Financial Daily from THE HINDU group of publications
Thursday, August 15, 2002
Markets (Aug. 14)
BL 2501067.86 (-0.88)
BSE Sensex3020.70 (-15.70)
S&P CNX Nifty969.65 (-6.40)
Dollar (Buy/Sell)48.56/48.69
Gold Std (10 gm)5220 (+20)

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BSNL wants urban losses made good — Seeks to access universal service fund
TELECOM major Bharat Sanchar Nigam Ltd (BSNL) has sought compensation from the Department of Telecommunications (DoT) for its urban uneconomic services, estimated at close to Rs 7,000 crore per annum, which at present fall outside the purview of ... More

Nestle India not under the weather
THE failed monsoon may not give Nestle India's Chairman and Managing Director, Mr Carlo M. Donati "sleepless nights'', even though it would impact the food major. The Swiss major's subsidiary, in its 90 years of existence in India, has seen highs ... More

Kalam calls for water mission
WITH the country faced with the worst-ever drought in the last 15 years, the President, Dr A.P.J. Abdul Kalam, today mooted a "water mission'' that would ensure availability of water across the country throughout the year. "It is paradoxical to ... More

Minimal risk to diabetic drug volunteers: Novo
NOVO Nordisk says ragaglitazar, its drug halted in development, is an extremely promising one; but a decision on resuming human trials with it will be taken only after the first quarter of 2003. This would set back its new anti-diabetic drug ... More

Calcutta HC restraint
MR Justice P.C. Ghose of the Calcutta High Court today directed the Union Government and Indian Oil Corporation (IOC) not to take any step regarding cancellation of petroleum product distributorship without the leave of the court till August 19. ... More

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