The Telegraph - Calcutta : Business

| Monday, July 26, 2004 |

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Rush to quell panic over Global Trust

RBI top gun says curbs could be lifted earlier; Sebi moves to contain fallout on market

A day after declaring a three-month “moratorium” on Hyderabad-based Global Trust Bank, the government and banking authorities came out with a strong statement of comfort for deposit holders and other customers of the beleaguered bank by promisin ... | Read..

Banks line up equity buyback

Public sector banks plan to approach the United Progressive Alliance government with their equity buyback proposal. ... | Read..

Australian pact secures coal for SAIL

Steel Authority of India (SAIL) last week forged a deal that will help it procure coking coal from Australian mining maj ... | Read..

Tea firms upbeat on price recovery

The tea industry feels that the prices will recover in the current fiscal and companies will post better results. ... | Read..

Nokia takes a call on niche areas

Nokia India is positioning itself as a strategic player in the imaging, gaming and entertainment segments. With a drop i ... | Read..

Customers queue up in front of a Global Trust Bank branch in Mumbai on Sunday. (PTI)

Mortgage-backed securities lose sheen
Interest rate uncertainties have affected the securitisation plans of banks with new issues dry.. | Read..

National Jute Corp on arrear-clearance list
The department of public enterprises has asked the finance ministry to sanction funds to pay th.. | Read..

Last lunge for trade truce in Geneva

The World Trade Organisation (WTO) makes a final push this week to revive stalled free trade talks,.. | Read..

Logistics firms eye growth after quotas

Express and logistics companies plan to cash in on the post-quota regime, which will benefit the te.. | Read..

PC firms await clear duty rules

The computer industry hopes for some positive development on the duty front next week to relieve th.. | Read..

Gail cash for Bengal hunt

Gail (India) Limited and Russian gas major Gazprom will be investing $22 million in their hunt for .. | Read..

Lilly offers drug for osteoporosis

Eli Lilly, a global pharmaceuticals major,has recently launched Forteo, its osteoporosis (a bone di.. | Read..

CalTel capacity crunch sparks worry

Calcutta Telephones (CalTel) is concerned over capacity shortage as user base surges with one lakh .. | Read..

CORPORATE BRIEFS

Dabur Pharma plans sops

PERSONAL FINANCE

New frontier to cross

Loose Change

Q & A: Rebate roulette

Buses and trucks in top gear