Financial Daily from THE HINDU group of publications
Saturday, July 12, 2003
Markets (July 11)
BL 2501311.48 (+0.28)
BSE Sensex3676.26 (-3.37)
S&P CNX Nifty1161.65 (-0.70)
Dollar (Buy/Sell)46.09/46.22
Gold Std (10 gm)5265


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SEBI sets store by fair code for public nominees on SEs
IN a move that will have far-reaching consequences on the functioning of stock exchanges in the post-demutualised era, the Securities and Exchange Board of India (SEBI) has formulated a Code of Conduct for the public representatives on exchanges ... More

First phase of CAS rollout set for Sept 1
SETTING in process the first phase of the CAS rollout, the Government on Friday issued a notification that will bring parts of Delhi, Mumbai, Kolkata city and the whole of Chennai under the new regime from September 1. Besides the Chennai ... More

Corporates go for security software
BE they banks, telecom companies or plain vanilla manufacturing companies, as corporate India gets networked and connected, Indian enterprises are on high alert. They are growing more security conscious as they get a taste of the strengths and ... More

Four in race for 51 pc Govt stake in Engineers India
OIL and Natural Gas Corporation (ONGC), L&T-GAIL (India) Ltd combine, BHEL and Sun Group, Russia, are in the race to acquire a 51 per cent stake in Engineers India Ltd (EIL), which is on the privatisation block. "ONGC, L&T-GAIL combine, Sun ... More

Want to check attrition, try the Hughes way
A HIGH attrition rate continues to plague the Business Process Outsourcing (BPO) industry, with each player trying to curtail it in his own way. While some BPOs prescribed changing of employee profile as a solution and hence have increased the ... More

Industrial growth at 5.7 pc in May
INDUSTRY seems well entrenched on revival mode, with the official Index of Industrial Production (IIP) registering a 5.7 per cent growth during May, compared to the corresponding year-on-year figure of 4.1 per cent for May 2002. What is ... More

Tata Fin board okays pref issue
THE board of directors of Tata Finance Ltd today approved conversion of Rs 300-crore lent free of interest to the company by Tata Sons and Tata Industries into equity shares on a preferential basis. The non-banking finance company of the Tata ... More

First case filed under cyberlaw
A BANGALORE - BASED company has filed the first case for damages by way of compensation under Indian Cyberlaw ever since the Indian Information Technology Act came into effect in the year 2000. The case has been filed by Antares Systems Ltd ... More


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