Financial Daily from THE HINDU group of publications
Tuesday, February 05, 2002
Markets (Feb. 4)
BL 2501009.39 (+6.13)
BSE Sensex3317.01 (-16.91)
S&P CNX Nifty1076.90 (-4.75)
Dollar (Buy/Sell)48.53/48.66
Gold Std (10gm)4760 (+65)

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Indian Oil set to acquire IBP
INDIAN Oil Corporation (IOC) is set to acquire a controlling stake in the State-owned petro marketing company, IBP Ltd, according to sources. This follows the Monday meeting of the Committee of Secretaries on Disinvestment, during which the ... More

Corporates may have to pay more for insurance cover
INSURANCE costs for corporates in the country are expected to escalate when premiums come up for renewal for the next financial year. An indication of this trend was available at the bidding for units one and two of the Raichur Thermal Station of ... More

MTNL, BSNL slugfest in basic services allowed
IN a dramatic reversal of stance, the Government has decided to allow public sector telecom majors Bharat Sanchar Nigam Ltd (BSNL) and Mahanagar Telephone Nigam Ltd (MTNL) to compete with each other in basic service operations. According to ... More

Re falls to new low at 48.63
UNEXPECTED dollar demand towards the close of trade on Monday pushed the rupee to its weakest at 48.62/63 to a dollar, 10 paise down from its previous close. Dealers said that there were some stray deals struck after closing hours even around ... More

100 ml brands turn TN tipsy
IT was a deluge waiting to happen. The Tamil Nadu Government's decision to allow 100 ml packs of affordably priced Indian-made foreign liquor is proving to be a hit with the masses. The combined monthly sales of 100 ml bottles touched five lakh ... More

Royal Dutch seeks extension of Hazira pact
THE Royal Dutch Shell group of companies, which is setting up the $190-million (Rs 893-crore) LNG import and regassification terminal at Hazira in Gujarat, has sought the Foreign Investment Promotion Board's (FIPB) nod for the extension of its ... More

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Praxis New!

Top Stories
US accounting industry in for `major overhaul'

RBI Report on Currency and Finance, 2000-01 -- Policy-makers vs econometricians

Banks cement housing loans, boost offtake

S&S Industries exits oil palm business -- TN licence being reallocated to Cauvery Oil

Public sector weathers investment famine

Power Ministry draws up 6-level strategy

Software exports up 25 pc in Q3: Nasscom

Indian Oil set to acquire IBP

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Jan. 27-Feb. 2
Bharti launches NLD operations

Private players set to enter domestic money transfer

$1.3-b overseas borrowings -- Reliance set to pay hefty withholding tax

French tractor major buys out Thapars in 2 ventures

`Railneer' to quench commuters' thirst

Reliance signs licence for long-distance

3 options for insurance development officers

Re loses 12 paise

SBI net goes up three-fold in Q3

GDP growth pared to 4 pc

Cyber criminals face fine up to Rs 1 crore

Tatas, Reliance bid for VSNL

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