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Sunday, March 16, 2003

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IPOs cheer up the small investor
IF you thought that the initial public offer (IPO) market was dead and small investors were staying away from it, then you could be wrong. In the last one year, the primary market has not only attracted small investors, but has also provided good ... More

Petrol, diesel prices hiked
WITH the possibility of a war in the Gulf region looming large, the consequent northward movement in the global prices of crude is beginning to affect India. The public sector oil companies today announced a hike in the prices of both petrol and ... More

5K PC to bridge the digital divide
IN two weeks' time, the marketing strategy for a new PC, which costs a little over around Rs 5,000, should be ready. Two companies - Via Technologies and NetCore (promoted by Mr Rajesh Jain of the India World fame) are jointly making this ... More

BHP keen to take up diamond exploration
Of late, a number of global mining giants have been taking keen interest in Indian diamond mining that include De Beers, Rio Tinto and BHP. More

HDFC to sell 10% AMC stake to Standard Life
HOUSING Development Finance Corporation Ltd (HDFC) has decided to sell 10 per cent of its stake in its joint venture asset management company (AMC) to its foreign partner - Standard Life UK - and invest up to Rs 65 crore additional capital ... More

A good parent is a good Wiproiite
WIPRO'S HR department is working on a new hunch: a better parent could mean a better employee. In its latest approach to get its 2,000 employees on an emotional high, Wirpo Infotech has launched a personal growth programme - a workshop on ... More

Forex reserves surge $863 m
THE country's forex reserves have surged by $863 million to touch $73.740 billion for the week ended March 7, according to the latest RBI statistics. Forex dealers and analysts ascribe the rise in reserves to the mopping up of dollar liquidity ... More


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