Financial Daily
from THE HINDU group of publications

Wednesday, October 31, 2001






Promote contract and not corporate farming: Ajit
Gujarat to harvest bumper rabi groundnut crop
AP farmers unsure of MSP rates for paddy
Stake in agriculture

12 weekly flights from India to Switzerland
AAI installs new surveillance system

M&M in talks with Russian co to sell UVs
No VRS setback to production, says Maruti
Former Hyundai dealer to sell Marutis in Chennai
Auto policy must spur car sales: Seshasayee
Small cars top emission survey

IT raids on GE Shipping, Ipca Labs
AP leather body to implement European Commission project
Carborundum Universal to sell Palakkad refractory unit
Govt intervention sought to resolve MCF stalemate
Govt forms panel to study Trayons revival package

`Govt to review progress of fast track courts'

Ear to the ground
VST Ind in limelight

OECD meet to discuss foreign investments
Prodding people to improve productivity
ILO says reforms should help fight poverty
Economic woes

Universal prescription

Financial Performance
Apollo Tyres net skids 48 pc
Coates of India Q3 net up 52 pc
Sun Earth Ceramics Q1 sales, net up
IOC H1 net down 31.47%
ONGC net at Rs 1,666.39 crore
Asian Paints net down at Rs 29.62 cr
GAIL H1 net at Rs 544 crore
Novartis India net up 56 pc
BSES net up 4 pc in 2nd quarter
32 per cent drop in Sterlite net
Agro Tech Foods Q2 turnover up
Alstom Power 9-month turnover at Rs 511.1 cr
VSNL: Mixed signals
Coromandel Fert nets Rs 28.4 cr
Cadila Healthcare Q2 net higher at Rs 21.86 cr
Tata Tea PAT up 45%
Glenmark Pharma net rises 46 per cent
M&M posts Rs 2.67-cr net loss
Sterlite Optical Q2 net down 78 pc
Madhucon Projects net at Rs 1.79 crore
Essar Shipping net drops 37%
Hindalco Q2 net at Rs 167.1 cr
Indian Rayon Q2 net rises to Rs 15.12 cr
Central Pulp net up at Rs 4.23 cr
Precot Mills posts loss on slippage
Kothari Sugars posts higher net loss
Berger Paints net fades 10 per cent
Voltas Q2 net dips
Wockhardt net up 35%
Thiru Arooran Sugars Q2 net loss at Rs 8.50 cr
Himatsingka Siede net at Rs 10.55-cr
Tata Steel Q2 net falls 76 pc -- We are passing through difficult times: MD
Reliance Petro Q2 net up 10.48 pc

SBI net up 10.8 pc at Rs 644 cr in Q2
VSNL net climbs 6 pc
MTNL income up at Rs 1,621 cr
IA posts Rs 159-cr loss

Gujarat Ambuja: A flat mode
Hughes Soft: Some open interest

Information Technology
Germany to ease visa regulations
UK may invite more Indian IT companies

A gilded cage holds no charm

Mutual Funds
`Convert UTI into AMC'

On the hedge
Call premiums fall sharply; Bearish outlook for spot


Kashmir: Why is Delhi becoming shrill?
Poll violence

AP Transco likely to resume purchase from Gridco soon

TV rating agencies get together

AP seeks more share in collections from small savings
TN IT Secy to retire

Workshop to enhance value for shareholder
Lacklustre earnings dampen sentiment

Sugarcane support price at Rs 62.05/quintal

Last date for filing of I-T returns extended

Bangladesh tea project to tone up industry

Technical Analysis
Uptrend terminated

ICICI to expedite work on Knowledge Park module II


`MTNL denied level playing field'

Revenue Dept move irks textile exporters
Tech sops for select textile SSIs likely

Travel & Places
Chambers welcome formation of new tourism council

Bad publicity hits Kashmir tourism
Centre to form tourism council -- PM urges States to follow suit
Govt yet to assess Sept 11 impact on tourism
Kerala bid to promote tourism in South
US Embassy move to cut visa queues

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