Financial Daily from THE HINDU group of publications
Friday, December 13, 2002
Markets (Dec. 12)
BL 2501113.98 (-4.69)
BSE Sensex3324.48 (+21.21)
S&P CNX Nifty1077 (+7.25)
Dollar (Buy/Sell)48.14/48.17
Gold Std (10 gm)5340 (+40)

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BSE reserves may go to new entity, not Govt kitty
THE Government has taken the view that the reserves and surplus built up by the Bombay Stock Exchange (BSE) should be transferred to the proposed corporatised entity. According to senior Finance Ministry officials, the Government had decided ... More

Ministry told to file report on Centaur
IN yet another twist to the sale of Centaur Airport Hotel in Mumbai, the Ministry of Civil Aviation (MoCA) has been asked to submit to the Standing Committee of Parliament a report on the sale. Official sources, while confirming the ... More

Industrial output up 6.2 pc in Oct
THE noticeable revival in industrial activity during the first half of the current fiscal seems to be continuing in the second half as well, with the industry registering a 6.2 per cent growth during October. The 6.2 per cent year-on-year rise ... More

`High taxes' may see GE Shipping flag out
INDIA'S largest private sector ship operator, Great Eastern Shipping Company, is thinking of flagging its fleet out of the Indian registry, according to Mr K.M. Sheth, Executive Chairman of the company. "We are seriously considering flagging ... More

CDC proposal for cement biz pending since July: L&T
LARSEN & Toubro (L&T) on Thursday said CDC Capital Partners' investment proposal for its cement division had been under discussion since this July, and that it had been in dialogue with several prospective investors since September 2001 to secure ... More

Grasim: SEBI probe to be over in 2 months
THE Securities and Exchange Board of India (SEBI) hopes to complete within the next two months its investigation into the alleged violation of takeover code by A.V. Birla Group company, Grasim Industries Ltd while buying the shares of Larsen & ... More

All-in-one complex is in thing
WALK into a hip plaza. Grab a bite, catch a film or just window shop. The concept of hanging out is changing thanks to the entertainment centres mushrooming around the country. So, you now have Essel Group's E-City Entertainment (I) Pvt Ltd, ... More


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