Financial Daily from THE HINDU group of publications
Thursday, May 05, 2005
Markets (May 4)
BL 2502043.20 (+21.62)
BSE Sensex6289.55 (+72.78)
S&P CNX Nifty1942.60 (+21.90)
US Dollar (Buy/Sell)43.48/43.61
Gold Std (10 gm)6120 (-10)

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Guidelines for choice of power distributors by June
CONSUMERS may soon be able to choose the utility they would like to draw their electricity from. The power regulatory establishment across the country has set itself a deadline of June 2005 for finalising the distribution open access norms for ... More

Cabinet clears Bills on SEZs, SMEs
THE Union Cabinet today cleared the Special Economic Zone (SEZ) Bill, according to the Information and Broadcasting Minister, Mr Jaipal Reddy. The Bill seeks to provide a fiscal package, including a 15-year income tax holiday, to units in ... More

HC verdict on land development: SC reserves orders on Mumbai textile mill owners' plea
THE Supreme Court on Wednesday reserved orders on a batch of appeals against a Bombay High Court interim order restraining the Brihanmumbai Municipal Corporation (BMC) from granting permission to textile mill owners to develop the land with the ... More

Gujarat HC strikes down rule on IIM admissions
THE Gujarat High Court has struck down a rule that allowed students whose colleges are not affiliated to the Association of Indian Universities (AIU) to take the Common Admission Test (CAT) but debarred them from admission to the Indian ... More

FDA may pass order on Johnson's baby oil today
Johnson (J&J) Ltd's baby oil on Thursday. According to sources in the FDA, the company has been given a couple of ... More

Flextronics plans delisting, to buy out shares at Rs 575
FLEXTRONICS, the electronics manufacturing services provider, today announced its proposal to delist its India-based subsidiary, Flextronics Software Systems Ltd (FSS), from both the BSE and the NSE by purchasing all outstanding public ... More

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