Online edition of India's National Newspaper
Tuesday, December 02, 2003
Online edition of India's National Newspaper Tuesday, December 02, 2003 |
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High taxes affecting IT penetration: study NEW DELHI, DEC. 1.Poor IT penetration will soon start affecting other sectors of the economy and price drops are imperative for growth of the market since the grey market is flourishing on high domestic taxation rates in India, warns a recently ... Insider trading will be curbed, says FM NEW DELHI, DEC.1.The Union Finance Minister, Jaswant Singh, today assured that all necessary steps would be taken to curb insider trading in the stock markets. Responding to suggestions made at the parliamentary consultative committee attached to ... India is on the rise: BusinessWeek NEW YORK, DEC.1.India and its millions of engineering graduates are being enmeshed in America's New Economy quietly, but with breathtaking speed, according to BusinessWeek. The New York-based news magazine, in a laudatory cover story, ... 
Sensex up 116 pointsMUMBAI, DEC. 1. The Bombay Stock Exchange sensitive index rallied by a whopping 116.03 points and closed at a new 47-month high of 5160.85 today due to frenzied buying by foreign institutional investors and domestic funds. The spurt in the Sensex ... 
Rupee surges against $MUMBAI, DEC. 1. Buoyed by strong bunched up weekend dollar supplies amidst receding demand, the rupee surged by 12-1/2 paise to end at a ten-day high of 45.7250/7350 a dollar today, helped partly by a distinctly weak dollar against major global ... Debt funds to give lower returns MUMBAI, DEC. 1. Though interest rates have now dropped to historic lows, any further downward movement cannot be anticipated at this point. A cross section of investment experts and fund mangers while speaking to The Hindu agreed to the ... Other Stories
Barometer Briefly Boeing CEO resigns CHICAGO, DEC.1.Boeing Co. Chairman and Chief Executive, Phil Condit, resigned on Monday, and the company said Harry Stonecipher, who retired last year, will come back to run the massive aerospace company. The company said in a statement its ... Block deals in ICICI Bank shares MUMBAI, DEC. 1.Two block deals were reported today in ICICI Bank as 4.3 per cent of equity shares of the bank changed hands on the Bombay Stock Exchange in opening trades. These deals involved 2.14 crore shares and another around 50 lakh shares ... Other Stories
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