Financial Daily from THE HINDU group of publications
Wednesday, May 21, 2003
Markets (May 20)
BL 2501091.60 (+13.71)
BSE Sensex3062.92 (+19.03)
S&P CNX Nifty971.55 (+5)
Dollar (Buy/Sell)46.86/46.99
Gold Std (10 gm)5725 (+120)

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Who's buying into Daewoo India?
Even as the court-appointed liquidator has taken possession of the assets of Daewoo Motors India Ltd (DMIL), there is a sudden buying interest at the Daewoo counter, albeit without a corresponding increase in the price. On Monday, even while ... More

After 128 years, BSE gets ready for new name, structure
MEMBERS of Asia's oldest stock exchange, The Stock Exchange Mumbai (popularly known as the BSE), are expected to change the 128-year-old exchange's legal structure and name and call it BSE Ltd in keeping with its new corporate identity. The new ... More

Centurion's public issue likely in Q3
CENTURION Bank expects its proposed Rs 65-crore rights-cum-public issue to hit the market by the third quarter of the current financial year, the Chairman and Managing Director, Mr V. Janakiraman, said. Post-issue, the capital adequacy ratio ... More

Rupee vaults 9 paise more
The absolute lack of demand for the greenback from corporates, and muted activity on the part of the central bank in mopping up the dollar liquidity led to the spurt in the domestic currency today, said currency dealers. More

North Block recast for a trim look
A FEW more heads are likely to roll in North Block very soon. With his maiden Budget sailing through Parliament with minor amendments, the Finance Minister, Mr Jaswant Singh, has now taken up in right earnest the task of putting his house in ... More

Deutsche Asia among FDI plans cleared
DEUTSCHE Asia Pacific Holdings Pte Ltd's proposal to set up a subsidiary company for stock broking activities in India with 74 per cent foreign equity involving foreign direct investment (FDI) worth Rs 24 crore was among the FDI proposals cleared ... More

Print ads score over TV for womenswear
TELEVISION advertising may be the FMCG industry's hot favourite, but when it comes to the ready-to-wear industry, the scales are tipped in favour of print advertising. Topline findings of a research study by Images magazine, covering a ... More

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