Financial Daily from THE HINDU group of publications
Thursday, February 19, 2004

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Feel good! Global mutual fund products soon at your doorstep
SO what if you are living in New Delhi, your money could be growing in New York! Global mutual funds and insurance schemes will soon be available to local investors. Fund houses are in the process of empanelling distributors to enable them ... More

IPCL floor price set at Rs 170 per share — Retail investors to get 5 pc discount
THE Government has set a floor price of Rs 170 per share for IPCL and will offer a five per cent discount to the retail investors in the forthcoming public offer for sale of 29 per cent of its residual stake in the Reliance-controlled ... More

Another steel price hike in the offing
ANOTHER round of hike in steel prices is round the corner. According to industry sources, primary steel producers are planning to increase the prices of hot-rolled steel from around the middle of next week. This time, the increase is expected to ... More

Tata Motors acquires Daewoo Commercial for Rs 465 crore
TATA Motors Ltd on Wednesday announced the signing of the investment agreement to acquire Daewoo Commercial Vehicle Co Ltd (DWCV) for a total price of KRW 120 billion, approximately $102 million or Rs 465 crore. "This is a major step for Tata ... More

Companies comfortable driving this outsourcing business
THERE is an outsourcing business that is growing without anybody getting hot under the collar. As companies include cars in executives' compensation packages, attendant issues such as locking money to buy cars and handling maintenance have ... More

EoIs invited for Delhi, Mumbai airports revamp
THE dream of India having world-class airports has moved a step closer to becoming reality. The Government has invited expression of interest (EoI) for restructuring and modernisation of the airports in Delhi and Mumbai through private sector ... More

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