Financial Daily from THE HINDU group of publications
Saturday, March 02, 2002
Markets (March 1)
BL 2501132.43 (+38.15)
BSE Sensex3678.75 (+116.44)
S&P CNX Nifty1178 (+35.95)
Dollar (Buy/Sell)48.67/48.80

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Reliance Industries, RPL to be merged
THE Reliance group today announced the merger of its two flagship companies to create a Rs 65,000-crore (approximately) integrated giant in the oil refining, petrochemicals and textiles sector. The group said it would merge Reliance Petroleum Ltd ... More

RPL-RIL merger: Excellent synergies, smart timing?
IT is a behemoth that was long in the making. Given the evolutionary history of the Reliance group, the proposed merger of Reliance Petroleum with Reliance Industries will not surprise company watchers. Reliance Industries as we know it today ... More

Cos queue up to declare dividends -- Promoters, institutions to benefit
THE proposed removal of regime of benevolent tax treatment of dividends has had a predictable response from the corporate sector. Companies have queued up to declare interim dividends to ensure that shareholders get the benefit of the existing ... More

Stocks ride high
STOCKS across-the-board recouped from Thursday's fall as the sentiment in the market improved following the Finance Minister's clarifications on certain Budget proposals today. The rise was also on account of short covering. The beginning of ... More

Pension sector under IRDA purview
THE insurance sector regulator, Insurance Regulatory Development Authority (IRDA), is set to be designated as the new regulator for the pension sector also. Apart from the proposal to mandate IRDA, the Finance Ministry will also take up for ... More

A forgettable day for Gujarat businesses
FOR Gujarat, particularly its business capital of Ahmedabad, it was an eminently forgettable day as the carnage of Thursday spilled over into mayhem and chaos on Friday. Business was virtually non-existent as a majority of industrial units ... More


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Sinha `scraps' milk shed concept


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Reliance Industries, RPL to be merged

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Feb. 17-Feb. 23
49 pc cap for foreign investment in pvt banks

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Bharti to peg ILD rates 50% cheaper than VSNL

DCA tightens norms on loans to directors

`Landless rich' knock more on SBI doors

PMO okays 26 pc FDI in periodicals -- Dailies spared; 100% in advt proposed

SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'

Reliance, Bharti among 5 to get letters of intent for ILD

State guarantees not final word: RBI

STD rate cut: BSNL shoots itself in the foot

Dairy controls to go

Cabinet clears big-ticket labour reforms

Watch out when you buy that Crocin!


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