Financial Daily from THE HINDU group of publications
Tuesday, August 06, 2002
Markets (Aug. 5)
BL 2501054.15 (+6.85)
BSE Sensex3011.35 (+26.34)
S&P CNX Nifty963.25 (+8.50)
Dollar (Buy/Sell)48.60/48.73
Gold Std (10 gm)5090 (+20)

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PM scraps petrol pump allotments
IN an attempt to defuse the controversy raging over the alleged irregularities in the allotment of petrol pumps by the Government, the Prime Minister, Mr Atal Bihari Vajpayee, today ordered the cancellation of all allotments of pumps, LPG and ... More

Rain drops enough to bring cheer to markets
WITH parts of the country receiving rainfall in the past two days, the stock markets reacted positively with the stock indices ending higher. Investors were, however, cautious of a weakened sentiment in the international markets casting a shadow ... More

75 pc of districts facing imminent drought
AROUND three-fourths of the districts in the country have received deficient, scanty or no rains at all during the first-half of the monsoon season extending from June 1 to July 31. According to the Indian Meteorological Department (IMD), 208 ... More

Coffee crisis begins to claim victims
IT is a cup that has not only turned bitter but is also threatening to be dangerous. Coffee, a major cash crop until a couple of years ago, has currently turned out to be a loss-making proposition that the growers are now caught on the wrong ... More

DCA appoints outside auditor for Xerox probe
THE Department of Company Affairs (DCA) has appointed the Delhi-based chartered accountants, Surendar K Jain & Co, to investigate whether the management of Xerox Modicorp Ltd is guilty of fraud. This is one of those rare cases where the ... More

It's back to `gully' cricket for Kapil
CARE to crack that ball over the boundary with the Wisden's Indian cricketer of the century bowling to you? Or better still, how about bowling him out with a nasty turn of the leather? Lucky fans of the Haryana Hurricane might just be able to do ... More

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As insurers resort to undercutting — IRDA panel hikes penalty for breach of tariff norms

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