Financial Daily from THE HINDU group of publications
Tuesday, August 09, 2005
Markets (August 8)
BL 2502363.06 (-37.47)
BSE Sensex7606.17(-147.83)
S&P CNX Nifty2324.40 (-36.80)
US Dollar (Buy/Sell)43.49/43.62
Gold Std (10 gm)6225

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Sensex sheds 148 points on weak global markets
THE domestic bourses could not remain insulated from the weak global markets and a strengthening dollar, leading to a 148-point fall in the Sensex on Monday. With the Asian markets trading weak in the morning, coupled with record high oil ... More

Purchase of petro products for retail sale — Oil marketing chiefs to meet today for better deal from pvt refiners
THE bargaining power of the oil marketing companies (OMCs) will be put to test on Tuesday when the marketing heads of these companies are scheduled to meet to work out the best discount they can get from the private and standalone refiners on the ... More

Compliance with revised Clause 49 — SEBI must clarify scope of internal control, say experts
THE SEBI must clarify the scope of `internal control' for the purpose of compliance with the revised Clause 49 of the listing agreement, say experts in assurance services. They also raise the issue of absence of clarity on when the first set of ... More

One-day matches featuring India — DD can obtain rights from sports broadcasters
IN a move that is likely to put an end to controversies and last minute negotiations between private sports broadcasters and Prasar Bharati, it has been agreed that Doordarshan will have the option to obtain the rights of all one-day ... More

Prasar Bharati, Ten Sports fail to reach pact for finals
NON-CABLE households will not be able to watch the finals between India and Sri Lanka on Tuesday as Ten Sports, exclusive rights holder of live telecast of Indian Oil Cup triangular cricket series and Prasar Bharati have failed to reach an ... More

Bharti outsources call centre operations — Signs Rs 1000-cr deal with 4 BPOs
TELECOM major Bharti Tele-Ventures has signed a Rs 1,000-crore deal with four global business process outsourcing companies to outsource its call centre operations for the next 4-5 years. The deal signed with IBM Daksh, MphasiS, TeleTech and ... More

3 Malaysian cos join race for 49% stake in Nagarjuna Power project
Nagarjuna Power has already approved BHEL as the engineering, procurement and construction contractor for the project. More

J&J can keep the `baby', but with a caution!
JOHNSON & Johnson (J&J) can keep the `baby' reference, but it will have to drop any health claims from its label. The multinational company will also have to carry a caution label, besides a list of ingredients on its package, the Maharastra More

Monsoon extends `above normal' performance into early August
THE southwest monsoon has extended its `above par' performance into August with the all-India area-weighted rainfall during the season up till August 3 being surplus by 5 per cent. According to an update by the India Meteorological Department, ... More

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