Rediff Logo Business Banner Ads
Find/Feedback/Site Index
HOME | BUSINESS | ARCHIVES

NEWS & MARKETS
COMMENTARY
INTERVIEWS
SPECIALS
CHAT

January 1998

• January 31, 1998
Railway Board a thorn in Konkan Railway flesh
NSE: 963.45; Nifty gains 22.10 points

• January 30, 1998
'Asian crisis caused capital flows to drop'
Delhi HC stays appointment of minerals trading body's CMD
Forex: Rs 38.73-75; Rupee holds ground
BSE: 3224.36; Sensex rises, finally, by 14.81 points

• January 29, 1998
Salman for lunch! A Planet Bollywood in the making
Big plans for Mormugao port
Forex: Rs 38.75-80; Rupee plunges by 41 paise
BSE: 3209.55; Sensex still dropping, sheds 66.66 points
NSE: 944.80; Nifty falls 18.5 points

• January 28, 1998
Union govt to consult Abdul Kalam on Bhadravati project
Forex: Rs 38.34-39; Rupee gains 30 paise
BSE: 3276.21; Sensex plummets 75 points
NSE: 963.30; Nifty falls 23.5 points

• January 25, 1998
Vive la France! French seek new traders image
Stocks weekly review: BSE, NSE depressed

• January 24, 1998
Goans divided over free port zone
Delhi HC dismisses Swamy's revised plea against Chidambaram
Forex: Rs 38.72-75; Rupee holds steady
BSE: 3351.21; Sensex loses 29.09 points
NSE: 986.80; Nifty drops 5.55 points

• January 23, 1998
GM goes small, to launch Opel Corsa
Forex: Rs 38.70-72; RBI cools down forwards
BSE: 3380.30; Sensex loses 38.04 points
NSE: 992.35; Nifty gains 20.05 points

• January 22, 1998
Battle Colours! Asian Paints, ICI India slug it out in the market
Fulfill conditions for project clearance, says Alagh
Forex: Rs 38.75-78; Rupee gains by 30 paise
BSE: 3418.34; Sensex loses 37.61 points
NSE: 1012.40; Nifty gains 00.95 point

• January 21, 1998
Spaghetti Knot! Alfa Romeos, Piaggios deals for India
Toyota to use new engines; GM, Honda to import cars
Cabinet hikes Contingency Fund, restores budget cut
Forex: Rs 39.10; Rupee drops a little
BSE: 3455.95; Sensex loses 24.91 points
NSE: 1011.45; Nifty dips 5.80 points

• January 20, 1998
Volvo on the Indian highway
Pak auto parts body chief backs govt against Suzuki
Airports Authority keen to sell smaller airports to states
Forex: Rs 38.95-39.05; RBI measures lift rupee by Rs 1.20
BSE: 3480.86; Sensex surges 98.54 points
NSE: 1017.25; Nifty up by 19.45 points

• January 17, 1998
Small is Beautiful! Daewoo readies its 'jeans among cars'
Chidambaram appeals for calm; RBI takes steps to save rupee
Bright exports dimmed in 1997
Forex: Rs 40.18-20; State Bank's dollar sale props up rupee
BSE: 3382.32; Sensex gains 16.57 points
NSE: 997.80; Nifty up by 8.15 points

• January 16, 1998
Sleek & Sexy! Tatas unveils new model
Hyundai reveal Santro at show
Mercedes Benz's A-Class for India
India, Pak, Bangla pledge to improve economic ties
Post-VDIS, income tax raids begin in Goa
Forex: Rs 40.22-27; RBI, State Bank salvage rupee from Rs 40.45-50
BSE: 3365.75; Sensex falls by 35.04 points
NSE: 989.65.55; Nifty drops by 7.90 points

• January 15, 1998
Forex: Rs 40.15; Rupee smashes through the 40 per $ barrier
Auto expo to see new world class vehicles
India may go in for 4 free ports
Sheikh Hasina lauds Gujral's role in promoting peace
BSE: 3400.79; Sensex falls by 30.93 points
NSE: 997.55; Nifty dips by 1.55 points

• January 14, 1998
BSE: 3431.72; Sensex gains 36.68 points
Forex: Rs 39.87-89; Rupee nosedives, but recovers
NSE: 999.10; NSE recovers by 3.30 points

• January 13, 1998
Chances of economic recovery slim
New auto policy may delay Skoda's Indian venture
BSE: 3394.95; Sensex falls by 135.25 points
Forex: Rs 39.82-84; Rupee continues to slide
NSE: 995.80; Nifty down by 37.75 points

• January 10, 1998
UF policies failed to kickstart flagging industry: Chidambaram
BJP against slashing farm subsidies
BSE: 3530.20; Sensex down by 67.96 points
Forex: Rs 39.71-76; Rupee loses ground
NSE: 1033.55; Nifty down by 24.20 points

• January 9, 1998
India needs $ 350 billion to develop infrastructure: Gujral
CII summit tries to showcase Madras
BSE: 3598.16; Sensex down by 85.15 points
Forex: Rs 39.62-67; Rupee remains steady
NSE: 1057.75; Nifty down by 22.45 points

• January 8, 1998
Red Hot! The tomato ketchup war gets saucier
BSE: 3683.31; Sensex down by 36.31 points
Forex: Rs 39.62-72; Rupee loses 24 paise
NSE: 1082.40; Nifty up by 3.25 points

• January 7, 1998
Goa government circumvents ban on liquor promotion
Maharashtra is #1 for industrial investment, says survey
Foreign direct investment likely to hit $5 bn
Chidambaram sues Subramaniam Swamy
BSE: 3684.02; Sensex down by 19.59 points
NSE: 1079.15; Nifty drops 12.50 points
Forex: Rs 39.47-50; Rupee loses 6 paise

• January 6, 1998
Spell out economic agendas, chambers tell parties
Kerala CPI-M denies knowledge of Enron project
BSE: 3739.21; Sensex up 19.36 points
NSE: 1091.65; Nifty gains 5.45 points
Forex: Rs 39.41-44; Rupee loses 20 paise

• January 4, 1998
VDIS nets Rs 100 billion: Chidambaram

• January 3, 1998
VDIS to garner over Rs 50 billion, says revenue secretary
UP sets power generation target of 5000 mw
Indian Airlines to renegotiate dry lease of Airbus
BSE: 3719.85; Sensex up 25.23 points
NSE: 1086.20; Nifty gains 5 points
Forex: Rs 39.22-24; Rupee holds steady

• January 1, 1998
Commie Kerala welcomes Enron for project
Political crisis won't hurt reforms, says Lord Swraj Paul
Rupee lost 9.3% to dollar over the year
BSE: 3658.98; Sensex up 21.27 points
NSE: 1079.40; Nifty gains by 20.90 points
Forex: Rs 39.20-22; Rupee gains 6 paise

Back

HOME | NEWS | BUSINESS | CRICKET | MOVIES | CHAT
INFOTECH | TRAVEL | LIFE/STYLE | FREEDOM | FEEDBACK