Online edition of India's National Newspaper
Wednesday, June 18, 2003
Online edition of India's National Newspaper Wednesday, June 18, 2003 |
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L&T demerges cement businessMUMBAI, JUNE 17. Larsen & Toubro has announced its decision to demerge its cement business into a new cement company (CemCo) in which L&T will hold 20 per cent of the equity. The balance equity is being distributed to the L&T shareholders in ... Sensex at 52-week high on alround purchases MUMBAI, JUNE 17. Powered by alround purchases by foreign funds and operators, stocks rallied sharply, lifting the Sensex to close at a 52-week high at 3431.03 on the Bombay Stock Exchange here today. Grasim, Bajaj Auto, Dr. Reddy's, HDFC, ... Rupee scales 27-month peak MUMBAI, JUNE 17.The rupee breached the 46.60 a dollar psychological barrier and ended the day at a new 27-month high of 46.59/60, driven-up by strong trade and capital inflows and largely helped by a lingering weak dollar overseas. Extending ... Canon 'colours' laser multifunction devices BANGALORE, JUNE 17.The Japan-based imaging leader, Canon, today launched the first laser-based colour multifunction device (MFD) to address the burgeoning Indian market for all-in-one office tools: machines which print, scan, copy, fax and ... Other Stories
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