Financial Daily from THE HINDU group of publications
Saturday, June 08, 2002
Markets (June 7)
BL 2501104.82 (-18.51)
BSE Sensex3217.76 (-41.55)
S&P CNX Nifty1048.80 (-15.55)
Dollar (Buy/Sell)48.98/49.11
Gold Std (10 gm)5390 (+40)

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DETAXFICATION


Rocking the boat
THE Illinois General Assembly's move to raise taxes on riverboat casinos from the present 35 per cent to 50 has caused waves. Though gambling dens are usually put on the same rung as tobacco or liquor — as ideal prospects to tax the ... More

VIEW POINT


Unwanted politicos
THE most important lesson to be learnt from the episode concerning the proposed VSNL investment in Tata Teleservices is that the Government has within its folds elements who are prepared to disturb the "reforms boat" to serve their own selfish ... More

EAR TO THE GROUND


Punjab Tractor up on stake sale talk
Punjab Tractor moved up on Friday on rumours that a local tractor company was eyeing the Punjab State Investment Development Corporation's (PSIDC) stake in the company. The stock ended the day at Rs 142.70 on the BSE, up almost 3 per cent and on ... More

ON THE HEDGE


Selling Satyam 240 call may be profitable
THE spot market ended Friday on a negative note as investors still seemed to be unsure on how the political scenario will evolve over the next few days. Traders who were long on put options would have seen their position gain value during the ... More

SENSOR


Profit-booking in technology, PSU stocks
AFTER lacklustre trading on Thursday, the 30-share Sensitive Index declined sharply by 41.55 points or 1.27 per cent to settle for the day at 3217.76 points. The uncertainty over the success of US efforts at mediating a solution in the Indo-Pak ... More
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Top Stories
Wipro plans new facilities in S-E Asia, Europe


KVB bonus, rights issues in July

TRAI favours low licence fee for `receive only' VSATs

BoI to cut 5,000 more jobs -- Second VRS in another 3 months

Indian promoters of pvt banks can hold 49 pc

India, Lanka open Nafta-type trade ties

In Depth
Gender Justice
Simple Economics
Guide to derivatives


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