The Hindu Business Line : Saturday, October 12, 2002

PSU open offers only at strategic buyer's bid price — Ministry moves SEBI for review of norms
Though the six-monthly average criteria is not a problem per se with the Disinvestment Ministry as the price bid invitation dates are not announced at the start of the process, it sees the new past two weeks' average criteria as holding seriou s portents for the disinvestment process. More

Sensex up 26 as tech stocks rise
INFOSYS quarterly results and fresh guidance by the company suggesting an improved outlook boosted market sentiment, today, sending the Sensex above 3,000 points in early trading. During the day, there was across-the-board buying in most of ... More

Carmakers seek 50 pc excise duty cut
DOMESTIC passenger car manufacturers have pitched for a cut in excise duty rate from the existing 32 per cent to 16 per cent despite the recent surge in sales. The case for an excise duty cut in the next budget was made out by the Society of ... More

Ex-CSE official, badla player interrogated
THE Kolkata police seem to be zeroing in on a former top executive of the Calcutta Stock Exchange (CSE) and a leading badla player in their latest round of investigation. Mr Soumen Mitra, Deputy Commissioner (Detective Department), told ... More

ONGC-MRPL deal to be reviewed
THE Government is set to review the proposed acquisition of Mangalore Refineries and Petrochemicals Ltd (MRPL) by Oil and Natural Gas Corporation (ONGC). According to officials, the Finance Ministry has sought clearance of ONGC's investment ... More

Want 2 win TV Qz? Jus' SMS
SHORT messaging service (SMS) through mobile phones is fast becoming a unique marketing platform for media companies. Apart from being affordable, easy-to-use and personalised, SMS is also immensely popular among mobile phone users, especially ... More

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