Financial Daily from THE HINDU group of publications
Friday, July 04, 2003
Markets (July 3)
BL 2501298.22 (+6.21)
BSE Sensex3639.89 (+38.50)
S&P CNX Nifty1144.65 (+10.85)
Dollar (Buy/Sell)46.35/46.48
Gold Std (10 gm)5380 (-10)

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OFFHAND


War on Big Four
THE Chartered Accountants Action Committee (CAAC) has sounded the tocsin and declared war on the Big Four auditing firms spreading their tentacles in India. Ernst & Young, Price Waterhouse Coopers, Deloitte Touche Tohmatsu and KPMG figure in its ... More

SLOWBURN


Forgetting consumers
WHY IS it that every time our Government steps into "rectify" a situation it becomes an even bigger mess? I know most governments make a mess of things but ours seems specialise in confusing everyone involved, including itself. No one in Delhi ... More

FOCUS


For BAL, it's a case of defending leadership, margins
ANNOUNCING Bajaj Auto Ltd's 2002-03 results in mid-May 2003, brothers Rajiv and Sanjiv Bajaj seemed an optimistic duo. Post-tax earnings were up 3.32 per cent at Rs 538 crore in the motorcycle market which was feared to decelerate and ... More

EAR TO THE GROUND


Fear of numbers hits Infosys
THE Infosys counter witnessed heavy selling on Thursday as investor anxiety rose with speculation on likely numbers when the technology leader announces its first quarter performance on July 10. Stock market sources said the Government of ... More

ON THE HEDGE


BHEL: Outlook negative; buy July 270 puts
THE following strategies are based on Thursday's trading at the derivatives segment on the NSE: BHEL: The outlook on this stock is negative. The downside price target is Rs 255. The upside risk level is Rs 290. Consider buying the July ... More

SENSOR


Techs lose out; bank, pharma stocks move up
STOCK prices of pivotals continued to defy gravity and registered a rise on Thursday on the back of robust trading volumes. The BSE Sensex opened firm on Thursday only to lose ground as the stock price of Infosys Technologies nosedived. ... More
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In Focus
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Pakistan Diary
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Telecom Competition
Oil PSUs: Disinvestment dilemma
NPAs in Banking
In Depth
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Gold: Still the winner?
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Books and Reviews
Looking back
Jun. 22-Jun. 28
Subsidy plays part in urea co financials


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