Financial Daily from THE HINDU group of publications
Saturday, December 06, 2003
Markets (Dec. 5)
BL 2501827.36 (-25.62)
BSE Sensex5131.72 (-94.18)
S&P CNX Nifty1645.80 (-29.40)
US Dollar (Buy/Sell)45.55/45.68
Gold Std (10 gm)6020 (-20)

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Govt to present `full Budget' in Feb; no vote-on-account
IT'S official now. There will be no early general elections nor is there any plan to present just a `vote-on-account' instead of a full-fledged Budget on February 28. The Finance Minister, Mr Jaswant Singh, told newspersons here today that ... More

Heavy selling drives Sensex down 94 points
HEAVY selling in pivotal stocks brought down major indices of the Bombay Stock Exchange (BSE) as well as the National Stock Exchange (NSE) on Friday. The 30-share benchmark of the BSE lost more than 94 points or 1.8 per cent to close at ... More

Essar Oil finalises Rs 1,300-cr bond issue to ABB, promoters
Thebonds carry an interest of 5 per cent per annum and the conversion price has been fixed at Rs 12.40 per share having a face value of Rs 10 each. More

BJP poll triumph seen as booster for reforms
THE unexpected sweep to power by the Bharatiya Janata Party to the three Assemblies of Madhya Pradesh, Chhattisgarh and Rajasthan has provided the much-needed springboard for the Prime Minister and his team at the Centre to expedite ... More

Vedanta debuts on LSE at a small discount
VEDANTA Resources Plc, the holding company of the Aggarwal's Group's Sterlite Industries India Ltd, made its debut on the London Stock Exchange on Friday, with the shares quoting at a marginal discount from the offer price of 390 pence per share ... More

SBI plans to buy loan portfolios
STATE Bank of India's management intends to seek its board's permission to buy securitised paper — loan assets from other financiers, the bank's Managing Director Mr P.N. Venkatachalam, has said. AT an informal meeting with presspersons ... More

GM to increase Corsa, Optra prices
GENERAL Motors India today announced a two to three per cent increase in the prices of its Opel Corsa and Chevrolet car models from January 1. Mr P. Balendran, Vice-PresidentI, said that while the prices of Opel Corsa models would go up by Rs ... More


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In Focus
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Insurance Round-up — 2003
Organic farming
The Cable tangle
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Oil PSUs: Disinvestment dilemma
Rising intolerance
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Vaishnavaite Temples in Tamil Nadu
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Saivite Temples in Tamil Nadu
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