Financial Daily from THE HINDU group of publications
Wednesday, December 25, 2002
Markets (Dec. 24)
BL 2501120.72 (+6.80)
BSE Sensex3352.77 (+23.16)
S&P CNX Nifty1085 (+9)
Dollar (Buy/Sell)47.98/48.10
Gold Std (10 gm)5600 (+25)

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wishes its readers


Rush of cars coming to drive you crazy
CAR lovers have reasons to cheer. The next calendar year is slated to see over 20 launches in the domestic market across categories ranging from sports utility vehicles to sedans, to premium-end vehicles and, may be, even a couple of small cars ... More

Route rationalisation — Domestic airlines to give global peers a hard time
INTERNATIONAL airlines flying in to India may soon face more competition from both Air India and Indian Airlines. Official sources told Business Line that the route rationalisation plan being drawn up by A.T. Kearney would try and ... More

Crucial L&T board meet likely in Jan
THE board meeting of Larsen & Toubro to consider the demerger of its cement division will now be held sometime in early January, according to a senior company official.It was widely expected that the board would meet on December 28 to take up ... More

Guidelines for UTI-II sponsors on cards
THE Government will work out policy guidelines within the next few months to avoid a conflict of interest involving the sponsors of UTI-II who have promoted mutual funds earlier, according to senior Finance Ministry officials. The decision to ... More

Polaris officials get back passports
THE Polaris Software Labs CEO, Mr Arun Jain, and the Senior Vice-President, Mr Rajiv Malhotra, have got back their passports from the Indonesian authorities and were expected to arrive here later tonight by a Singapore Airlines flight. The two ... More

Great Eastern among 22 FDI plans okayed
THE Commerce and Industry Minister, Mr Arun Shourie, has approved 22 proposals of foreign direct investment (FDI) amounting to Rs 46 crore. These proposals have been cleared on the basis of the recommendations of the Foreign Investment ... More

Computer Sciences thinks big on India
AS he looks out from his second floor office to a dusty road in Noida, Dr Arun Maheshwari recalls a terrible accident that had snatched one of his men. He complains about rash driving, damaged and non-functional traffic lights and crowded streets ... More

Promotion council for SEZs, EOUs
THE Government today announced the setting up of a separate Export Promotion Council (EPC) for 100 per cent export-oriented units (EOUs) and units in the Special Economic Zones (SEZs), even though there is already an exclusive umbrella ... More

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