Financial Daily from THE HINDU group of publications
Friday, August 08, 2003
Markets (Aug. 7)
BL 2501383.62 (+33.31)
BSE Sensex3806.83 (+65.17)
S&P CNX Nifty1196.95 (+25.90)
US Dollar (Buy/Sell)45.93/46.06
Gold Std (10 gm)5345 (-30)


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Jaswant upbeat on economy — But admits to 'pressure points' on Govt finances
THE Finance Minister, Mr Jaswant Singh, today painted a rosy picture of the economy on account of good monsoon rains, declining inflation levels, modest interest rates, burgeoning forex reserves and buoyant exports, even while admitting to ... More

Rupee touches 3-year high, breaches 46 level
THE rupee today scaled a three-year high against the US dollar, breaching the `psychological barrier' of 46 levels, ending at 45.95/96 per dollar, 10 paise stronger compared with Wednesday's close at 46.05/06, amid surplus dollar supplies in the ... More

Daewoo India plant humming again, but when will cars roll out?
AFTER nearly a year of mothballing, the Surajpur plant of Daewoo Motors India Ltd is humming back to life with 166 staffers being recalled for operational maintenance. Expectation is rising among workers as the buzz around the factory is that the ... More

Fast-food chains say their fizz is safe
IF consumers are having a rethink before washing down their McBurger or Tandoori Pizza with a Coke or Pepsi, fast-food chains are ensuring otherwise. For, even as American soft drinks majors have been caught on the back foot as far as the ... More

Star News gets a breather
STAR News has got a breather again, with the Information and Broadcasting (I&B) Ministry giving a two-week extension. The I&B Ministry is in the process of firming up its views on the uplinking application and will make recommendations to the ... More

Acordis makes open offer for 20 pc of Century Enka
ACORDIS BV, a Dutch company, and its associate Acordis Overseas Investment BV on Thursday made an offer to acquire 20 per cent of the paid-up share capital of Century Enka at Rs 43.58 per share payable in cash. The Century Enka scrip closed at Rs ... More

Now you can SMS for a chocolate — Cadbury, BPL Mobile, E Cube tie-up for venture
CADBURY India Ltd, BPL Mobile and E Cube India today launched an SMS-enabled chocolate vending machine in Mumbai. A BPL mobile customer only needs to send a message to 2233, which will be displayed on the LCD panel of the machine; the machine ... More


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