Financial Daily from THE HINDU group of publications
Thursday, August 28, 2003
Markets (Aug. 27)
BL 2501518.24 (+31.22)
BSE Sensex4205.56 (+53.27)
S&P CNX Nifty1340.30 (+22.10)
US Dollar (Buy/Sell)45.79/45.92
Gold Std (10 gm)5520 (+30)

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Triggered by farm rebound, industrial upturn — GDP growth may top 6 pc: RBI
THE real GDP growth for the year 2003-04 is expected to "significantly exceed" the earlier projection of 6.0 per cent made in the April credit policy, said the Reserve Bank of India in its Annual Report for the year 2002-03. "As per the latest ... More

LIC picks up Harshad's 14.6 lakh Reliance shares
LIC had also bid for the block of ITC shares at around Rs 745 per share but was upstaged by Mr Ashok Samani who took it at the rate of Rs 770 a share. More

Dabur to divest entire stake in jt venture Dabon
FMCG major, Dabur India, plans to divest its entire stake in Dabon International Pvt Ltd, its 50:50 joint venture with the French dairy major, Bongrain SA. While confirming this to Business Line, Mr P.D. Narang, Corporate Director, ... More

CAS rollout in 3 metros may run into rough weather
THE Government's plans of implementing Conditional Access System (CAS) in the three metros of Mumbai, Chennai and Kolkata may run into rough weather with both the Shiv Sena and the Left-ruled West Bengal Government opposing it. While CAS has been ... More

Govt likely to bring drinking water under `food' definition
THE turbulence over pesticide presence in water is far from receding, with the Government likely to come out with an ordinance to bring drinking water under the food category of the Prevention of Food Adulteration (PFA) Act. "Until now ... More

Monsoon showers dampen beer offtake
THE monsoon bounty has sent the brewing industry reeling in the last 60 days. After 12 per cent annual growth in the last two years and notwithstanding a buoyant economic outlook, beer sales have crashed across India starting July, resulting in a ... More

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