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Tuesday, September 16, 2003
Sensex crashes by 112 points
MUMBAI, SEPT. 15. Persistent heavy all round selling caused share prices to nosedive on the Bombay Stock Exchange here on Monday and the sensitive index plunged by 112.08 points to end at 4193.83. The initial better position was shortlived as ...
Rupee edges up
MUMBAI, SEPT. 15. The rupee ended mildly higher against the U.S. currency today after heavy dollar demand from corporates and importers wiped out most of the sharp early rupee gains, which took it to new three-year peak in volatile trading at the ...
RBI tightens cap on NRE deposit rates
MUMBAI, SEPT. 15. In a further move to eliminate arbitrage opportunities, the Reserve Bank of India today imposed a maximum interest rate of 100 basis points (one per cent) instead of the prevailing rate of 250 basis points (2.50 per cent) above ...
Trade Marks Act, 1999 comes into force
NEW DELHI, SEPT. 15. The Trade Marks Act, 1999 and the Geographical Indications of Goods (Registration and Protection) Act, 1999 have come into force from today which would provide Indian manufacturers an opportunity to avail protection under the ...
Trade and power
There is an old adage that information is power, and two days into the Cancun meeting of the minister of the WTO, its truth has already been amply demonstrated. For perhaps the first time, not excluding even the Doha meeting of two years ago, ...
HSBC named global bank of the year
CHENNAI: HSBC has been recognised as Global Bank of the year for the second year in `The Bank Awards 2003'. This was one of the seven awards presented to HSBC in London on Sunday. In addition to the `Global Bank' accolade, HSBC was named Bank of ...
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