Financial Daily from THE HINDU group of publications
Tuesday, December 17, 2002
Markets (Dec. 16)
BL 2501116.60 (-6.20)
BSE Sensex3328.39 (-14.58)
S&P CNX Nifty1078.45 (-7.75)
Dollar (Buy/Sell)48.10/48.23
Gold Std (10 gm)5435 (-15)

Petrotech-2003
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DoT extends the call for village phones
IN yet another flip-flop in decision making, giving in to pressure from the private basic operators, the Department of Telecommunications (DoT) has "reluctantly" agreed to extend the deadline for fulfilling their village telephony targets by a ... More

Modi euphoria fails to sustain market
AFTER the initial euphoria over the BJP's victory in Gujarat, which took the Sensex up in the morning, the market later gave way to profit taking. The market displayed some amount of volatility as stocks slipped in the second-half of the ... More

Polaris chief held in Jakarta — Business trip goes sour
THE city-based Polaris Software Laboratories Ltd today said that its Chairman and Managing Director and CEO, Mr Arun Jain, had been held against his will by the police in Jakarta, Indonesia. In a statement, the company said that Mr Jain had ... More

Project investments above Rs 100 cr — New board for quicker approvals
For cases involving excessive delays in approvals, IIFB is to refer them to a Group of Ministers, which will take them up for resolution. More

IA takes off with `Bid & fly'
ARE you the kind who wants to have fun on the Net and also travel the extensive domestic network of Indian Airlines, and that too, at reduced rates? If you are, then your prayers may just have been answered. IA has tied up with Indiatimes to ... More

StanChart to pick up stake in Idea Cellular
STANDARD Chartered Bank (StanChart) has firmed up plans to pick up stake in cellular operator Idea Cellular. StanChart has filed an application with the Foreign Investment Promotion Board (FIPB) seeking permission for investing in Idea, though ... More


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