Financial Daily from THE HINDU group of publications
Tuesday, August 19, 2003
Markets (Aug. 18)
BL 2501450.75 (+32.71)
BSE Sensex3977.73 (+56.53
S&P CNX Nifty1281.40 (+33.65)
US Dollar (Buy/Sell)45.80/45.93
Gold Std (10 gm)5490 (-20)


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Record 471 stocks hit upper circuit on BSE
EVEN as the Sensex moved close to the 4,000 level, there seems to be aggressive buying across-the-board with every fifth stock traded on the BSE today hitting the upper circuit filter. In circuit filter, a stock cannot rise or fall beyond a ... More

NDA Govt's failure is complete, says Sonia
THE Lok Sabha today began a no-confidence discussion on the NDA Government led by the Prime Minister, Mr Atal Bihari Vajpayee, with the Leader of Opposition, Mrs Sonia Gandhi, declaring that: "our indictment is comprehensive just as their ... More

British Gas wants to retain 50% stake in joint venture arm
BRITISH Gas Plc (BG) has decided to retain its 50 per cent holding in its Indian joint venture gas distribution subsidiary Mahanagar Gas Ltd (MGL). The other joint venture partners are Gas Authority of India Ltd (GAIL) and the Maharashtra ... More

Private FM news content comes under microscope
AFTER monitoring PTV and FTV, the Central Monitoring Services of the Information and Broadcasting (I&B) Ministry has been monitoring news content in private FM radio channels such as Radio Mirchi, 93.5 RED FM and Radio City Private FM . This ... More

Suspect components delay Insat 3E launch
A BATCH containing `faulty' units of critical imported components used in Insat-3E has forced ISRO to postpone its launch barely 18 days from D-day. The communications satellite has been in the French Guianese spaceport since July 16, ... More

India pitches for focus on farm growth concerns at Cancun
Stating that India need safeguards against surge in imports of farm goods, Mr Jaitley said reform of the European Union's common agricultural policy was inadequate as it was obviously constrained by the domestic politics of the constituent States. More

M&M plans to buy Finnish tractor biz
MAHINDRA & Mahindra (M&M) board is meeting on August 21 to consider a proposal to submit an offer for acquiring the tractor business of Valtra Oy Ab, Finland and Valtra do Brazil. The company had said earlier it was in discussions with the ... More


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