Financial Daily from THE HINDU group of publications
Wednesday, December 10, 2003
Markets (Dec. 9)
BL 2501868.22 (+36.03)
BSE Sensex5229.34 (+97.80)
S&P CNX Nifty1675.85 (+29.60)
US Dollar (Buy/Sell)45.49/45.62
Gold Std (10 gm)6085 (+10)

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Record 488 stocks hit upper circuit on BSE — Sensex up 98 points, tops 5,200
ON a day when BSE Sensex gained 98 points, the market players went on a rampage; every fourth stock traded on BSE got locked in the upper circuit. What was more interesting was the maximum number of stocks hitting upper circuit was from the ... More

BSNL slashes intra-circle STD rates by 25 pc
BHARAT SANCHAR NIGAM LTD (BSNL) has slashed the intra-circle landline-to-landline STD call rates by 25 per cent starting December 15. In keeping with the revised interconnection usage charges (IUC), a landline-to-landline call beyond 100 km ... More

Independent investigator submits report on Flex Ind
THE independent investigator appointed by the Department of Company Affairs for probing the charges against Flex Industries for violations under Companies Act has submitted its report to the Government today. This is one of the two cases for ... More

Global sugar body prescribes bitter SMP pill to Govt
IT's now the turn of the International Sugar Organisation (ISO) to prescribe a bitter pill to the Indian Government. It is in the form of a suggestion to end the practice of statutory minimum price (SMP) for sugarcane and further de-regulate the ... More

Aviation report enthuses SIA, British Airways — Emirates not interested
THE recommendations of the Naresh Chandra Committee report proposing a 49 per cent stake for international airlines in the domestic aviation sector is creating some amount of interest in Singapore and London. On the contrary, in Dubai, it's a ... More

Sanmar Speciality acquires Bangalore Genei
THE Sanmar group has entered bio-tech business through an acquisition — Sanmar Speciality Chemicals Ltd today announced the acquisition of Bangalore Genei Pvt Ltd. Bangalore Genei, founded in 1989, produces enzymes and related reagents ... More

GG Automotive in talks to buy US co
GG AUTOMOTIVE Gears Ltd (GGAG) today informed the BSE that it is in negotiation through its US office, to acquire a US-based company manufacturing high precision custom gears and planetary gear systems at its Indiana plant. While the name of ... More


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