Financial Daily from THE HINDU group of publications
Wednesday, June 26, 2002
Markets (June 25)
BL 2501125.72 (-4.17)
BSE Sensex3214.34 (-17.28)
S&P CNX Nifty1055.40 (-6.45)
Dollar (Buy/Sell)48.86/48.99
Gold Std (10 gm)5325 (-15)

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Dhirubhai Ambani in critical condition
MR Dhirubhai Ambani, founder and Chairman of the Reliance group, is in a critical condition following a stroke he suffered late Monday night. Until the time of this paper going to press, his condition was unchanged. He was admitted to Breach ... More

Reliance group stocks under selling pressure
THE stock prices of Reliance group companies — Reliance Industries (RIL), Reliance Petroleum Ltd (RPL), Reliance Capital and Reliance Industrial & Infrastructure — came under selling pressure in today's trading following the ... More

Govt allows FDI in print media
IN a historic decision, the Union Cabinet today lifted the nearly 50-year-old ban on foreign investment in the print media. It allowed 26 per cent Foreign Direct Investment (FDI) in news and current affairs publications and 74 per cent foreign ... More

100 pc FDI in tea plantations okayed
THE Union Cabinet on Tuesday approved a proposal to allow foreign direct investment (FDI) up to 100 per cent in the tea sector, following the recommendations of the Group of Ministers (GoM) early this month. The decision to permit FDI up to 100 ... More

Hind Lever to gain
THE Union Cabinet's decision allowing 100 per cent foreign direct investment (FDI) in tea plantation could well pave the way for Hindustan Lever Ltd (HLL) to increase foreign institutional investment in the company from 24 per cent to 49 per ... More

Brand rate of drawback for exporters simplified
IN an export friendly move, the Finance Ministry has announced a revised simplified scheme for fixation of brand rate of duty drawback effective July 1. The revised scheme has dispensed with the need for pre-verification of the data by the ... More


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In Depth
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Looking back
Jun. 16-Jun. 22
Infrastructure projects: Talks soon with ADB, World Bank for $2-b loan

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Export growth rate set at 12 per cent

Pick-up in non-food credit — Economy on revival path?

ING offers Rs 341 cr to hike Vysya stake to 44% — Deal with GMR at 98 pc over market price


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