Financial Daily from THE HINDU group of publications
Friday, May 24, 2002
Markets (May 23)
BL 2501085.96 (-15.61)
BSE Sensex3114.05 (-61.44)
S&P CNX Nifty1026.75 (-18.55)
Dollar (Buy/Sell)49.01/49.14
Gold Std (10 gm)5270 (-20)

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IOC to divest stake in ONGC, GAIL -- Over Rs 2,500-cr gain seen
INDIAN Oil Corporation (IOC) plans to divest its holdings in Oil and Natural Gas Corporation (ONGC) and Gas Authority of India (GAIL). If it is made at current market prices, the divestment will fetch IOC a profit of a little over Rs 2,500 crore, ... More

War fears weigh on rupee, stocks
THE rupee fell to an all-time low against the dollar even as the equity markets continued to remain in the grip of war fears for the eighth consecutive day on Thursday. Sellers outnumbered buyers driving the BSE Sensex further down by 61 points ... More

Bid for HPCL, BPCL -- Iffco-Kribhco combine ropes in Oman Oil
INDIAN Farmers Fertiliser Cooperative Ltd (Iffco) and Krishak Bharati Cooperative Ltd (Kribhco) have roped in Oman Oil Company (OOC) as a partner for their proposed joint bid to acquire either of the two oil refining majors - Hindustan ... More

UDV unit head bids for brands from own stable
LIQUOR industry veteran, Mr Deepak Roy, in his personal capacity has bid for the domestic whisky brands owned by UDV India Ltd. Such a bid is historic since for the first time in the domestic spirits industry an individual has bid in his own ... More

Sotas offers to plug telecom frauds
TELECOM operators in the country, both basic and cellular, could be losing up to five per cent of their revenues annually due to frauds leading to network leakages and billing inaccuracies. While the world over, telecom companies have woken up ... More

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Top Stories
Beware of pollution from hi-tech gadgets

IOC to divest stake in ONGC, GAIL -- Over Rs 2,500-cr gain seen

Firm trend seen in bullion

Steady growth in consumer durables output: Survey

Grid failure hits western Maharashtra

Is India having an El Nino summer?

Indian Bank posts net profit after six years

In Depth
Inside Kashmir
Guide to derivatives
Looking back
May. 12-May. 18
Bajaj Auto net soars to Rs 521 cr

`CAG audit failed to detect misuse of seamen fund'

Maintaining interest rate on deposits: Detail investment plan to justify 9.5 pc, EPFO told

Flex Industries imbroglio -- Opposition MPs bay for Sinha's blood

Gond used wife's cos to launder kickbacks

I-T benefit denied to BSNL, MTNL

HDFC net up 22.5 pc; to pay Rs 25 dividend

Tata's open offer for VSNL oversubscribed

Suzuki to take wheel at Maruti: Rights issue at Rs 3,280 a share

Qatar Petro seeks nod for airline jt venture with Gesco, UB Air

Sinha denies links with Flex chief: `It was a routine, transparent transaction'

New licensing norms issued: Sharing of bandwidth for call centres allowed

Maruti: Govt assured of Rs 1,424 cr mop-up from public issue

No war — at least for now

Plea to remove farm sector from WTO purview

Urea policy approved: Net impact on industry at Rs 1,033 cr

`Third-party claim losses unsustainable': Oriental Insurance dives for cover

Vanishing cos: `DCA to go for hot pursuit'

`Arbitrary' domestic pricing: Urea units look abroad for cheaper naphtha

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