Financial Daily from THE HINDU group of publications
Monday, August 18, 2003

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Twinstar seeks to hike holding to 75 pc — Sterlite plan to up foreign stake comes under scrutiny
THE Sterlite Group's plan to increase foreign equity in the flagship company, Sterlite Industries Ltd (SIL), from the present 55.13 per cent to 75 per cent has come under the Government scanner. This is in view of the fact that the company ... More

CII sees positive trend in growth
The only worry, according to CII, is the wholesale price index (WPI)-based inflation that is yet to be tamed. More

Pharma cos plan awareness campaign against fake drugs
AN enlightened consumer may read the fine print to differentiate a `Crocin' from `Crosin'. But no guarantees on whether your paracetamol is, in fact, not talcum powder. Even as the Government seeks to tighten the noose around spurious drug ... More

ONGC staff threaten to boycott MI-172 copters
UNIONS of Oil and Natural Gas Corporation Ltd today threatened to boycott the "unsafe" MI-172 helicopters from August 19. They have also planned `tool down' and `work to rule' agitations at Mumbai offshore installations and offices. A joint ... More

Affordability, heat factor drive room AC sales
"Though ACs still remain a third priority purchase when compared with refrigerators and televisions, the sales have been boosted by the increasing demand in the middle- income group and small offices home-office segments." More

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