Financial Daily from THE HINDU group of publications
Saturday, April 12, 2003
Markets (April 11)
BL 2501014.45 (-10.87)
BSE Sensex2997.87 (-37.46)
S&P CNX Nifty949.80 (-12.40)
Dollar (Buy/Sell)47.31/47.44
Gold Std (10 gm)5135 (+10)

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Market still in panic — Infosys leads tech fall; Sensex goes below 3000
A DAY after major indices fell sharply, the Sensex and Nifty continued on their southward journey led by the bellwether stock Infosys Technologies. Most tech stocks witnessed wild fluctuations on Friday. Sensex fell by 37.46 points ending the ... More

HCs clear Graphic Papers merger with Ballarpur Ind
THE legal process of the merger of BILT Graphic Papers Ltd (BGPL), formerly Sinar Mas Pulp and Paper India, with Ballarpur Industries Ltd (BILT) has almost been completed, with the Mumbai High Court and the Delhi High Court giving their assent to ... More

Will the part-time CA practice be axed?
CHARTERED accountants have lived in a world of options — such as to be an associate or to choose to become a fellow, if otherwise eligible, or to hold a certificate of practice (CoP, in short) or not. In CoP terminology, there is yet ... More

SABMiller moving base to Bangalore
SABMILLER, the world's second largest brewer, is relocating its corporate headquarters in India. The operational base will shift from New Delhi to Bangalore, the home turf of United Breweries, in August. Speaking to Business Line, Mr ... More

Singapore Airlines offers discount on Chennai link — S-E Asia route hit by falling traffic
HIT by the fall in load factors on the Chennai-Singapore sector, Singapore Airlines has come out with some special fares on this sector. The three-month excursion fare on the Chennai-Singapore-Chennai sector isRs 16,450. On the ... More

Insat-3A has space to make more money
ANY talk of money from space is somewhat anathema in the rather socialist portals of the Department of Space. But the just launched Insat-3A seems set to be a major cash-cow for the domestic space agency, going by the user interest it has ... More

Maruti launches new version Alto
MARUTI Udyog Ltd, India's largest carmaker, on Friday announced the launch of a new limited edition version of its small car, Alto. Named `Alto Celebration', the LX model is priced at Rs 3.01 lakh (ex-showroom, Delhi) while the version with ... More

GE Shipping increases tanker fleet
WITH the global tanker freight market firming up at a fast clip since the last quarter of the just ended fiscal, GE Shipping is in the process of changing its fleet composition so as to have a higher share of tanker tonnage. The company ... More


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