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Sensex misses 5700 by a whiskerMUMBAI, DEC. 26. Stocks continued their upward march, led by the cement sector, aiding the Sensex to end at the new 46-month high closing at 5699.24 on the Stock Exchange, Mumbai, here today on fresh buying support by operators coupled with ... 4:9 swap for AL Finance, IndusInd Bank merger CHENNAI, DEC. 27. Ashok Leyland Finance has informed the Bombay Stock Exchange that the board of directors at a meeting held on Friday had considered and approved the scheme and consolidation by way of merger of the company with IndusInd Bank. ... FDI proposals worth Rs. 1100 cr. cleared NEW DELHI, DEC. 26. The Union Finance Minister, Jaswant Singh, today cleared 30 foreign direct investment proposals worth Rs. 1,100 crores including that of Gabriel Trade & Investment Company's plans to set up a wholly owned arm for Rs. 900 ... Indraprastha shares open with a bang MUMBAI, DEC. 26. The Indraprastha Gas Ltd. (IGL) share opened for trading today at the Stock Exchange, Mumbai, and the National Stock Exchange. The listing ceremony for IGL was held at the BSE where A. K. De, Managing Director, IGL, rang the ...
Use of forex reserves to retire debt not favouredCHENNAI, DEC. 26.Should India go in for pre-payment of its relatively high cost institutional debt now that its foreign exchange reserves have crossed the $100 billion-mark? You may say it should, but Prof. T. N. Srinivasan thinks it should not. ... Other Stories
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