The Hindu : Wednesday, July 10, 2002

Online edition of India's National Newspaper
Wednesday, July 10, 2002

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RPL violated Companies Act — DCA
NEW DELHI, JULY 9.The Department of Company Affairs has detected that Reliance Petroleum Limited (RPL) violated the companies Act by not circulating information about dealings in shares of Reliance Industries Limited (RIL) and another group ...

ADs can open term deposit a/c
MUMBAI, JULY 9. The Reserve Bank of India has decided to permit authorised dealers (ADs) to open term deposit account for a period not exceeding six months as against the earlier norm of three months in favour of a branch or office of a person ...

HDFC reports Rs. 67.50 cr. unclaimed deposits
MUMBAI, JULY 9. Housing Development Finance Corporation (HDFC) has reported unclaimed deposits to the tune of Rs. 67.50 crores for the year ended March 31, 2002. Since then, 6,084 depositors have claimed or renewed deposits of Rs. 26.27 ...

Tata Power to raise capital
MUMBAI, JULY 9. The power utility company Tata Power Company is planning to raise Rs. 5,400 crores for its future projects and will seek shareholders approval for the same. The company will move the enabling resolution at the annual meeting to ...