Financial Daily from THE HINDU group of publications
Tuesday, September 30, 2003
Markets (Sept. 29)
BL 2501581.82 (+28.18)
BSE Sensex4402.05 (+19.48)
S&P CNX Nifty1399.95 (+13)
US Dollar (Buy/Sell)45.83/45.96
Gold Std (10 gm)5740 (-10)

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Dunlop hopes to make PF disbursement soon
THE management of Dunlop India Ltd (DIL) expects to begin soon disbursement of provident fund to its erstwhile employees or their families with the head office union of the company allowing it to release some statutory records from Dunlop House , ... More

  • NTPC pays Rs 708 cr as dividend

    PRIVATE PLACEMENT


    Glenmark board okays promoter stake dilution
    THE board of directors of Glenmark Pharmaceuticals Ltd has approved the conversion of debentures issued to CDC Financial Services (Mauritius) Ltd and South Asia Regional Fund into equity shares at a price of Rs 305.42 per share (The scrip closed ... More

    OPEN OFFERS


    Open offer for Devaki Hospital
    THE nephrology team at the Chennai-based Devaki Hospital has made an open offer for 40 per cent of the equity in an attempt to gain management control. The offer is at a price of Rs 11 for each share. The team controls 10.21 per cent of ... More

    MERGERS & ACQUISITIONS


    ONGC to buy Cairn's stake in 2 oil, gas blocks for $100 m
    OIL and Natural Gas Corporation (ONGC) is set to acquire Scottish exploration company Cairn Energy Plc's stake in two oil and gas blocks in Bay of Bengal and Gujarat offshore for around $100 million. As part of the deal, Cairn will get a 15 per ... More

    ALLIANCES & JOINT VENTURES


    SBI inks pact with Apollo Hospitals
    STATE Bank of India (SBI) has entered into separate agreements with the Apollo Hospitals to extend loan assistance for hospital treatment. Addressing a press conference here today after signing a pact with the Apollo Hospitals Enterprise Ltd, ... More

    SICK UNITS


    SPIC turns sick, referred to BIFR
    SOUTHERN Petrochemical Industries Corporation (SPIC) has been referred to the Board for Industrial and Financial Reconstruction (BIFR), consequent to an erosion of the company's net worth to less than 50 per cent of its highest net worth in the ... More

    OUTLOOK


    Tanishq targets Rs 800-cr biz in three years
    BANKING on the Indian woman's penchant for gold jewellery, Tanishq is targeting to double its turnover in the next three years to Rs 800 crore. After three continuous years of posting losses, the company has turned around during last ... More
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    Special dividend hopes lift select PSU stocks


    Debtor days dip for Infosys; rise for Wipro, Satyam

    Rlys takes mega bridges project out of RVNL purview — Seeks World Bank funds

    `Post-2005, watch out for textile tariff barriers'

    In Focus
    Cola Controversy
    The Cable tangle
    Indo-China Relations
    Telecom Competition
    Oil PSUs: Disinvestment dilemma
    In Depth
    In Kashmir
    Simple Economics
    Slowburn
    Tax Talk
    NRIs & Investment Avenues
    Corporate Governance

    Looking back
    Sep. 21-Sep. 27
    Ranbaxy to invest Rs 120 cr in AP research facility

    Hindalco buys second Australian mine

    Shell offers 15% stake to GAIL in Egypt project

    ONGC set to acquire HPCL stake in Mangalore Refinery

    SAIL sees upswing in fortunes, eyes export market


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