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Saturday, October 05, 2002
Standoff over disinvestment
Can a public sector enterprise's valuation be improved even during the period it remains with the Government?
Softbank, VentureTech to pump $20 m in Sify
HYDERABAD, OCT. 4.Satyam Computer Services and Satyam Infoway Ltd. (SIFY) announced partial divestment of stake in SIFY to Softbank Asia Infrastructure Fund (SAIF) and VentureTech Solutions (VentureTech), which will rake in $20 million for new ...
New depreciation rates announced
NEW DELHI, OCT. 4. The Government today issued new depreciation rates for Income Tax benefits on buildings used as hotels, books used by professionals, air pollution control equipment and a few items such as furniture and fittings. The ...
Marginal drop in Sensex
MUMBAI, OCT. 4.Heavy sell-off in Reliance Industries and Reliance Petroleum pushed the Sensex to end lower by about seven points on the Bombay Stock Exchange today. Attributing consistent selling in two heavyweighted stocks to lowering of ...
IDBI flexibonds issue on Oct. 10
MUMBAI, OCT. 4. The Industrial Development Bank of India is launching IDBI Flexibonds for this financial year on October 10. The size of the issue is Rs. 300 crores with an option to retain oversubscription up to Rs. 300 crores. The issue will ...
Rupee ends lower
MUMBAI, OCT. 4. The rupee ended a notch lower against the U.S. currency after steady dollar demand from State-run banks prevented further rupee gains in yet another day of thin and lacklustre trading at the interbank foreign exchange ...
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