Financial Daily from THE HINDU group of publications
Wednesday, October 09, 2002
Markets (Oct. 8)
BL 2501025.43 (+5.15)
BSE Sensex2973.35 (+20.57)
S&P CNX Nifty960.80 (+6.05)
Dollar (Buy/Sell)48.30/48.43
Gold Std (10 gm)5270 (-20)

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OFFHAND


Salvaging savages
IN MY piece "Metastasising malignancy" (Business Line, August 23), I had drawn attention to the rising instances of indescribable savagery with which murders are committed to settle private or public scores. Any dispute or quarrel, ... More

FINANCIAL SCAN


Raters propose, markets dispose
STANDARD & Poor's, the world's biggest credit rating agency, recently downgraded India's local currency debt to `junk'— enough to make our economic reformers wail that this is our comeuppance for not being serious about the fiscal deficit ... More

REFLECTIONS


Watching life in the bylanes
Sawantwadi feels like the mythic Malgudi, with more men, women and children opting to walk rather than honk around in two-wheelers or cars. More

DOWN TO EARTH


Paddy MSP — Politics, economics and common sense
Used to an ever-increasing MSP, farmers this year were taken aback with the Centre deciding not to raise it. Much is wrong with the MSP, that has caught farmers in a wheat-paddy trap. Politics, rather than economics or common sense, dictates the deci sion, says Sharad Joshi. More

ON MINT STREET


Borrowers have little to complain about
IS Andhra Bank out of the race for Centurion Bank? Some officials in the bank privately confirm the development, but none wants to go on record. Inquiries on Mint Street indicate the public sector Andhra Bank has not yet given its view. None ... More

INSIDE BUSINESS


Sify's sigh of relief
Months of speculation on who would invest in Satyam Infoway ended last week when Satyam Computers announced new strategic investors for the Internet services provider. With fresh cash infusion and a new spring in its step, Sify says it is now time to accelerate its business. V. Rishi Kumar and Vinay Kamath report on the twists and turns in the Sify saga. More

EAR TO THE GROUND


Major fund sells Balaji Telefilms
A leading private sector mutual fund has turned bearish on the Balaji Telefilms , the media company famous for serial names starting with `K'. The talk in the market is that the serials of the company had not been getting good viewership as in ... More

ON THE HEDGE


Buy 170 straddle on L&T
THE following are some buy/sell strategies based on Tuesday's trading in the derivatives segment at the NSE: Equity options L&T: The outlook on the stock appears uncertain. The price projection on the upside is Rs 188.50, and ... More

SENSOR


Infotech, PSU stocks continue upward journey
BUYING in technology stocks and the continuing momentum in PSU stocks on disinvestment hopes ensured that the benchmark BSE Sensex finished in the positive territory for the second consecutive trading day on Tuesday. It closed at 2973.35, a gain ... More
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In Depth
Gender Justice
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Looking back
Sep. 29-Oct. 5
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