Financial Daily from THE HINDU group of publications
Wednesday, September 24, 2003
Markets (Sept. 23)
BL 2501493.45 (+35.66)
BSE Sensex4231.69 (+79.97)
S&P CNX Nifty1328.20 (+25.30)
US Dollar (Buy/Sell)45.71/45.84
Gold Std (10 gm)5805 (+5)

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Corporate India has its way on co boards — DCA to dilute independent directors clause
BUSINESS houses have a new cause for cheer. In a climb-down of sorts, the Department of Company Affairs (DCA) has decided to relax the proposed norms on composition of boards requiring majority to be independent directors. The proposal was ... More

Star ties up with Tatas for DTH
RUPERT Murdoch-owned Star Television has told the Government that the company has tied up with the Tatas for its direct-to-home (DTH) foray and would launch its services by mid-2004. As per the DTH guidelines issued in 2000 that cap the ... More

Plan for locational pricing of petro products stillborn
THE Petroleum Minister, Mr Ram Naik, is not keen on implementing a differential pricing scheme to allow marketing companies recover higher product prices at coastal locations and lower prices at inland locations, according to official ... More

Refer candidates and get rewarded at IT companies
ANITHA Rajagopal, an `Associate' with Cognizant Technology Solutions (CTS), earned about Rs 2 lakh in the last one year over and above her salary. Not by exercising ESOPs (employee stock options) but by using the company's `employee referral ... More

IPOs worth Rs 10,000 cr likely by year-end
SUSTAINED ebullience of the secondary market and good response to recent initial public offers (IPOs) have raised the hopes of several companies that wanted to raise equity capital from the public but were discouraged by depressed investor ... More

Are we ready for drug trials on a large scale?
EVEN as pharmaceutical giants such as the Pfizers, Lillys and Novartis' wait in the wings to benefit from the gradually evolving environment for clinical trials in India - there still prevails an underlying apprehension on whether the country ... More

Amar Sinha appointed CEO of BDA
THE Kishore Chhabria-managed BDA Ltd has appointed Mr Amar Sinha as the Chief Executive Officer (CEO). He was earlier associated with BDA as an advisor. Mr Sinha has diverse industry experience, having worked with leading companies such as UB ... More

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