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  |  Wednesday, September 18, 2002 | Advertise with us
 
 
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Frontpage > Business
Jessop caught in selloff scrum
It’s now the turn of the Bengal Brigade to nix disinvestment minister Arun Shourie’s selloff policy. Ministerial moves are afoot to reverse Jessop & Co’s sale to the Ruias and a Cabinet note has been prepared to revive Bengal Immunity and Be ...  | Read.. 
 
Reality check in revamp of NSE indices
The National Stock Exchange (NSE) today shuffled 50 share-CNX S&P nifty to help its key stock gauge reflect market ...  | Read.. 
 
Globe-trotter Taj aims higher
The Indian Hotels Company Ltd wants to buy a hotel chain to increase its presence in the US, UK and west Europe — its ke ...  | Read.. 
 
India set to go the ‘wi-fi’ way
India is finally joining the wi-fi revolution, which, techno-wizards say, will turn the telecommunications industry on i ...  | Read.. 
 
Raymond goes on the prowl for good buys
Raymond Ltd today said it is exploring acquisition proposals in the textiles and branded menswear segments, while not ru ...  | Read.. 
 
Jessop caught in selloff scrum
Sensex
3103.09
+27.89
 
Stock Indices
BSE-1001525.87(+12.28)
S&P CNX Nifty994.09(+9.15)
Calcutta109.78(+0.91)
 
 
Hero Honda hot on second-hand trail
The second-hand auto market seems to be getting hotter by the day. First it was cars, now it is..  | Read.. 		 HDFC, banking arm in cross-selling pact
HDFC Ltd and HDFC Bank will shortly enter into a commercial agreement for selling each other’s ..  | Read.. 
 
India’s share of FDI in south Asia grows 32%
India cornered a major part of the foreign direct investment inflows to south Asia in 2001 which in..  | Read.. 
 
New life for two LIC plans
Life Insurance Corporation is all set to relaunch two policies —Bima Nivesh 2002 and Jeevan Sam..  | Read.. 
 
Iffco puts riders for stake in Petronet
Indian Farmers Fertiliser Co-operative Ltd has demanded at least 0.5 million tonnes of liquefied na..  | Read.. 
 
Rationalise car tax, says Crisil
Credit Rating Information Services of India Ltd (Crisil) today asked the government to bring do..  | Read.. 
 
I-T raids on Emami offices
The income tax department today carried out search and seizure operations at the offices and produc..  | Read.. 
 
Indian engineering prowess on display Down Under
The Engineering Export Promotion Council (EEPC) will organise a three-day exhibition in Melbour..  | Read.. 
 
IBM, NIIT launch joint scholarships
IBM India and NIIT today joined hands to launch the ‘IBM-NIIT Scholarships’ for IT professional..  | Read.. 
 
BoI to exit mutual fund business, merge arm
Bank of India (BoI) is exiting its mutual fund business. The bank has decided to merge BoI Asse..  | Read.. 
 
DRL to increase research spend
Dr Reddy’s Laboratories is raising its spending on Research and Development (R&D) from 4.5 ..  | Read.. 
 
Plan to hike capacity
Hero Honda plans to set up yet another manufacturing unit to jack up its production capacity. S..  | Read.. 
 
CORPORATE BRIEFS
ICICI arm seals BPO firm deal
Prudential ICICI
Aptech tieup
Mukta Arts
Calcutta Port
Dewan Housing
 
Grasim ups stake in L&T
JPC summons
RBI panels
DPC board
GE centre
VSNL pact
 
Share Prices
NameBSENSE
HLL180.65
(+0.08)		180.45
(+0.06)
ITC668.02
(+0.02)		667.95
(-0.45)
Infosys3669.08
(+109.02)		3668.08
(+108.45)
Reliance261.95
(+4.25)		261.06
(+3.55)
Wipro1350.01
(+53.35)		1348.85
(+49.15)
Zee99.06
(-1.08)		99.45
(-2.03)
Foreign Exchange
US $1 : Rs 48.42UK £1 : Rs 74.18
Euro : Rs 46.07Yen 100 : Rs 39.45
HK $1 : Rs 6.01SW Fr1 : Rs 31.03
Sing $1 : Rs 26.08Aus $1 : Rs 26.02
Bullion
Bombay
Gold Std (10gm)Rs. 5200
Gold 22 CaratNA
Silver bar (1kg)Rs. 7835
Silver PortionNA
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