Financial Daily from THE HINDU group of publications
Thursday, July 03, 2003
Markets (July 2)
BL 2501292.01 (+3.93)
BSE Sensex3601.39 (-3.04)
S&P CNX Nifty1133.80 (+3.10)
Dollar (Buy/Sell)46.36/46.49
Gold Std (10 gm)5390 (+35)


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CCEA clears Coke proposal; voting rights curb removed
AT long last, with the political masters taking a "conscious economic" decision, the "ticklish" issue regarding Coca-Cola India's equity divestment and voting rights has been resolved. Unable to arrive at a consensus among its constituents ... More

Microsoft may shift 800 BPO jobs to India — Plans customer support centre
According to WashTech, Mrs Lori Moore, Vice-President of Microsoft PSS, the company would focus its efforts on India to position them for global expansion. More

Citigroup arm buys 12.5 pc stake in Lupin
THE promoter group of pharmaceutical major Lupin Ltd has sold 12.55 per cent of its equity holding in the company to CVC International, a private investment arm of the US-based financial conglomerate Citigroup. The company said in a late ... More

PMO steps in as CAS impasse continues
THE chaos surrounding the implementation of the conditional access system (CAS) continues, with the Prime Minister's Office (PMO) directly meeting broadcasters and some Mumbai-based cable operators. While the option of offering dual feed - ... More

National Insurance in talks with GM, Hyundai
NATIONAL Insurance Company Ltd is in talks with the leading automobile majors such as the US-based General Motors and the Korea-based Hyundai for providing insurance-related services to their Indian clients. Top-level executives from the ... More

Perot Systems acquires Chennai BPO company
PEROT Systems, a technology services provider, has acquired Vision Healthsource Pvt Ltd, a Chennai-based BPO company. This announcement was made to Vision Healthsource's 500-odd employees at an internal meeting on Wednesday. In a literature ... More


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