Online edition of India's National Newspaper
Thursday, July 18, 2002
Restoring investor confidence
NEW DELHI, JULY 17.The U.S. feels the rapid response to the spate of accounting scandals in major corporates such as Enron, Worldcom and Andersen will help restore investors' confidence in the economy. It did not envisage any joint action, ...
ESC to focus on hardware exports
NEW DELHI, JULY 17. Electronics and Computer Software Export Promotion Council (ESC) plans to press into service a new strategy to enable India to additionally build on its software exports in future by laying extreme focus on development of ...
Ministry questions RIL's drilling in east coast
MUMBAI, JULY 17.The Union Environment Ministry has sought an explanation from Reliance Industries Ltd. (RIL) on drilling for oil and gas in the east coast without the mandatory environment clearance. The issue might affect RIL's $350 million ...
Rupee strengthens further
MUMBAI, JULY 17. The rupee strengthened further against the U.S. currency today on the back of consistent dollar supplies from exporters and fairly good inflow in a moderately active trading on the interbank foreign exchange market. After ...
Stocks continue to rule weak
MUMBAI, JULY 17. Led by Reliance Industries and Hindustan Lever, the Sensex finished in the negative territory, extending its losing streak to the third straight day on the Bombay Stock Exchange today due to fairly heavy sell-off by ...
Bata employees plan strike
NEW DELHI, JULY 17. The All India Bata Employees Federation decided to resort to a one-day strike on July 31 to protest against the sale of the Faridabad and Mokamahghat units of the multinational company to two separate private companies, which ...
How long will the steel price rise last?
By N. N. Sachitanand
BANGALORE, JULY 16.Just when the Indian steel companies, as well as their creditors and shareholders, were beginning to breath easy consequent to the firming up of steel prices during the last six months, J. J. Irani, President of the Steel ...
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