Financial Daily from THE HINDU group of publications
Thursday, November 06, 2003
Markets (Nov. 5)
BL 2501762.73 (+1.76)
BSE Sensex5064.91 (-32.93)
S&P CNX Nifty1609.15 (-9.55)
US Dollar (Buy/Sell)45.26/45.39
Gold Std (10 gm)5735 (+45)

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Mid-Term Monetary and Credit Policy
for the year 2003-2004


All insider trading cannot be punished, says SAT — Unfair advantage has to be proved
IN a path-breaking verdict, the Securities Appellate Tribunal has said that a person indulging in insider trading cannot be punished unless proven that he had unfair advantage over other shareholders. The ruling will have far-reaching ... More

TRAI nod not needed to fix basic services tariffs
THE Telecom Regulatory Authority of India (TRAI) has issued a notification, making it free for basic telecom operators to fix the tariffs (except for rural subscribers) without seeking prior approval from it. So far, while cellular and limited ... More

Open skies for Asean — Six southern cities likely to benefit
THE recent announcement of the Prime Minister, Mr Atal Bihari Vajpayee, allowing the designated airlines of the 10-member Association of South-East Asian States (Asean) to operate flights to 18 tourist destinations in India could prove to be a ... More

Tata Motors set to acquire Daewoo truck co for $118 m
TATA Motors Ltd today said that it has signed a binding MoU with Daewoo Commercial Vehicle Co Ltd (DWCV) to acquire the Korean truck manufacturer. "The transaction is expected to close in the next two to three months, subject to a final due ... More

DD News gets aggressive on ad front
IT'S clearly the case of once bitten twice shy. In the highly competitive news channels market, Prasar Bharati is not taking chances and has decided to get aggressive with its marketing plans for the newly launched news channel. For the first ... More

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