The Hindu : Thursday, December 19, 2002

Online edition of India's National Newspaper
Thursday, December 19, 2002

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Software business of HCL Info to merge with HCL Tech
NEW DELHI, DEC. 18.The HCL group today announced a reallocation of business among its group companies to cater to changes in the overseas market environment. The group decided to transfer the software export business of HCL Infosystems to HCT ...

RBI guidelines for securitisation cos.
MUMBAI, DEC. 18. The Reserve Bank of India today issued draft guidelines for securitisation and asset reconstruction companies and said that its role in the new Act would be to suggest conditions and eligibility criteria with regard to grant of ...

Sensex recovers 22 points
MUMBAI, DEC. 18. A smart rally in old economy shares helped the Sensex recover 22.25 points to close at 3333.31 on the Bombay Stock Exchange today following fresh wave of buying enquiries that snapped the two-session downward correction. A ...

Rupee ends at year's new peak
MUMBAI, DEC. 18. Despite dollar-buying intervention by State-owned banks, the rupee continued to strengthen against the U.S. currency today, closing once again at a new high for the current calendar year at 48.1225/1275 a dollar on the back of ...