Financial Daily from THE HINDU group of publications
Wednesday, January 30, 2002
Markets (Jan. 29)
BL 250985.45 (+0.84)
BSE Sensex3313.28 (-4.36)
S&P CNX Nifty1071.65 (+0.30)
Dollar (Buy/Sell)48.36/48.49
Gold Std (10gm)4660 (-15)

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3 options for insurance development officers
THE process of relocation/retrenchment of 12,000-odd development officers (DOs) of Government-owned insurance companies has commenced, with General Insurance Public Sector Association (GIPSA) preparing a detailed paper on repositioning their ... More

Bids for Bharti IPO cross book size
IN just two days, Bharti TeleVentures Ltd (BTVL) IPO has received bids for 18.552 crore shares, slightly more than the actual book size of 18.53 crore shares, according to sources close to merchant bankers. They said there had been large ... More

IDBI third-quarter net plunges 77 pc
INDUSTRIAL Development Bank of India (IDBI) has taken a hard knock on its bottomline with net profit for the third quarter plunging to less than a fourth compared year on year. The institution's total assets have also contracted three per cent ... More

BPL Q3 net down 42.64%
BPL Ltd has posted a 42.64 per cent decline in net profit for the third quarter compared to the same period last year. The company has attributed the decline mainly to the drop in home appliances sales. Net profit for the quarter ended December ... More

NIIT slips into red in Q1
COMPUTER training and software major, NIIT, slipped into the red for the first time in years, by posting a net loss of Rs 13.5 crore for the first quarter ended December 31, 2001 over a net profit of Rs 34.3 crore in the same period last ... More

Dr Reddy's Q3 net rises over five-fold
BUOYED by the market exclusivity of Fluoxetine 40mg and international sales of branded formulations, Dr Reddy's Laboratories Ltd has registered a growth of 70 per cent in sales turnover and 369 per cent in net profit for the third quarter ended ... More

Disney makes headway
MICKEY Mouse could be in India at last. Walt Disney has been allowed by the Foreign Investment Promotion Board (FIPB) to set up a wholly-owned subsidiary for the launch of the Walt Disney channel. This, despite repeated efforts by the K.K Modi ... More

Howzzat! BPL hits ton with replay bug
REMEMBER BPL Oye, the first countdown show on Indian television? The consumer durables major, BPL, is now riding high on the success of another media innovation associated with live cricket, christened in media circles as the BPL Replay ... More

Tata Fin posts loss
TATA Finance Ltd has posted a net loss of Rs 55.77 crore in the quarter ended December 31, 2001 as compared to a net profit of Rs 10.28 crore in the same period last year. Total income is at Rs 127.11 crore as compared to Rs 152.11 crore. The ... More

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Praxis New!

Top Stories
SBI `relief package' for slowdown-hit units

Rakesh Mohan panel report -- `Incorporate tonnage tax in I-T Act'

Centre mulls curbs on GM soya oil

3 options for insurance development officers

Letter of credit: A scam in the making?

Bowling over `Star-stuck' advertisers

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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