Financial Daily from THE HINDU group of publications
Wednesday, February 19, 2003
Markets (Feb. 18)
BL 2501106.71 (+2.91)
BSE Sensex3289.09 (+6.64)
S&P CNX Nifty1059.30 (+1.10)
Dollar (Buy/Sell)47.67/47.80
Gold Std (10 gm)5620

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Well-heeled too get car discounts
IT'S not just the penny-pinching, price-conscious buyers of compact cars who get fabulous deals these days. Well-heeled businessmen and top-level executives are equally pampered with huge discounts on high-end luxury cars as sales of these status ... More

Ministry hopeful of meeting tax targets
THE Finance Ministry is hopeful of meeting the budgeted tax collection targets for the current fiscal year, the Minister of State for Finance, Mr G.N. Ramachandran, said here today. He said that harsh action would have to be taken on tax evaders ... More

VSNL woos cell operators — Goes a long distance to shore up revenues
FACED with steadily declining revenues from its international voice services, telecom major Videsh Sanchar Nigam Ltd (VSNL) is now wooing the private cellular operators to wean their long-distance traffic away from competitors Bharti Telesonic ... More

Strike call may affect air services tomorrow
AIR services in the country could be disrupted on Thursday with the Air Corporation Employee's Union (ACEU) threatening to launch protest action on that day against the Government decision to tax the free and concessional passes which are given ... More

Yamaha picks component suppliers
AS part of its strategy to make India into a component hub for the company, Yamaha Motor India has selected several local suppliers and begun exports of components to a few Yamaha subsidiaries in other global markets. "We have already selected ... More

TVS stresses on importance of TQM
AS a recipient of prestigious international awards such as the Deming award and the Japan Quality Medal, the TVS group found it natural to hold forth on the importance of Total Quality Management (TQM) at a felicitation function organised by the ... More

Tata Fin seeks shareholder nod for pvt placement
THE board of Tata Finance Ltd (TFL) has sought the approval of its shareholders for issuing cumulative redeemable preference shares of up to Rs 200 crore on a private placement basis. In a notice to the Bombay Stock Exchange, the company has also ... More

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