Financial Daily from THE HINDU group of publications
Wednesday, October 02, 2002
Markets (Oct. 1)
BL 2501006.92 (-16.86)
BSE Sensex2959.66 (-31.70)
S&P CNX Nifty955.20 (-7.95)
Dollar (Buy/Sell)48.32/48.45
Gold Std (10 gm)5305 (+5)

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Suzuki seeks FIPB nod to set up aluminium foundry
SUZUKI Motor Corporation, the Japanese automobile major, is planning to set up an aluminium foundry in India. The company had filed an application with the Foreign Investment Promotion Board (FIPB) last Friday seeking permission to ... More

Big demand for terror-cover
THE fear of terrorism appears to be looming large over the corporate world, with companies joining temples in seeking insurance against terrorism. Several large corporates such as Reliance, Tata Power, IPCL, Haldia Petrochemicals and many ... More

VSNL takes row with BSNL to regulator
VIDESH Sanchar Nigam Ltd (VSNL) has finally approached the Telecom Regulatory Authority of India (TRAI) to intervene in its interconnection spat with Bharat Sanchar Nigam Ltd (BSNL). According to highly-placed VSNL officials, the company has ... More

IOC not keen on stake in Haldia
``We learn that they (HPL promoters) do not want to give management control to one company. They want a professional board to manage the company,'' according to the IOC Chairman and Managing Director, Mr M.S. Ramachandran. More

DoT cancels Koshika licence
THE Department of Telecommunications (DoT) has terminated the cellular mobile telephone service licence of Koshika Telecom Ltd in Uttar Pradesh (East) Circle. The licence to Koshika was granted in December 1995. This follows the Supreme Court ... More

High Court vacates ban on rubber import
THE Bombay High Court has `vacated' the Centre's decision prohibiting import of natural rubber through the advance licence route. "The Court has today vacated the Centre's circular issued in February 1999 and the notification issued later this ... More

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