Financial Daily from THE HINDU group of publications
Friday, September 13, 2002
Markets (Sept. 12)
BL 2501068.61 (+3.32)
BSE Sensex3131.34 (+5.68)
S&P CNX Nifty1001.65 (+2.80)
Dollar (Buy/Sell)48.41/48.54
Gold Std (10 gm)5230 (+10)

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Jalan hopes for early decision on FII cap — Sees little impact from crude price spurt
THE Governor of the Reserve Bank of India, Dr Bimal Jalan, today said he hoped the Government would soon decide on the level of foreign institutional investment (FII) in the banking sector. Speaking on the sidelines of a seminar `Indian ... More

BSNL's broadband offering only in Nov
BHARAT Sanchar Nigam Ltd (BSNL) has put off its broadband offering for its wireline customers across the country by a month. According to official sources, the proposed services which are to include TV broadcast of 40 to 50 simultaneous ... More

PSLV puts Metsat in orbit
THE PSLV-C4 rocket, carrying the 1,060 kg meterological satellite (Metsat), today successfully put the satellite into a geosynchronous transfer orbit (GTO). At 3.53 pm on this hot, sunny afternoon at the Sriharikota launch station, the ... More

SEBI to turn the heat on takeover code violators
COMPANIES or individuals who have acquired shares of other firms by violating the provisions of the takeover code may soon find the Securities and Exchange Board of India (SEBI) divesting such shares either through a public auction or market ... More

Tatas buy out Jardine stake in Concorde
THE Tata group has bought Jardine Motors' 50 per cent stake in its joint venture dealership company, Concorde Motors Ltd, set up to market Indica. Concorde Motors Ltd was set up as a 50:50 joint venture between the Tata group and Jardine Motors ... More

Marcus Childs made MD, Xerox Modicorp
NEW DELHI: Xerox Corporation on Thursday announced the appointment of Mr Marcus Childs as Managing Director of Xerox Modicorp Ltd. Earlier, Mr Childs was the Executive Director and General Manager of Xerox's graphic arts business in the ... More

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