Financial Daily from THE HINDU group of publications
Wednesday, April 14, 2004

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Infosys sets 3:1 bonus; fires market

INFOSYS Technologies, buoyed by topping $1 billion sales, announced three bonus shares for every share held and a special dividend of Rs 100 per share. The unexpected sops coupled with a guidance that was in line with market expectation, lifted ... More

Shareholders, employees thrilled at `Billion Dollar Day' gift
A person, who invested Rs 95 per share, when the software firm went public in 1993, would have seen his share value exceed Rs 80,000 in just a decade. The company has issued four bonuses till now. More

Sensex up 120 points
EXACTLY a year after rattling investors with gloomy earnings guidance, Infosys Technologies today made it up to them with a surprise bonus and dividend bonanza that set up listless indices for a fresh rally. A three-shares-for-one bonus and ... More

Merchant bankers to form panel to review public issue process
MERCHANT bankers are forming a "core committee" to review the process of public issues and fix definitive responsibilities for each of the intermediaries involved. This was decided in a meeting between the chief executive officers of merchant ... More

Political parties can advertise on TV channels: SC
POLITICAL parties can now advertise freely on television channels with the Supreme Court on Tuesday appointing the Election Commission as the sole authority to certify the ads. A three-judge Bench headed by the Chief Justice, Mr V.N. Khare, ... More

BJP, Congress to raise their poll pitch on TV channels
Departing from the normal practise of deferred payment, the broadcasters are asking political parties to pay up in advance before airing the ads. More

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