Financial Daily from THE HINDU group of publications
Wednesday, July 20, 2005
Markets (July 19)
BL 2502294.35 (+6.40)
BSE Sensex7346.63 (-0.47)
S&P CNX Nifty2237.30 (+3.30)
US Dollar (Buy/Sell)43.50/43.63
Gold Std (10 gm)5995 (-20)

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Hutch all set to acquire BPL Mobile
HUTCHISON is said to be in talks to acquire BPL Mobile. A decision on the deal is expected in a day or two, according to sources close to the negotiations. It is stated that the board of directors of BPL Mobile, which has operations in four ... More

Reliance Energy Q1 net up 42 pc
RELIANCE Energy Ltd (REL) posted a net profit at Rs 156.63 crore for the first quarter of 2005-06, registering a 42-per cent growth over Rs 110.01 crore in the first quarter last year. The surge in profits came even as the utility company's ... More

BSNL ends tie-up with VSNL for international long distance calls — Floats global tender for setting up own network
BHARAT Sanchar Nigam Ltd has finally decided to end the tie-up with the Tata-managed Videsh Sanchar Nigam Ltd for carrying its international long distance (ILD) calls and has floated a multi-million-dollar global tender to set up its own network. ... More

Ministry to adopt `multi-stakeholder' approach to increase forest cover — To seek feedback from industry, NGOs
While the proposal is at a preliminary stage, it may entail changes in the Forest Conservation Act, depending on the finalised plans, according to officials More

Indo-US joint statement boosts prospects for nuclear power — `Lifting of restrictions will help India set up new plants'
PROSPECTS of India ramping up its nuclear power generation through introduction of a new breed of reactors developed in Russia, the UK, France and the US have heightened in the wake of the joint statement issued by the Prime Minister, Dr Manmohan ... More

Sowing of kharif crops continues to lag behind
SOWING of various kharif crops, barring bajra, sugarcane and jute, continues to lag behind compared with the corresponding period last year due to the delay in the onset of the monsoon. The Agriculture Ministry, however, expect things to ... More

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