Financial Daily from THE HINDU group of publications
Thursday, November 20, 2003
Markets (Nov. 19)
BL 2501721.16 (-26.65)
BSE Sensex4823.73 (-67.40)
S&P CNX Nifty1540.60 (-23.80)
US Dollar (Buy/Sell)45.54/45.68
Gold Std (10 gm)5940 (+60)

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Forward linkage plan for K-G Basin gas — Reliance proposes power project near Bangalore
RELIANCE Industries Ltd (RIL) has offered to set up a 3000 MW power project in Karnataka near Bangalore to tie up forward linkages for its gas finds in the Krishna-Godavari Basin. State Government officials confirmed that such a proposal had ... More

Re yo-yoes against dollar
IT was a backbreaking day for many a dealer in the local currency markets with the rupee exhibiting a yo-yo like movement. Despite the dollar taking a major beating worldwide on Tuesday and several Asian currencies strengthening against it, the ... More

CST bill: Finance Ministry move to hit Reliance
THE Finance Ministry has ruled out implementation of the existing Rs 1,500-crore scheme for compensating refineries on taxes levied by the State Governments but are not recovered from the consumer during the current fiscal. This, despite the fact ... More

Hero to drive in Italian Aprilia
ITALIAN two-wheeler maker Aprilia is entering the Indian market through a tie-up with Hero Motors, part of the Hero Group, to sell a range of scooters from the last quarter of 2004. Aprilia will also outsource scooters from Hero Motors to sell ... More

Aprilia to pick up 20 pc stake for Rs 100 crore
Aprilia is set to pick up equity stake in Hero Motors for a consideration of about Rs 100 crore. Confirming the development, Mr Pankaj Munjal, Managing Director, Hero Motors told Business Line, "Aprilia would pick up about 20 per cent ... More

Are your mobile nos in for a change?
CLOSE to seven-million CDMA (code-division multiple access) (until recently limited mobility-WLL) mobile subscribers across the country may have new telephone numbers very soon to bring them on par with the 20-million GSM (Global System for ... More


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