Financial Daily from THE HINDU group of publications
Friday, January 03, 2003
Markets (Jan. 02)
BL 2501136.16 (+0.04)
BSE Sensex3365.06 (-25.06)
S&P CNX Nifty1093.05 (-7.10)
Dollar (Buy/Sell)47.97/48.10
Gold Std (10 gm)5580 (+320)

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Cell cos slash STD rates to Rs 2.99
OVER 10 million mobile subscribers have cause for cheer. As expected, the cellular operators have announced a steep cut in national long-distance tariffs to a flat rate of Rs 2.99 per minute, anytime, anywhere for all mobile-to-mobile calls of 50 ... More

`Near' is dearer
THE "one rate plan" announced by the cellular operators, while appearing to lower the STD bills of subscribers, may actually pinch the pockets of many - - especially those making STD calls for distances below 200 km. So far, subscribers ... More

Special or interim, it's slick gain for Govt
THE Damocles' sword of special dividend that was hanging over the heads of the oil companies has struck. How bad the wound is would soon be known when the oil companies finalise their dividend quantum. In what appears to be a response to the ... More

Fog blankets Delhi; flights delayed
LIFE in the Capital was thrown out of gear on Thursday with a thick fog cover affecting normal life. Airline and train operations were the worst affected, with both trains and planes arriving and departing well past their scheduled ... More

Ministry to ensure sops for textiles
THE Union Textile Minister, Mr Kashiram Rana, has said that his Ministry would ensure that the textile industry, possessing the twin advantages of generating higher employment and earning enhanced foreign exchange through focused and sustained ... More

Magnetic train makers may explore new markets
The Transrapid consortium, comprising Siemens, Thyssen Krupp and the German Government, has high stakes riding on the Chinese maglev train as it hopes to introduce the technology in the US and other markets. More


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