Financial Daily from THE HINDU group of publications
Friday, November 07, 2003
Markets (Nov. 6)
BL 2501775.04 (+12.31)
BSE Sensex5047.54 (-17.37)
S&P CNX Nifty1612.20 (+3.05)
US Dollar (Buy/Sell)45.26/45.39
Gold Std (10 gm)5730 (-5)

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Steel price rise: Govt won't step in
THE Union Government on Thursday said that it would not intervene to check the rising steel prices as they are "market driven". "The Government has no role to play in controlling steel prices... they are market-driven. But I have appealed to ... More

Reliance not to stop roaming-like services
RELIANCE Infocomm is confident that the unified license scheme will become a reality and that the company itself would have the license within a month's time. It has therefore neither made nor plans any move to stop certain roaming-like ... More

Vedanta of Sterlite group to be listed on London bourse — Plans to raise $700 m via public offer
THE Vedanta Resources, owned by the Agarwal Group of Sterlite Industries, on Thursday announced its plans to raise $700 million through an initial public offer and to list on the London Stock Exchange. The offer is to part finance the group's ... More

Marlboro comes to India
PHILIP Morris today announced the launch of its well-known `Marlboro' brand of cigarettes in India. Marlboro cigarettes - Marlboro Full Flavour & Lights - are, however, to be distributed in India without the direct involvement of Godfrey ... More

SEZs exempted from ESI, EPF payments
THE Government has extended a major sop to units in Special Economic Zones (SEZs) by exempting them from payment of statutory dues like contribution to the Employees' Provident Fund (EPF) and the Employees' State Insurance (ESI) for a period of ... More

Tata Motors shareholder? Here's an offer
Get car loans from the company at sub-6 pc interest rate

IN what could be a precedent setting move, Tata Motors has offered its shareholders its best selling Indica and Indigo cars at an unputdownable interest rate of sub-6 per cent triggering off speculation that another interest rate war is round the ... More


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