The Hindu : Wednesday, October 22, 2003

Online edition of India's National Newspaper
Wednesday, October 22, 2003

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Entry level: Maruti will retain its dominance
HAMAMATSU (JAPAN), OCT. 20.Maruti Udyog Limited (MUL) is confident that it would defend its dominance in the entry level car segment (now controlled by Maruti 800) should there be a challenge to its number one status from any ...

Sales Tax Act to be amended
NEW DELHI, OCT. 21. The Centre today decided to create 10 additional benches of the Income Tax Appellate Tribunal (ITAT) to speed up the disposal of pending cases, and to amend the Central Sales Tax Act in respect of an Appellate Authority. It ...

Microsoft unveils Office 2003
NEW DELHI, OCT. 21.In conjunction with the worldwide launch, Microsoft India today unveiled its latest offering Microsoft Office System whose core is the Office 2003. The Microsoft Office System includes programs, servers, solutions and services. ...

Sensex crashes by 96 points
MMBAI, OCT. 21. The benchmark crashed today by 95.95 points to end at 4727.43 as share prices continued to decline steeply due to increased heavy bouts of profit selling by operators and domestic funds on the Bombay Stock Exchange. The BSE-30 ...

Rupee gains against $
MUMBAI, OCT. 21. Strong portfolio and trade inflows helped the rupee rally against the U.S. currency today even as renewed corporate and import dollar demand limited its gains in moderately active trading at the interbank foreign exchange ...

Biocon to raise $100 m
BANGALORE, OCT. 21. Biocon India, the Bangalore based enzymes and bulk drug maker, will raise $100 million, mostly in debt money, to invest in expanding business and building modern production facilities over the next three years, sources ...

India's gesture to Bangla cement exporters
DHAKA, OCT. 21.New Delhi has agreed to relax testing requirements for Bangladesh's cement in response to Dhaka's concern over the non-tariff barrier that discouraged cement exports to India's northeastern States. The Bureau of Indian Standards ...