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Tuesday, August 05, 2003
TCIL plans Rs. 300-400 cr. IPO
NEW DELHI, AUG 4.With several overseas projects in hand, the board of the public sector Telecommunications Consultants India Limited (TCIL) has approved plans to launch an initial public offering (IPO) equal to 25 per cent of its paid up equity ...
Sensex extends gains
MUMBAI, AUG. 4. Equities overcame early resistance and generally moved upwards aiding the Sensex to extend its gains to ninth session in a row on the Bombay Stock Exchange today on fresh buying support from operators on the back of sustained ...
Rupee rallies against dollar
MUMBAI, AUG. 4. The rupee rallied against the U.S. dollar on the interbank foreign exchange market here today on heavy inflow in the form of export booking and closed sharply higher. A sharp fall in dollar against the single European unit, the ...
Wockhardt launches recombinant human insulin
MUMBAI, AUG. 4. Wockhardt today launched India's first recombinant human insulin. This makes Wockhardt the first Asian company to develop, manufacture and market the product. World-wide, there are only three manufacturers of recombinant human ...
Hyundai rolls out Terracan
NEW DELHI, AUG. 4. Hyundai Motor India Limited (HMIL) today entered the sports utility vehicle (SUV) segment of the automobile market with the launch of the Terracan model, even as it conceded that if the strike in South Korea prolonged till ...
A timely warning
The World Bank's warning in its country report that the Indian economy is a great deal more fragile than it looks, because of the mounting fiscal deficit, and the manifest inability of the Central and State governments to muster up the political ...
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