Financial Daily from THE HINDU group of publications
Wednesday, May 22, 2002
Markets (May 21)
BL 2501099.10 (-27.58)
BSE Sensex3186.53 (-96.28)
S&P CNX Nifty1049.20 (-25.15)
Dollar (Buy/Sell)48.95/49.08
Gold Std (10 gm)5235 (+55)

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Sensex down 96 points; gold zooms to new high
TENSIONS across India's border with Pakistan continued to drive stock values down on panic selling, pushing the benchmark indices down for the sixth session in a row. BSE Sensex fell to a six-month low of 3186.53 points, the previous low being ... More

Shyam Tele among 39 FDI cases cleared
SHYAM Telecom Ltd's proposal to induct Mauritius-based India Communications Global Partners as 10 per cent equityholder in the company involving a foreign direct investment (FDI) worth Rs 73.50 crore including premium was among the 39 FDI ... More

Security clearances hold up Bharti's ILD
ALTHOUGH Bharti Telesonic Ltd (BTSOL), the long-distance arm of the Bharti group, has finally signed an interconnect agreement with Bharat Sanchar Nigam Ltd (BSNL) for its international operations, it is still not ready to offer its services to ... More

MNC investment plans `drugged' in patents
MULTINATIONAL pharma companies have, in the past, insisted on a strong patent regime as a precursor to increasing investments in India. Have these companies set back their investment clocks by a couple of years, given the present avatar of ... More

Nocil shuts Thane petrochem unit
HAVING failed in its hunt for a partner to finance its modernisation plans, National Organic Chemical Industries Ltd (Nocil) has finally decided to close down its petrochemical unit at Thane. The petrochemical division employs around 1,275 ... More

Musical chair in Economic Ministries
THE fulcrum of the country's economic ministries, the Finance Ministry, is in for a root-and-branch restructuring very shortly with the imminent exit of the Secretary, Economic Affairs, Mr C.M. Vasudev, to a World Bank assignment. Government ... More


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Top Stories
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In Depth
Inside Kashmir
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US-64
Looking back
May. 12-May. 18
Bajaj Auto net soars to Rs 521 cr

`CAG audit failed to detect misuse of seamen fund'

Maintaining interest rate on deposits: Detail investment plan to justify 9.5 pc, EPFO told

Flex Industries imbroglio -- Opposition MPs bay for Sinha's blood

Gond used wife's cos to launder kickbacks

I-T benefit denied to BSNL, MTNL

HDFC net up 22.5 pc; to pay Rs 25 dividend

Tata's open offer for VSNL oversubscribed

Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share

Qatar Petro seeks nod for airline jt venture with Gesco, UB Air

Sinha denies links with Flex chief: `It was a routine, transparent transaction'

New licensing norms issued: Sharing of bandwidth for call centres allowed

Maruti: Govt assured of Rs 1,424 cr mop-up from public issue

No war — at least for now

Plea to remove farm sector from WTO purview

Urea policy approved: Net impact on industry at Rs 1,033 cr

`Third-party claim losses unsustainable': Oriental Insurance dives for cover

Vanishing cos: `DCA to go for hot pursuit'

`Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha


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