Financial Daily from THE HINDU group of publications
Tuesday, January 29, 2002
Markets (Jan. 28)
BL 250984.61 (-4.91)
BSE Sensex3317.64 (-14.66)
S&P CNX Nifty1071.35 (-8.75)
Dollar (Buy/Sell)48.30/48.43
Gold Std (10gm)4675 (+15)

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Reliance signs licence for long-distance
RELIANCE Communications Ltd has signed the licence agreement with the Department of Telecommunications (DoT) for commencing national long distance (NLD) services in the country. This makes it the second private sector operator, after Bharti ... More

Maruti 800, Esteem, Omni costlier
DELIVERING a bad news for prospective car buyers, Maruti Udyog Ltd on Monday raised prices of some of its cars, particularly the largest selling 800-cc car, by a maximum of Rs 8,835. Maruti has raised prices of all the variants of the 800-cc ... More

Bharti Tele IPO records 59 pc demand on day 1
THE initial public offer of Bharti Televentures - the first mega issue in a very long time and keenly watched by the market - brought in demand for 59 per cent of the 18.53 crore shares on offer on the first day of book-building on ... More

BSNL woos back cell operators
BHARAT Sanchar Nigam Ltd (BSNL) is making all-out efforts to woo the cellular operators who are negotiating with Bharti Telesonic Ltd (BTSOL) for routing all the default STD calls on its network. According to industry sources, the top brass of ... More

`Railneer' to quench commuters' thirst
THE lucrative and possibly single largest captive market for packaged water, the Indian Railways, seems to have gone beyond the reach of corporates, currently battling it out in the estimated Rs 1,000-crore bottled water segment. Pouring water ... More

Gillette to unplug Duracell
GILLETTE India Ltd has ceased production at its Duracell plant at Manesar, Haryana. The company will now source all alkaline batteries from other Duracell facilities worldwide. Following a review of the Indian alkaline battery market, Gillette ... More

Gazprom pulls out of IBP race
RUSSIAN oil major Gazprom is set to pull out of the race for acquiring controlling stake in the state-owned petro-marketing company, IBP Ltd. This leaves Reliance, Essar, Shell and the public sector petro-marketing companies as key bidders for ... More

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Praxis New!

Top Stories
APEDA specifications for quality control -- Rice exporters told to fall in line

`Railneer' to quench commuters' thirst

UTI writes off 50% of NPAs in monthly plans

Reliance signs licence for long-distance

Develop bond market to cut forex risk: BIS

Rlys set to haul 490 mt freight

SSI net down 93 pc in Q2

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Jan. 20-Jan. 26
Norsk to sell Utkal stake to Indal-Alcan

Enron & accounting issues: Yawning GAAP

Infosys to tighten belt

Realty may get access to overseas borrowings

Railways shelves variable tariff plan for petro-products

SEBI panel moots early IPOs by MNCs, banks

Scientists deny Pak claims on `infested' wheat

HLL ends year with 25 pc rise in net

Bharti pact with cell cos heading for a jam

Status quo in EPF rate for now -- Linking to Special Deposit Scheme mooted

VAT switchover to take one more year

UB forges pact with S&N; plans strategic buys

Bharti Tele prices IPO at Rs 45

TRAI okays Bharti's tariff plan

Suzuki seeks 100 pc arm for 2/3-wheelers

Nicholas buys ICI's drug business for Rs 70 cr

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