Financial Daily from THE HINDU group of publications
Friday, March 29, 2002
Markets (March 28)
BL 2501125.86 (+7.46)
BSE Sensex3469.35 (+10.27)
S&P CNX Nifty1129.55 (+6.20)
Dollar (Buy/Sell)48.76/48.89
Gold Std (10 gm)5010 (+60)

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PSU stocks ride high on HZL divestment
STOCKS of almost all public sector undertakings rose on Thursday, the last trading day of the current fiscal, over the sale of the Government stake in Hindustan Zinc Ltd. Among the stocks that were in the limelight were BHEL, BPCL, IOC, IPCL, ... More

Daewoo India mulls contract manufacturing
FACED with the prospect of not being part of the global sale of Daewoo Motor Corporation's assets to General Motors, Daewoo Motor India Ltd (DMIL), the majority-owned subsidiary of the bankrupt Korean automobile company, is mulling entering into ... More

9-group norm for urea retention price proposed
THE proposal to introduce a Group Concession Scheme (GCS) for indigenous urea plants to replace the existing unit-wise retention price-cum-subsidy (RPS) scheme is slated to undergo significant modification, with the Department of Fertilisers ... More

Naik to take up petroleum product pricing with Sinha
THE Petroleum Minister, Mr Ram Naik, on Thursday indicated that he would be taking up the issue of fiscal intervention with the Finance Minister so as to ensure that the existing price levels of kerosene, LPG, diesel and petrol were maintained. ... More

Govt inclined towards softer rates: Sinha
THE Finance Minister, Mr Yashwant Sinha, has said that the Government will continue to maintain its bias towards a softer interest rate regime. Welcoming the 50 basis points cut in prime lending rate announced by State Bank of India (SBI), Mr ... More

Sony bags TV rights for cricket World Cup
IN the biggest-ever broadcast licensing deal in cricket, Sony Entertainment Television (SET) has acquired the exclusive cable and satellite TV rights for live telecast of ICC Cricket Tournaments to be held from 2002 to 2007. These rights for ... More

RPL signs deals with oil PSUs
RELIANCE Petroleum Ltd (RPL) today signed individual two-year contracts with Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Ltd (HPCL) and Bharat Petroleum Corporation Ltd (BPCL) to sell around 13.1 million tonnes of products per ... More

Creeping limit period extended
THE Securities and Exchange Board of India (SEBI) has decided to continue with the ten per cent creeping acquisition limit for another six months, up to September 30, 2002. The creeping acquisition limit provided under Regulation 11(1) of the ... More


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Top Stories
TN chicken farmers ready retail outlet plans


Now, it's contract hiring of skills

New circuit breaker system on SEs from Monday

Sony bags TV rights for cricket World Cup

Accounting for every minute at work, the O&M way

SBI housing loans likely to be cheaper

Sharp drop in FI disbursements

Karnataka set to do a Kerala in tourism

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Mar. 17-Mar. 23
LPG price hike cut by half

Economy in for better days: Sinha

MTNL to invest Rs 300 cr in ITI -- Deal may prove a win-win for both

Indian Bank recap may come with riders

Free market throws up new equations -- Essar offers to market Reliance petro products

Motor insurance set to rise sharply

Jalan puts growth rate at 6-6.5%

Here's a surprise: Pay sites are paying off!

Mobile prices slashed

PDS grain prices to be cut further

Bid to rejig manufacturing processes -- Production stopped at one Maruti unit

Restraint against joining proceedings in US -- Dabhol lenders get HC reprieve

English movie channels bask in Oscar glory

Sinha hints at further rollback

Dabhol lenders may recall loans


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