Thursday, June 8, 2000



Silicon Valley Saga Series


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Rupee falls to 44.75 again
The rupee on Wednesday came close to breaching its lowest level of 44.75, but recovered marginally on some verbal enquiries by the RBI coupled with dollar sales by large state-run banks.




Rediff.com paints grim picture of its financials
Indian internet firm Rediff.com, which is planning to raise $ 75 million from the Nasdaq, has painted a grim picture of its financials in the coming years.




Market voltile, Sensex up marginally
Shares moved up further on the BSE on Wednesday with small gains after moving both ways with buying seen in select stocks. Satyam Computer was the star performer for the second day in a row, buoyed by talk the firm was on the verge of clinching a big order.




Other headlines

Sugar shortage hits Pak markets
IPCL profit jumps 30.35 pc
BA, KLM embark on rocky road to merger
ICICI to expand net services
Tech fund for small scale industries
Oil PSUs divestment not
Ten exchanges to create global stock market
Centurion Bank to launch new e-products
SEBI to relax listing norms for dotcom cos
Cabinet may take up VSNL, MTNL privatisation on June 23
Sinha vs Paswan fight, not quite in the open yet
BSE to start futures on June 9
Cellphone users at risk from new virus


 
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