ASEAN ministers keen on bridging economic divide
Siem Reap: Association of Southeast Asian Nations (ASEAN) economic ministers hunkered down on Thursday to fine tune initiatives to expand trade links beyond the politically volatile region and on bridging the economic divide among its 10 members.
NATIONAL
ICICI’s net profit registers a 55 per cent fall
Mumbai: Badly shaken out by environmental constraints and depressed capital markets, the country's premier financial institution ICICI limited's has recorded sharp decline of 55.47 per cent in its net profit during the financial year (FY) ended March 31, 2001.
Pay order scam: Parekh remanded till May 9
Mumbai: Controversial stock broker Ketan Parekh, his brother Kartik Parekh and branch manager of Madhavpura Mercantile Cooperative Bank (MMCB) J B Pandya, prime accused in the Rs 1.37 billion Bank of India pay order scam, were remanded in judicial custody till May 9 by the designated special Central Bureau of Investigation (CBI) court on Thursday.
Sensex dips prior to SEBI meet on forward trading
Bombay: Share prices on the Bombay Stock Exchange (BSE) closed sharply lower on Thursday, ahead of a weekend meeting by the stock market regulator to discuss new regulations on carry forward trade.
INTUC hints at early settlement of BALCO dispute
New Delhi: The Indian National Trade Union Congress (INTUC) on Thursday indicated the possibility of an early settlement of the BALCO dispute saying the matter could be resolved if the Sterlite management of the Aluminium major assured the workers that there would be no retrenchment for the next 10 years.
Sinha confident of stronger Indo-US ties
New Delhi: Indian Finance Minister Yashwant Sinha said on Thursday that he was hopeful the United States would soon lift economic sanctions against India to strengthen bilateral trade.
'WTO must address concerns of developing nation'
New Delhi: India is not opposed to the launch of a new round at World Trade Organisation (WTO) provided its concerns and those of other developing countries are taken care of, Finance Minister Yashwant Sinha said on Thursday.
Kale signs multi mn deal with Asiana Airlines
Mumbai: Kale Consultants Ltd, a leading developer of software products for airline and banking industries on Thursday signed a multi million dollar deal with the Seoul based Asiana Airlines for its Cargo products and services.
Pak govt clears Indian businessmen’s visit
Islamabad: The Pakistan government has cleared the visit of a team of Indian businessmen on the invitation of their Pakistani counterparts.
BSE received 1,350 complaints in April
Mumbai: The Bombay Stock Exchange (BSE) has received 1,350 complaints from investors against 558 listed companies during the month of April 2001. The 1,817 complaints, including those brought forward from the previous periods, were resolved.
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