Financial Daily from THE HINDU group of publications
Friday, May 09, 2003
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BL 2501029.10 (-9.31)
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Dollar (Buy/Sell)47.19/47.32
Gold Std (10 gm)5370 (-25)

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6 cell operators part ways with Bharti — Sign pact with BSNL for routing STD calls
IN what appears to be a clear break in ranks amongst six private cellular operators, Hutchison Telecom Ltd, Idea Cellular Ltd, BPL Mobile, Spice Telecom, Escotel Communications and RPG Cellular have decided to part ways with Bharti Telesonic Ltd, ... More

GSLV-D2: It's a `bull's eye' launch
THE country's space programme reached another milestone on Thursday, with the successful launch of the GSLV-D2 rocket and the injection of the GSAT-2 experimental satellite into its designated orbit. The 40-metre, 414-tonne rocket blasted off ... More

UPSFC defaults on bank loans
UTTAR Pradesh State Finance Corporation (UPSFC) has started defaulting on loan commitments to major commercial banks including Bank of Baroda, Union Bank of India, Allahabad Bank and Central Bank of India. According to bankers, the corporation ... More

Cos Bill seeks to bar `pyramid' control
IN what could be a major body blow for India Inc, the Centre has through the Companies (Amendment) Bill, 2003, resurrected a controversial provision that was considered to be a bombshell in the Companies Bill 1997. The latest Bill seeks to ... More

Tobacco blow to ad revenues — Agencies say regulation is fine, but blanket ban unfair
IT is the summer of their discontent - the Rs 9,000-crore advertising industry received another blow last week with the passage of the Tobacco Bill, which bans advertisement of cigarettes and other tobacco products, and their sponsorship of ... More


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