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Tuesday, February 25, 2003
Govt. to raise domestic debt to retire ADB, WB loans
MUMBAI, FEB. 24. In line with its decision to prepay certain foreign currency loans of Asian Development Bank and World Bank, the Government will raise domestic debt of Rs. 13,000 crores through two new securities issued to the Reserve Bank of ...
Sensex extends winning streak
MUMBAI, FEB. 24.Select blue chip stocks moved further upwards, led by the top heavyweight Reliance Industries, and the Sensex extended its winning streak to sixth straight session in lacklustre activity on the Bombay Stock Exchange today on ...
Rupee drops sharply against $
MUMBAI, FEB. 24. The rupee declined sharply against the U.S. currency today on fresh month-end dollar demand from corporates and importers at the interbank foreign exchange market. Closing at 47.7450/7550 a dollar, the rupee lost three paise ...
DRL files lawsuit against Pfizer
HYDERABAD, FEB. 24.The pharma-major Dr. Reddy's Laboratories (DRL) has filed a lawsuit seeking declaratory judgment against Pfizer in a U.S. district court regarding its "abbreviated new drug application'' (ANDA) for "Sertraline HCl.'' The ...
Infrastructure growth falls in Jan.
NEW DELHI, FEB. 24.Growth in six critical infrastructure sectors of crude petroleum, finished steel, cement, electricity, petroleum refinery products and coal recorded a growth of only 4.1 per cent in January this year as against 7.1 per cent in ...
Sify ups stake in Wisden Cricinfo
CHENNAI, FEB. 24. With the coming together of Cricinfo and Wisden, cricket's best known online businesses, Nasdaq-listed Internet company Sify has upped its stake in the newly created post-merger entity Wisden Cricinfo. Sify, it may be recalled ...
Agriculture in distress
Thirty years ago hardly a day would pass when the newspapers did not report what was happening to the agricultural sector of the economy. A poor monsoon meant starvation deaths in the countryside and a sharp rise in food prices in the urban ...
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