Financial Daily from THE HINDU group of publications
Thursday, January 02, 2003
Markets (Jan. 01)
BL 2501136.12 (+6.49)
BSE Sensex3390.12 (+12.84)
S&P CNX Nifty1100.15 (+6.65)
Gold Std (10 gm)5260 (-320)

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Tea auction system rationalised
The new order, issued today, spells out that every registered manufacturer, as specified by a direction of the Registering Authority (the Chairman of Tea Board), should from today onwards, sell such percentage as might be specified from time to time by the authority, of tea manufactured by him in a calendar year or such period as might be specified in the direction, through public tea auctions in India. More

Govt outlines finer aspects of FDI in trading sector
All windows available under the FDI policy for trading activity are open to a company and it can obtain prior approval to pursue trading activities under more than one mode. More


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