Financial Daily from THE HINDU group of publications
Thursday, February 06, 2003
Markets (Feb. 05)
BL 2501097.04 (-5.18)
BSE Sensex3256.08 (-22.05)
S&P CNX Nifty1047.40 (-7.40)
Dollar (Buy/Sell)47.70/47.83
Gold Std(10gm)6000 (+85)

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Gold touches new high at Rs 6,000
GOLD prices today touched a new high in the bullion market at Rs 6,000 per 10 gm, moving in line with the upturn on international markets on account of renewed war fears. In the overseas markets, gold rose to its highest price in nearly six ... More

BSNL, MTNL owe Rs 900 cr to ITI
BHARAT Sanchar Nigam Ltd and Mahanagar Telephone Nigam Ltd owe ITI Ltd close to Rs 900 crore in dues accumulated over a couple of years. According to official sources, ITI, which has been reeling under heavy losses, has been forced to seek ... More

Plan for defence industrial base: Fernandes
AMIDST a thundering display of some home-made air arsenal at the Aero India 2003, the Defence Minister, Mr George Fernanades, today invited international partners to pick a role in the country's defence sector. With an FDI of up to 26 per cent, ... More

Moody's upgrades ratings for 11 banks, FIs
According to Moody's, this rating is at the same level as its deposit rating since these bonds have more "deposit than debt characteristics". More

World Cup fever catches cricket portals too
THE Cricket World Cup 2003 is just days away - the event starts on February 8 in South Africa. While television channels will provide a wide coverage of the mega event, Internet players including exclusive cricket portals, are not too far ... More

Maruti to launch cheaper Alto
MARUTI Udyog Ltd (MUL), the country's largest car manufacturer, is all set to introduce a stripped-down version of its Alto model this month, in a bid to make it more affordable to the car buyer on a tight budget. An MUL spokesperson, when ... More

Airspace violation: India to take up issue with ICAO
INDIA is to make a formal complaint to the International Civil Aviation Organisation (ICAO) about the manner in which the Karachi Air Traffic Controller allowed a Boeing 757 aircraft of an American company to stray into the Indian airspace, the ... More

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