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| Wednesday, October 22, 2003 |

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Sellers’ siege smothers stocks

A sellers’ siege smothered markets today, cutting short a rally that many said would hoist the BSE sensex atop 5,000 points before the festival of lights ushers in a luminous business calendar. ... | Read..

Companies Bill back on rewrite desk

The cabinet today refused to clear the Companies (Amendment) Bill, 2003, drafted by the Department of Company Affairs (DCA) ... | Read..

RIL skids on leak report

Reliance Industries (RIL) has shut down the fluidised catalytic cracking unit of its 31-million-tonnes-a-year Jamnagar refin ... | Read..

More room for tax appeals

The Union cabinet today approved a draft bill to amend the Central Sales Tax (CST) Act for setting up a Central Sales Tax Ap ... | Read..

Indian Rayon net leaps 66% to Rs 54 cr

Indian Rayon registered a 65.5 per cent rise in profit to Rs 53.59 crore during the second quarter ended September 30, 2003 ... | Read..

Sellers’ siege smothers stocks

Sandvik equity rejig falters
A recent Bombay High Court verdict has dismissed a Sandvik Asia petition on an equity restructu.. | Read..

Cheap tea loans brewing
The government today announced a cut in interest rate on loans to the plantation sector to stimulat.. | Read..

Limited impact of costly steel
A sharp increase in steel prices in the past year has a limited impact on end users, said Crisil... \| Read..

Two-wheeler ride for Continental
Continental AG of Germany, Europe’s second largest automotive tyre maker, today announced its foray.. \| Read..

HM slashes Lancer base model price by Rs 70,000
Hindustan Motors has cut the price of the base model of its premium mid-size car Mitsubishi Lancer .. \| Read..

Sterlite plans $50m bond float
Sterlite Industries Ltd has raised $50 million by issuing foreign currency convertible bonds (F.. \| Read..

Delhi address for Hindustan Copper
Hindustan Copper Ltd will shift its headquarters from Calcutta to the Scope complex in Delhi. The s.. \| Read..

Window of ease in Microsoft Office
Microsoft Corporation India Pvt Ltd today unveiled its latest offering for the Information Work.. \| Read..

DCB plans placement of Rs 130 cr
Development Credit Bank is looking to raise Rs 120-130 crore through private placement of shares by.. \| Read..

Record rise in jewellery exports
The domestic gem and jewellery industry has reported a record growth of 13.61 per cent in April.. \| Read..

Next WTO meet in Hong Kong