Financial Daily from THE HINDU group of publications
Wednesday, June 12, 2002
Markets (June 11)
BL 2501158.43 (+33.38)
BSE Sensex3362.42 (+82.93)
S&P CNX Nifty1097.05 (+22.20)
Dollar (Buy/Sell)48.93/49.06
Gold Std (10 gm)5280 (-60)

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Sensex up 83 points as war fears recede
THE easing of border tensions has brought back the much-needed positive sentiment to the stock markets, leading to an across-the-board buying today. War fears had pulled down many stocks and with FIIs turning sellers the market had remained ... More

Banks allowed to finance Rs 10-cr plus film projects
THE Reserve Bank of India has allowed banks to finance film projects costing over Rs 10 crore. This follows the RBI's withdrawal of the earlier stipulation that banks should not finance projects where the total cost of film production exceeds ... More

Cellulars poaching on FMCG personnel
CELLULAR service companies are raiding FMCG companies for key personnel for their marketing departments. "Studies indicate that it is the pre-paid cellular services market which will fetch volumes for the industry. Pre-paid cards are typically ... More

IISCO recast okayed
THE Cabinet Committee on Economic Affairs (CCEA) today approved a financial restructuring plan for Indian Iron & Steel Company (IISCO), a subsidiary of Steel Authority of India Ltd (SAIL). According to the plan, the Government will stand ... More

WLL tariff revision to take more time
THE Telecom Regulatory Authority of India (TRAI) has been caught in a bind regarding revision of tariffs for wireless in local loop (WLL) limited mobility services. According to industry sources, the authority which was expected to come out ... More


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Praxis New!

Top Stories
South Asia could benefit from common currency


Golden rice: Hope or hype?

132 pc rise in PSBs net profit last fiscal

Sensex up 83 points as war fears recede

Cellular subscriber base touches 6.99 m

FMCG needs push in consumer spend to stay on growth path

Presidential election: An inspired, convenient choice

In Depth
Gender Justice
Simple Economics
Guide to derivatives

Looking back
Jun. 2-Jun. 8
Exports recover, up 18% in April

Petrol price hike likely on Monday

Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure

Rs 9,063-cr shortfall in tax revenue -- Fiscal deficit overshoots target by Rs 4,490 crore

Govt hikes petrol, diesel prices; cuts excise duty

War fears delay Bharti, Data Access ILD plans

Visa troubles cause worry in travel, tourism industry

ORG pegs BPL on top; LG differs

`Dramatic turnaround' for Tata Engg in Q4

Uncle Sam to look over students' shoulders

Projects facing time overruns must be treated as NPAs: RBI

West coast ports are `unsafe destinations' -- Insurers impose war-risk premium on foreign ships

Indian promoters of pvt banks can hold 49 pc

BoI to cut 5,000 more jobs -- Second VRS in another 3 months


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