Financial Daily from THE HINDU group of publications
Saturday, October 19, 2002
Markets (Oct. 18)
BL 2501044.68 (+5)
BSE Sensex3009.76 (+3.62)
S&P CNX Nifty971.65 (-1.65)
Dollar (Buy/Sell)48.36/48.49
Gold Std (10 gm)5150

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SEBI to look into plaint on open offer — Birlas mop up more L&T shares
THE Aditya Birla group has purchased 3.42 lakh shares, or 0.14 per cent of the equity capital, of Larsen and Toubro Ltd, from the open market even as the capital markets regulator, Securities and Exchange Board of India (SEBI), said it would look ... More

Marginal rise in Wipro Q2 net
VANASPATI-to-software maker Wipro Ltd, which is driven predominantly by its IT arm Wipro Technologies, earned a net profit of Rs 220 crore during the second quarter of the current fiscal against the corresponding period's Rs 217 crore. The profit ... More

FDI proposals stay uncleared
WITH the prolonged absence of the Commerce and Industry Minister, Mr Murasoli Maran, due to hospitalisation, clearances of foreign investment proposals have come to a standstill for over a month now. The last time the Ministry approved an FDI ... More

VSNL may get go-ahead for Tata Tele investment
NEARLY five months after being stopped from picking up stake in Tata TeleServices Ltd (TTSL), international long distance major Videsh Sanchar Nigam Ltd (VSNL) may finally get the green signal for its investment decision. According to DoT ... More

No consensus on fiscal issues
IT was billed as a historic day in the making. A day when the Union and State Governments would forge an agreement to swallow the bitter pill of reform measures in the overall interest of fiscal consolidation. However, there was hardly anything ... More

Hero Honda Q2 net up 42 pc on higher sales
EFFECTIVE cost control, increased sales and better margins have fuelled Hero Honda Motors Ltd's net profit in the second quarter this fiscal by 42.2 per cent to Rs 139.84 crore compared to Rs 98.34 crore in the corresponding quarter last ... More

Corporates take a fancy to foreign interns
MILANIE, a German MBA student, and Chulgi Hong, a Korean student, are among the 30 young foreigners who are helping Indian companies here market products in the countries of their origin. Some of them also double up as their countries' cultural ... More


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