Financial Daily from THE HINDU group of publications
Thursday, February 14, 2002
Markets (Feb. 13)
BL 2501093.03 (+17.56)
BSE Sensex3519.87 (+22.19)
S&P CNX Nifty1135.10 (+5.60)
Dollar (Buy/Sell)48.64/48.77
Gold Std (10gm)4940

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VSNL enters Tata family
THE Tatas formally acquired 25 per cent equity stake in Videsh Sanchar Nigam Ltd (VSNL) on Wednesday by signing the shareholders' agreement with the Government. Mr Ratan Tata, Chairman of the Tata group, handed over a cheque for Rs 1,439 crore ... More

RBI approves ADR/GDR re-issue
THE limited two-way fungibility of ADRs/GDRs has become operational, and the Reserve Bank of India (RBI) on Wednesday issued necessary guidelines following approval by the Government. The approval, which provides investors with greater ... More

`Sibling' rivalry sees Sify forging ahead?
FAMILY ties seemed to be in force at Wednesday's formal signing of the agreement between Videsh Sanchar Nigam Ltd (VSNL) and its new buyer, the Tata group. The VSNL Chairman and Managing Director, Mr S.K. Gupta, waxed eloquent on how VSNL was ... More

BSNL almost jammed Tata lines
THE Tata group has taken strategic management control of Videsh Sanchar Nigam Ltd (VSNL) by beating two contenders, and not just Reliance, as is widely believed. According to official sources, a few days prior to the placing of financial bids ... More

Shah Rukh, Amitabh... dil maange more?
HOW often do you get to see the likes of Amitabh Bachchan and Shah Rukh Khan reading out extravagant farewell messages, Adnan Sami performing solo numbers and Harsha Bhogle presiding as master of ceremonies? Not at any run-of-the-mill party. ... More

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Praxis New!

Top Stories
BPCL, HPCL divestment -- Govt to pre-empt monopolies

Rubco floats tender to export 10,000 tonnes

VSNL enters Tata family

Leasing body working on common business code

RBI approves ADR/GDR re-issue

All set for the UP battle

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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