Financial Daily from THE HINDU group of publications
Friday, October 04, 2002
Markets (Oct. 3)
BL 2501005.03 (-1.89)
BSE Sensex2938.06 (-21.60)
S&P CNX Nifty948.20 (-7)
Dollar (Buy/Sell)48.31/48.44
Gold Std (10 gm)5310 (+5)

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Naik sings the same tune on divestment — Will NDA agenda prove trump card?
The cheer generated in the pro-divestment group after the Prime Minister's statement on Wednesday may be short-lived. More

It's not a woman's world at the top
WOMEN may be leading from the front in a number of fields, including politics, but India Inc does not seem to believe in their leadership qualities, at least so far as board positions go. How else does one explain the fact that of the 30 top ... More

Depreciation rates cut to 80 pc on tangible assets
THE Finance Ministry has cut depreciation rates on a host of tangible assets — including energy saving devices, air pollution equipment, water pollution control equipment and solid waste control equipment — from 100 per cent to 80 per ... More

SWC hires Mercer to draft HR roadmap
IN a bid to build bridges with employees, liquor major Shaw Wallace has engaged Mercer Human Resource Consulting for evolving and implementing human resource roadmap. The appointment of Mercer, the world's largest human resource consulting ... More

PM brings cheer to PSU scrips
THE stocks of public sector companies rose on Thursday after the Prime Minister, Mr Atal Bihari Vajpayee, said the disinvestment process had not been "halted". Among the major gainers on Thursday were the disinvestment candidates HPCL, BPCL, ... More

No headway in talks with Nestle, Danone: Chauhan
MR Ramesh Chauhan's Bisleri brand remains hot property, the MNC backlash by Coca-Cola India and Pepsi Foods notwithstanding. In an interview to Business Line, Mr Chauhan said that while talks between Parle Bisleri and Nestle India; and ... More

Warrant sought to arrest DSQ promoter
THE Kolkata police have for the first time said they have decided to seek arrest warrants for Mr Dinesh Dalmia, promoter of the DSQ group of companies, in connection with the alleged siphoning out of funds from the Calcutta Stock Exchange. The ... More

States set to re-align draft VAT laws
ALL States are set to re-align their draft legislations on value-added tax (VAT) in line with the Centre's recommendations by the end of this month. The Empowered Committee of Finance Secretaries on VAT, which met here today, arrived at a ... More

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