The Hindu : Friday, September 06, 2002

Online edition of India's National Newspaper
Friday, September 06, 2002

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DoD begins consultations with SEBI, SEC
NEW DELHI, SEPT. 5.The Disinvestment Ministry has begun consultations with the Securities and Exchange Board of India, and the Securities Exchange Commission, U.S., in a bid to align market offering in the aluminium major Nalco, both in India and ...

Issue of tax-free bonds from Oct. 1
NEW DELHI, SEPT. 5.The Union Finance Ministry today notified that tax-free bonds announced by the Finance Minister, Jaswant Singh, on July 31 in Parliament, to encourage savings, would be issued from October 1. The bonds, which will ...

Disallow one PSE from bidding for another — Shourie
MUMBAI, SEPT. 5. The Cabinet Committee on Disinvestment which is scheduled to meet on September 7, regarding the strategic sale of Hindustan Petroleum (HPCL) and Bharat Petroleum (BPCL), will also consider recommendations of the core group of ...

Select IT shares move up on BSE
MUMBAI, SEPT. 5.A smart rally in frontline IT stocks helped the Sensex gain another 8.12 points to close at 3181.47 on the Bombay Stock Exchange today even as late profit-booking pared early sharp gains in a market that showed a mixed fare on ...

ECONOMIC OUTLOOK
India, a dynamic exporter of services?
The main story of India's external balance of payments since the early 1990s is of a rapid growth in income from "invisibles'' like remittances and software exports, not of booming exports or even large foreign capital investment. Income from ...