Financial Daily from THE HINDU group of publications
Wednesday, July 03, 2002
Markets (July 2)
BL 2501141.33 (-2.77)
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Dollar (Buy/Sell)48.80/48.92
Gold Std (10 gm)5220 (+30)


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To begin talks with others — Haldia Petro rejects IOC demands
WITH talks between Haldia Petrochemicals Ltd (HPL) and the PSU oil major Indian Oil Corporation (IOC) breaking down, efforts are now on to start afresh the process of finding a strategic partner for the beleaguered company. Mr Das said that the ... More

Sinha bids adieu; Jaswant gets going
MR Yashwant Sinha, who had had one of the longest innings as Finance Minister, today bid goodbye to his senior officials with a gentle hint that there "maybe a little more of diplomacy in North Block and a little more of finance there" (South ... More

WorldCom paying some dues to VSNL
VIDESH Sanchar Nigam Ltd (VSNL) is getting a portion of its dues remitted from the beleaguered telecom company WorldCom. It is not known exactly how much VSNL is receiving, nor exactly how much it is owed, but part of the payment to be made by ... More

Coke joins Mac to serve a hot cuppa
COCA-COLA India is entering the hot beverages market for coffee and tea, taking on established players such as Hindustan Lever and the Tatas. The 25-year-old global hot beverage brand from the Coca-Cola portfolio, Georgia, will be made ... More

NRIs can repatriate more from Re funds
THE Reserve Bank of India on Tuesday enhanced limits for repatriation of funds by non-resident Indians (NRIs) and persons of Indian origin (PIOs) out of balances held in their non-resident ordinary rupee (NRO) account for purposes such as ... More

Soccer works magic for colour TV sales
THE `soccer fever' has brought in the `golden boot' not just for Brazil, but also for the colour television (CTV) players who are singing `un dous tres' all the way to the bank. The industry, which was just showing 10 to 15 per cent increase ... More

A rural pitch for the big brands
AT the village it is a magic show with a difference. Amidst the laughter of children, the magician breaks into the virtues of Tiger biscuits, sometimes even drawing them out of nowhere or making the packet disappear. This is Britannia at its ... More


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