Financial Daily from THE HINDU group of publications
Thursday, October 16, 2003
Markets (Oct. 15)
BL 2501701.97 (+13.14)
BSE Sensex4855.26 (+73.23)
S&P CNX Nifty1537 (+16.20)
US Dollar (Buy/Sell)45.64/45.78
Gold Std (10 gm)5665 (+20)

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US-64 wipes out shortfall in NAV
THE steep rise of stock valuations in the equity market has helped Unit Scheme — 1964, flagship of the erstwhile Unit Trust of India, to wipe out the entire shortfall in its net asset value. On October 15, the net asset value of the scheme ... More

SEBI bars former Tata Finance Director from market for 5 years
SEBI has found Mr Jaivant Esvonta Talaulicar, former Director of Tata Finance, guilty of insider trading in the shares of Tata Finance Ltd and debarred him from the securities market for 5 years. Mr T.M. Nagarajan, whole-time Member, SEBI, in ... More

Petrol, diesel prices cut
THE state-owned oil marketing companies on Wednesday reduced the retail prices of diesel by around 65 paise per litre and that of petrol by 70 paise per litre. Interestingly, the prices have been reduced at a time when global prices of the ... More

Govt announces one-time package for sick PSUs
BASED on the recommendations of the Group of Ministers on payment of outstanding statutory dues and salary/wages of the employees of the Central Public Sector Undertakings (CPSUs) and other issues, the Union Cabinet today decided to extend ... More

Cadbury in damage control mode; Amul expects sales rise
The controversy, for example, saw Gujarat Co-operative Milk Marketing Federation (GCMMF) putting up advertising hoardings across Mumbai with the punchline `Cadbura' (which, in other words, implies, Cadbury is bad). Mr Rahul daCunha, Director, ... More

Rs 500 cr for Prasar Bharati's DTH project
IN a bid to expand television network coverage to remote and hilly regions of the country, the Cabinet Committee on Economic Affairs (CCEA), today sanctioned Rs 500 crore to be used over a five-year period to Prasar Bharati's direct-to-home (DTH) ... More

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