Financial Daily from THE HINDU group of publications
Friday, January 31, 2003
Markets (Jan. 30)
BL 2501090.79 (-4,03)
BSE Sensex3219.88 (-18.14)
S&P CNX Nifty1034.60 (-2.60)
Dollar (Buy/Sell)47.76/47.89
Gold Std(10gm)5830 (-85)

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FIIs pay premium for SBI shares
EVEN as the Government is contemplating increasing the foreign investors' holding in State Bank of India (SBI), foreign institutional investors (FIIs) are paying premium to the ruling market price to buy shares of the country's largest bank. A ... More

Shourie seeks status report from BSNL, MTNL
GETTING down to business, a day after being sworn in as Communications Minister, Mr Arun Shourie, has sought a status report from Bharat Sanchar Nigam Ltd (BSNL), Mahanagar Telephone Nigam Ltd (MTNL) and the Telecom Commission by the weekend so ... More

VSNL in talks with Bharti for sharing infrastructure
THEY may be rivals in the international space, but are sure shaking hands on domestic ground. Even as it is trying hard to ward off competition from the Bharti group to retain its dominance in the international long-distance (ILD) sector, ... More

Sify plans to go for Indian listing
SIFY Ltd is looking at an Indian listing. "Though it is too early to give a time frame or the size of the listing, the item is on our agenda," the company's CEO and Managing Director, Mr R. Ramaraj, told Business Line. "If we do the ... More

Sterlite to hive off copper business
STERLITE Industries India Ltd has decided to hive off its copper business and its investments to a new company. The residual Sterlite company will retain power transmission line, aluminium conductor and other non-metal assets in the company. ... More

Saurav team to sport Sahara's Amby Valley logo
DON'T be surprised to see your men in blue sporting a new logo when they step on the cricket field next month in South Africa. In a decision formally conveyed to Sahara India on Thursday, the International Cricket Council (ICC) has allowed the ... More

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Govt files appeal to vacate stay on TMCO

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