Fears of more Japan firms going bust pulls yen to two-month low The yen fell to two-month lows against the dollar on Tuesday, undermined by continued gloom about the sustainability of Japan's economic recovery and concerns about the health of the Japanese corporate sector. PNB net up 16 per cent to Rs 140 cr in first-quarter The Punjab National Bank (PNB) has clocked a net profit of Rs 140.46 crore during April-June 2000, up from Rs 121.14 crore in the corresponding period last year. Euro rises to 2-week high on higher ECB refinance rates The euro racked up two-week highs across the board on Tuesday buoyed as rates at the European Central Bank's (ECB) weekly refi auction came in just above expectations and by a softer tone for US stocks a day earlier. PMO relents on PSUs' telecom foray IDBI Bank Q1 net up 26% to Rs 12 cr Federal Bank Q1 net up 235% to Rs 14 crore EPF trust spikes ministry's directive to cut interest rate Executive briefing Market round-up Govt selling assets at throwaway prices, say LS members DoD clears 51% equity sale in Hindustan Insecticides India Syria to expand trade ties, to achieve $200m trade target NHPC in pact with banks for Rs 450cr loan PSU banks set NPA recovery target at Rs 10,000 crore Brazil opens gates for Indian pharma companies TNRSP awaits environmental clearance for northern corridor
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