Financial Daily from THE HINDU group of publications
Saturday, October 04, 2003
Markets (Oct. 3)
BL 2501626.58 (+26.10)
BSE Sensex4552.92 (+97.84)
S&P CNX Nifty1449.30 (+28.45)
US Dollar (Buy/Sell)45.36/45.49
Gold Std (10 gm)5780 (-10)

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Our office will remain closed on Oct. 4th on account of Ayudha Pooja and there will be no online edition of Business Line dated 5th Oct. 2003

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IOC split among the three options mooted for sell-off
THE Cabinet Committee on Disinvestment (CCD) on Friday mooted an ingenious solution to the vexed issue of disinvestment of Hindustan Petroleum Corporation Ltd and Bharat Petroleum Corporation Ltd, following the Supreme Court halting the ... More

FII investments in equities reach an all-time high
FOREIGN institutional investors' romance with Indian stocks has been more intense in 2003 compared to any other year since their "courtship" started a decade ago. FII investments in Indian equities, in 2003 to date, have topped the high of ... More

Sensex at 3-year high, breaches 4,500 mark
THE stock markets continued their upward movement with BSE Sensex touching a three-year high on expectation of good quarterly results. The market was also optimistic about the outcome of the Cabinet Committee on Disinvestment's (CCD) meeting, ... More

SCI declares special interim of Rs 17; share price spurts
THE Union Government will get Rs 384 crore by way of interim dividend from Shipping Corporation of India (SCI) ahead of the company's proposed privatisation. The company's board of directors on Friday recommended a special interim dividend of ... More

Centre levies additional cess on sugar
THE Centre has clamped an additional cess of Rs 6 per quintal on sugar, taking the total duty incidence on the commodity to Rs 91 per quintal. Currently, the total duty on sugar sold in the open market is a flat Rs 85 per quintal, which ... More

`Used PCs, laptops cannot be imported under EPCG scheme'
SECOND-HAND personal computers or laptops cannot be imported under the export promotion capital goods (EPCG) scheme of the Exim Policy, according to the Directorate-General of Foreign Trade (DGFT). This stand of the DGFT is seen as a body blow ... More

Two `retrenched' Tata Power workers attempt suicide
THE dark side of contemporary business climes caught up with the Tatas, as two temporary workers earlier on projects at Tata Power, attempted self-immolation before Bombay House here on Friday. Messrs Anant Ganpat Dalvi and Akhtar Khan, both in ... More


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