Financial Daily from THE HINDU group of publications
Friday, June 14, 2002
Markets (June 13)
BL 2501150.99 (-8.77)
BSE Sensex3311.16 (-33.25)
S&P CNX Nifty1082.85 (-9.95)
Dollar (Buy/Sell)48.96/49.09
Gold Std (10 gm)5230 (-30)

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FI, bank funding of projects worth Rs 50,000 cr -- Special purpose vehicles for infrastructure likely
FINANCIAL institutions and banks are considering the setting up of special purpose vehicles (SPVs) to fund infrastructure projects worth close to Rs 50,000 crore over the next four to five years. All financial institutions barring the troubled ... More

GMR to invest Rs 80 cr in ING Vysya Insurance
IN a significant move, GMR Technologies & Industries Ltd (GMR-TIL), the Hyderabad-based Rs 161-crore flagship of the over Rs 2,000-crore GMR group, has decided to invest funds to the tune of Rs 80 crore in ING Vysya Insurance, the life insurance ... More

Telecom panel clears plan to demerge VSNL surplus land
THE Telecom Commission has cleared the proposal to demerge the surplus real estate of 773.13 acres owned by Videsh Sanchar Nigam Ltd. (VSNL) and spin it off into a separate company. According to official sources, valuers will now be appointed ... More

TRAI seeks to limit number of tariff plans
THE Telecom Regulatory Authority of India (TRAI) has decided to limit the number of tariff plans announced by service providers in order to help the subscribers make a more "meaningful choice''. Accordingly, the authority has notified the ... More

Jalan hopeful of 6.5 pc growth
THE Reserve Bank of India Governor, Dr Bimal Jalan, has said that the economy could register a growth of six to 6.5 per cent for 2002-03 on the back of a good monsoon, well in line with the projections made by the central bank earlier. He told ... More

i-flex issue price fixed at Rs 530
I-FLEX Solutions Ltd has fixed the issue price at Rs 530 for Rs 5 face value share. The issue price is the same as the base price fixed for book-building. The issue has been oversubscribed 2.72 times. In a statement today, the company said ... More

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Top Stories
Product-specific safeguard duty on Chinese goods in offing

An initiative to recycle PET bottles

ICICI Bank unveils `HomeSafe' cover

FI, bank funding of projects worth Rs 50,000 cr -- Special purpose vehicles for infrastructure likely

Roping in BSE, Apeda, SSI Tech -- BCE forms consortium to bid for multi-commodity futures

CESC falters on FRN interest

Reforms in India and China -- Policy regimes make the difference

In Depth
Gender Justice
Simple Economics
Guide to derivatives

Looking back
Jun. 2-Jun. 8
Exports recover, up 18% in April

Petrol price hike likely on Monday

Rs 1,000 - cr private placement -- CVC to look at UTI's Reliance exposure

Rs 9,063-cr shortfall in tax revenue -- Fiscal deficit overshoots target by Rs 4,490 crore

Govt hikes petrol, diesel prices; cuts excise duty

War fears delay Bharti, Data Access ILD plans

Visa troubles cause worry in travel, tourism industry

ORG pegs BPL on top; LG differs

`Dramatic turnaround' for Tata Engg in Q4

Uncle Sam to look over students' shoulders

Projects facing time overruns must be treated as NPAs: RBI

West coast ports are `unsafe destinations' -- Insurers impose war-risk premium on foreign ships

Indian promoters of pvt banks can hold 49 pc

BoI to cut 5,000 more jobs -- Second VRS in another 3 months

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