Financial Daily from THE HINDU group of publications
Saturday, September 06, 2003
Markets (Sept. 5)
BL 2501581.68 (+25.11)
BSE Sensex4369.17 (+58.66)
S&P CNX Nifty1398.40 (+25.70)
US Dollar (Buy/Sell)45.84/45.97
Gold Std (10 gm)5635 (-20)


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SEBI norms in place for ombudsmen — To redress investor woes
The SEBI regulations have spelt out the grounds on which an investor may make a complaint to an Ombudsman. More

JK Ind to leverage on benefits from recast — Vikrant Tyres merger completed
J.K. Industries Ltd (JKI), flagship company of the Hari Shankar Singhania Group, on Friday announced the completion of a comprehensive restructuring exercise of its businesses that has led to its emergence as a pure automotive tyre ... More

Wipro to hire 6,000 software engineers
WIPRO will be going on a recruitment drive, having drawn up plans to recruit 6,000 software engineers and another 3,000 personnel for IT-enabled services such as BPO services and call centres, according to Mr Azim Premji, Chairman, Wipro. He ... More

Air India launching multilingual Web site
THE national carrier, Air-India, is planning to launch a multilingual Web site shortly. According to a spokesperson, the Web site would be launched in various international languages in an attempt to improve customer interaction. The facility ... More

Cell phones may soon turn personal assistants
PEOPLE have pet peeves about cell phones, the two most common being that their use invariably proves more expensive than they thought it would and that they are disruptive when used - always by others, of course - in an inappropriate place ... More

Tata Chem not to bid for NFL
TATA Chemicals Ltd (TCL) on Friday informed that it had decided not to submit a formal bid for National Fertilizers Ltd (NFL) and an official letter to this effect was sent prior to the closure of the bidding process. When contacted, Mr Prasad ... More

StanChart's plan for 100% NBFC gets clearance
THE Government has allowed Standard Chartered Bank to set up a 100 per cent wholly owned non-banking financial company (NBFC) in the country. Standard Chartered's Rs 250-crore foreign direct investment (FDI) proposal was among the 11 cleared by ... More


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