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03/03/2003 11:30AM

Mobil 1 Selected as Factory Fill for Porsche's Entree into the SUV Market; Porsche Cayenne Uses the World's Leading Synthetic Motor Oil

Mobil 1 provides a variety of performance benefits to the Cayenne. These include fuel economy, excellent oil flow characteristics and outstanding engine wear protection. Mobil 1 can operate in a temperature range from ...

03/03/2003 11:25AM

Fannie Mae Redemption

Fannie Mae will redeem the principal amount indicated of the following securities issues on the redemption date indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued ...

03/03/2003 11:15AM

Tohoku University Extends Investment in ISI Web of Science -- Acquires Complete Backfiles to 1945

Thomson ISI announced that Tohoku University has purchased all backfiles of ISI Web of Science(R)-- the powerful Web-based resource that enables users to search current and retrospective multidisciplinary information ...

28/02/2003 6:55PM

Reaction of Stephen Mathias, Resident Partner, Kochhar & Co. to the Union Budget 2003, with Reference to Information Technology Industry

The following are the key aspects of the tax proposals arising out of the Union Budget for the financial year 2003-04 in respect of the Information Technology Industry: 1. On the income tax front, the feared ...

28/02/2003 6:45PM

Reaction of Ravi Khanna, President and Managing Director Delphi India to the Union Budget 2003

The Finance Minister has presented a working plan not only to stimulate the economy but to offer sustenance to the aggregate demand. The automobile sector emerges as one of the key beneficiaries. The immediate boost ...

28/02/2003 5:40PM

Reaction of Arun Duggal, CFO, HCL Technologies to the Union Budget 2003

The restoration of tax holiday provisions under Sections 10 A, B is a positive move for the IT industry and reaffirms the government's commitment towards growing this sector. Tax neutrality for reorganization is ...

28/02/2003 5:10PM

Reaction of Srikant Illuri, CEO, Allied Domecq to the Union Budget 2003

The government is bound to reduce the customs duty on imported liquor as per the WTO regulations. Therefore, the reduction in customs duty from the prevailing 182 per cent to 166 per cent was expected. However, the ...

28/02/2003 4:40PM

Reaction of Vinnie Mehta, Executive Director, MAIT to the Union Budget 2003

1. The Union Budget 2003-04 is growth oriented. Focus on infrastructure spend, modernisation of ports, construction of new airports, simplification of procedures for exports and imports and reduction in transaction ...