Financial Daily from THE HINDU group of publications
Thursday, February 21, 2002
Markets (Feb. 20)
BL 2501107.36 (-7.70)
BSE Sensex3558.21 (-39.40)
S&P CNX Nifty1145.95 (-12.95)
Dollar (Buy/Sell)48.58/48.71
Gold Std (10 gm)4890 (-80)

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SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'
SEBI said the case arose from allegations that Mr Mallya had transferred approximately 27 per cent of his shareholding (held in the name of various investment companies) in Herbertsons to the Kishore Chhabria group in 1993, bringing his shareholding down to 21.38 per cent. More

Reliance, Bharti among 5 to get letters of intent for ILD
THE Department of Telecommunications (DoT) has issued letters of intent (LI) to five companies - Reliance, Bharti, Data Access, Connecting Networks and Pacific Net Invest - for starting international long-distance services, which are being ... More

Tata Engg writes off Rs 1,180 cr
THE board of Tata Engineering on Wednesday approved a Rs 1,180-crore write-off from the value of investments and fixed assets. This will be adjusted against the surpluses in the Securities Premium Account. The approval is part of a financial ... More

DCA probing 6 Reliance cos
THE Government has ordered the inspection of books of accounts and other records of six Reliance group companies, including the flagship Reliance Industries Ltd (RIL), based on a complaint by Mr Rashid Alvi, Member of Parliament, according to ... More

PCOs to reinvent themselves -- With a little help from IT giants
BELIEVE it or not. The who's who of the international and Indian IT companies have rushed to the rescue of the 12 lakh STD/PCO operators across the country who have suffered a sharp fall in their revenues following the sharp downward revision in ... More

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Praxis New!

Top Stories
Pranab prescribes spending spree to spur demand

SEBI throws the book at Mallya, Chhabrias -- `Divest wrongfully acquired shares in Herbertsons'

TRAI's green signal for Net telephony from April

PSU general insurers chart phased revamp

Farming technology fills in for child labour

Reliance, Bharti among 5 to get letters of intent for ILD

Unilateralism running amok -- Stop US before it wreaks havoc

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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