Financial Daily from THE HINDU group of publications
Tuesday, August 27, 2002
Markets (Aug. 26)
BL 2501095.32 (+6.08)
BSE Sensex3123.60 (+4.42)
S&P CNX Nifty998.85 (+3.65)
Dollar (Buy/Sell)48.47/48.60
Gold Std (10 gm)5075 (+15)

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Hallmark Inc to acquire stake in Vintage Cards
THE greeting cards industry is expected to get a boost, with Hallmark Cards Inc of the US finally deciding to pick up an equity stake through the preferential route in the Pune-based Vintage Cards & Creations Ltd. With this, the Rs 150-crore ... More

PROMOTIONS & OFFERS


Clear phone dues, win a Maruti! — BSNL scheme to recover over Rs 4,000-cr arrears
BSNL decided on this strategy to recover its dues after all the existing measures seemed to be delivering little results. More

CHANNELS AND FRANCHISES


Licence fee, courseware cost hike — NIIT franchisees `on the verge of closure'
A NUMBER of franchisees of NIIT here have alleged that many of them are on the verge of closure following a severe hike in the cost of courseware and licence fee by the computer education major, coupled with lower student enrolments. About 22 ... More

RETAILING


You can buy insurance at petrol bunks too
INSURANCE selling appears to be going the `home loans' way, where all you require to set up a point-of-sales is a canopy, a desk and a chair. These little `offices' have sprung up in places you'd least suspect them to be present in — and ... More

Coffee Homes to get a facelift
THE staid old Coffee Homes, run under the jurisdiction of the Delhi Tourism & Transportation Development Corporation Ltd (DTTDC), are being given a facelift. Soon after the FMCG major Nestle was signed on to put up Nescafe counters within the ... More

NEW PRODUCTS & SERVICES


Caterpillar launches footwear range
CATERPILLAR Footwear, a division of $750-million Wolverine Worldwide Inc, on Monday announced that Royal Sporting House (RSH) will be the exclusive licensee and distributor of its CAT footwear and Merrell performance footwear in India. "We feel ... More
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