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Friday, October 04, 2002
Sweat equity: SEBI issues new norms
MUMBAI, OCT. 3.The Securities and Exchange Board of India today said shares issued as sweat equity to employees and directors will have a lock-in period of three years while their pricing should be done according to a formula similar to the one ...
SC reaffirms power tariff rulings
KOLKATA, OCT. 4.In a major development today the Supreme Court has reaffirmed the constitutional validity of the electricity regulatory commission in fixing the power tariff. The Court was delivering its verdict against a petition filed by four ...
Sensex touches new low
MUMBAI, OCT. 3.Battered public sector enterprise stocks, particularly oil sector, attempted a moderate rally even as the Sensex ended near one year low at 2938.06 on the Bombay Stock Exchange (BSE) today on buying interest prompted by the Prime ...
MUMBAI, OCT. 3.The rupee ended barely changed against the U.S. currency today, hovering around eight-month peaks in extremely thin and listless trade at the interbank foreign exchange market. Closing at 48.3575/3625 a dollar, little changed from ...
Fiat launches upgraded Palio version
MUMBAI, OCT. 3.To celebrate the successful completion of one year from the launch of the Palio in September 2001 in India, Fiat India Private Ltd. (FIL) today announced an upgraded range of the model replacing its earlier line-up. The upgrades ...
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