Financial Daily from THE HINDU group of publications
Wednesday, February 13, 2002
Markets (Feb. 12)
BL 2501075.47 (-1.40)
BSE Sensex3497.68 (-17.77)
S&P CNX Nifty1129.50 (-2.05)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10gm)4940 (-5)

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PPL to set norms for sick PSUs
With the exception of Modern Food Industries Ltd, the Government has been tackling only profit-making PSUs for disinvestment so far. More

Anxious Paradeep staff await verdict
DISCONTENTMENT has been partly replaced by suspense among the employees of the Paradeep Phosphate Ltd (PPL) on Tuesday, as they wait with bated breath for news from New Delhi regarding the imminent privatisation of the company. The Cabinet ... More

Govt, Suzuki discuss Maruti rights issue
ANOTHER big-ticket disinvestment appears to be around the corner with the Union Government initiating on Tuesday talks with the representatives of Suzuki Motor Corporation (SMC) for part-offloading its holding in Maruti Udyog Ltd through a Rs ... More

IA hikes fares on most sectors
IN an effort to curtail mounting losses, Indian Airlines has announced a marginal increase in air fares ranging from Rs 115 to Rs120 on most sectors from February 15. However, for air fares in the north-eastern region and a few other sectors, ... More

Motor risk premiums to go up from April
THE Tariff Advisory Committee (TAC) of the Insurance Regulatory and Development Authority (IRDA) has effected a hike in motor insurance premiums. The new premiums are expected to take effect from April 1. Consequent to the hike, insurance ... More

Philips prunes net loss to Rs 21.2 cr
PHILIPS India Ltd has posted a net loss of Rs 21.2 crore for the year ended December 31, 2001 compared to a loss of Rs 34.2 crore last year. The consumer electronics division, which posted a Rs 33.39-crore loss before interest and tax last ... More

Rupee Co-op Bank board superseded
THE board of directors of Rupee Co-operative Bank has been superseded and the Reserve Bank of India (RBI) has appointed an administrator for the management of the bank. The action against the bank follows the presentation of a report by the ... More

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Praxis New!

Top Stories
PPL to set norms for sick PSUs

Rashtriya Chem eyes 74% stake in SAIL unit

Softwares cos see downtrend in staff costs

IA hikes fares on most sectors

Rice exports gain pace -- Indonesia to buy one million tonnes

Open offers up despite fewer M&A deals

Industrial growth hits fiscal year low of 1.6% in Dec

Motor risk premiums to go up from April

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Feb. 3-Feb. 9
Bonanza awaits Govt on VSNL, IBP sell-off

Companies fight shy of meaningful disclosures

E-com deals may be kept out of I-T net

VSNL seeking lower `settlement' rate -- Overseas calls set to be cheaper

Indian Oil set to acquire IBP

Tatas pocket VSNL for Rs 1,439 cr, IOC gets IBP

Grain curbs off, sugar freed, new policy for drug sector

PSU stocks take market on joy trip

UB set to soak South with latest buyout -- Snares GMR Vasavi, Empee

Gold zooms to 5-year high

Zuari-Chambal bids for Paradeep Phos

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