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Tuesday, March 16, 2004

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Sensex drops 180 on bear attack
STOCK prices dropped like nine pins on Monday, pulling down major indices by over 3 per cent to new lows of this year. Even the Government's mobilisation of more than the disinvestment target in current fiscal failed to enthuse the market ... More

Govt okays 100 pc FDI in Gujarat Pipavav Port
STRATEGIC investors and FIIs have been permitted by the Government to increase their holding in Gujarat Pipavav Ports Ltd from 49 per cent to 100 per cent involving foreign direct investments (FDI) worth Rs 456 crore. This was among the 28 FDI ... More

SC asks Ten Sports to offer feed to DD for second ODI
WILL Doordarshan be able to telecast the second one day international between India and Pakistan to be held at Rawalpindi on Tuesday? Though the Supreme Court today directed Ten Sports to share the signals of the match with the national ... More

Get ready to watch: A joint feature film by India, Pakistan
AFTER cricket it is celluloid's turn to celebrate the new found impetus to Indo-Pak relations, a joint feature film by the two countries indicated on the cards. "Several MoUs are likely to be signed between the two sides," said Mr Sajjad Gul, ... More

ONGC cut-off price at Rs 750; mops up Rs 10,534 cr
THE Government has fixed a cut-off price of Rs 750 per share for the sale of its 10-per cent equity in Oil and Natural Gas Corporation (ONGC) through a public offer, which closed on March 13 with the mop-up touching Rs 10,534 crore. The largest ... More

Is jewellery the next outsourcing boom?
THE J.C. Pennys and the Wal-Marts are looking to source from India not just textiles, but jewellery as well. Mr Marzin R. Shroff, President (Marketing), Suashish group, a leading exporter of polished diamonds says that there is an opportunity ... More

Investors still prefer bank deposits, Govt savings schemes: Study
THE typical Indian investor is a creature of habits. Bad ones, if you go by the findings of a review by Cholamandalam Distribution Services (CDS), conducted to grasp the common man's attitude towards financial management. It has underlined ... More

Marico Industries declares 1:1 bonus
THE board of Marico Industries Ltd has declared a bonus issue in the ratio of one share for every share held aggregating to Rs 29 crore. The company had offered a 1:1 bonus share issue in mid-2002. The board has also recommended the third ... More




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