Financial Daily from THE HINDU group of publications
Wednesday, June 22, 2005
Markets (July 25)
BL 2502325.28 (+12.27)
BSE Sensex7505.60(+82.35)
S&P CNX Nifty2291.75 (+26.15)
US Dollar (Buy/Sell)43.51/43.63
Gold Std (10 gm)6085 (+35)

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Sensex zooms past 7,000 — Reliance stocks stay in the limelight
THE bourses continued to be buoyant with the BSE Sensex touching a new high and ending above the 7,000-point mark, as the settlement between the Ambani brothers and the advancing monsoon rains in Mumbai cheered market players. The mood in the ... More

Anil makes open offer for 20 pc in RCL
WITHIN two days of committing funds in Reliance Capital Ltd (RCL) its Chairman, Mr Anil Ambani, on Tuesday made an open offer to acquire 20 per cent of the company's shares at Rs 231 per share. In a notice to stock exchanges, RCL said Mr Anil ... More

MoU plan for PSU banks dropped
THE proposed exercise of signing memoranda of understanding (MoUs) between the Ministry of Finance and public sector banks has been given a premature burial by the Government. Instead of setting `rigid' MoU targets as `minimum assurance' from ... More

India Inc eyes high earnings from carbon trading
The value of Certified Emission Reductions has fluctuated and has seen an overall upward trend during the past few months. More

IMD sees 10% deficit in June rainfall
PERCEPTIBLE improvement in monsoon behaviour has encouraged India Meteorological Department (IMD) to make a call on likely June precipitation. Speaking to Business Line, Dr M. Rajeevan, Director, Forecasting, said June might remain ... More

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