Financial Daily from THE HINDU group of publications
Wednesday, February 20, 2002
Markets (Feb. 19)
BL 2501115.06 (-15.32)
BSE Sensex3597.61 (-36.32)
S&P CNX Nifty1158.90 (-13.95)
Dollar (Buy/Sell)48.61/48.74

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PMO okays 26 pc FDI in periodicals -- Dailies spared; 100% in advt proposed
THE Government is set to seek the Cabinet's approval for a proposal to permit 26 per cent foreign direct investment (FDI) in the print media for periodicals including weeklies, fortnightlies and monthlies. If approved, this would end a moratorium ... More

ONGC arm seeks nod for stake in overseas fields
ONGC Videsh Ltd (ONGC-VL), the overseas exploration arm of ONGC, has sought the Government's approval to start negotiations for acquiring a 50 per cent stake in a discovered oil producing field in Oman and a 25 per cent stake in another ... More

Bajpai is new SEBI chief
THE Chairman of the Life Insurance Corporation of India (LIC), Mr G.N. Bajpai, is the new Chairman of the capital markets regulator - the Securities and Exchange Board of India (SEBI). Mr Bajpai's selection was approved by the Appointments ... More

`Landless rich' knock more on SBI doors
THE scheme is for the poor, but the response is from the rich! Sounds unusual? But this has been the initial reaction to the Government's populist credit scheme for landless farmers to acquire farmland. State Bank of India, one of the major ... More

IOC Chairman on IBP board after revamp
THE board of IBP Ltd was reconstituted on Tuesday, with the Chairman and Managing Director of Indian Oil Corporation (IOC), Mr M.A. Pathan, appointed as the part-time Chairman of the petro products marketing company. The board revamp has taken ... More

Say it with flowers, the postal dept way
FOR Indians in the Gulf region, reaching out to friends and relatives back home on special occasions will soon become simpler, courtesy the Department of Posts. The Department of Posts has signed an agreement with Emirates Post, which will ... More

Comments & Letters to the Editor to:

Praxis New!

Top Stories
`Landless rich' knock more on SBI doors

Consumer spend on the rise: Study

Govt panel raises hopes for nidhis

Slide in petro consumption slows

Global majors join race for SCI; 12 EoIs received

PMO okays 26 pc FDI in periodicals -- Dailies spared; 100% in advt proposed

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Feb. 10-Feb. 16
Do you know what boss expects of you at work?

Harsh winter for India Inc; only pharma, auto do well

PSU insurers trim third-party cover

ChrysCapital buys 5 pc stake in NIIT -- Seeks FIPB nod for 10 pc more

Schreiber to acquire 11 pc Britannia stake in Dynamix

IA hikes fares on most sectors

Motor risk premiums to go up from April

PPL to set norms for sick PSUs

RBI approves ADR/GDR re-issue

VSNL enters Tata family

Paradeep sold for Rs 151.7 cr

SBI set to cut personal banking product rates

UTI market share dips below 50 pc in Jan

Govt relaxes control on bulk drugs

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