Financial Daily from THE HINDU group of publications
Tuesday, November 26, 2002
Markets (Nov. 25)
BL 2501072.64 (+7.89)
BSE Sensex3175.56 (+33.95)
S&P CNX Nifty1026.20 (+6.05)
Dollar (Buy/Sell)48.16/48.29
Gold Std (10 gm)5245 (+35)

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High volumes worry L&T
LARSEN & Toubro has said it is "concerned with the volume of transactions in the company's equity shares taking place during the last few days...'' It said this in a notice to NSE today. Traded volumes in the company's shares on NSE rose from ... More

IA, Jet hike special scheme fares
THE domestic airlines - - Indian Airlines (IA) and Jet Airways (JA) - - today announced a hike of about 10 per cent in fares applicable under the Apex and Everyone Can Fly schemes. The revised fares come into effect from December ... More

SEBI empowered to call for probe records
THE Government has proposed to empower the Securities and Exchange Board of India (SEBI) to call for information and records of any transaction in securities which are under investigation, from any bank or authority, or board or corporation, ... More

Mediclaims: Insured but not assured
WHEN Mr Navin Patel suddenly took ill while on a trip to Australia, the hospital declined to accept his medical insurance saying it was not valid. His family had to pay the prohibitive cost of medical tests and hospitalisation abroad despite his ... More

CNBC India shifts to Zee-Turner co
TELEVISION Eighteen (TV 18) India Ltd-promoted CNBC India is switching sides. The business news channel, which is currently being distributed by SET (Sony Entertainment Television)/ Discovery Alliance One is set to move to the Zee-Turner joint ... More

ONGC, Reliance bag most oil blocks; sugar buffer okayed
OIL and Natural Gas Corporation (ONGC) and Reliance Industries Ltd (RIL) have bagged 22 out of the 23 oil and gas blocks for which bids were received under the third round of the Government's New Exploration Licensing Policy. The Cabinet ... More

Yahoo India CEO quits
INTERNET services company, Yahoo Inc., is restructuring its Indian operations. The CEO of Yahoo India, Mr Deepak Chandnani, is leaving the company for "personal reasons" and a new CEO will be announced by the end of the week. Industry sources ... More


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