Online edition of India's National Newspaper
Saturday, December 25, 2004
Online edition of India's National Newspaper Saturday, December 25, 2004 |
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News Front Page National States: • Tamil Nadu • Andhra Pradesh • Karnataka • Kerala • New Delhi • Other States International Opinion Business Sport Miscellaneous • Cartoons Engagements
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Sensex closes at historic high of 6498MUMBAI, DEC. 24. Led by a sharp rally in Reliance Industries, shares shot up on hectic buying by foreign funds and the Sensex zoomed to cross the psychological figure of 6500, before closing at a new historic high of 6498.06 on the Bombay Stock ... Inflation falls below 7 p.c. NEW DELHI, DEC. 24.For the first time in many months, inflation fell below the 7 per cent mark to 6.73 per cent for the week ended December 11. Also, this was the third consecutive week of falling inflation, lending credence to the recent ... India Cements to raise Rs. 655 crores to retire high cost debt CHENNAI, DEC. 25. India Cements Ltd. (ICL) will raise $149 million (Rs. 655 crores) by placing a combination of debt and equity-related instruments on an infrastructure fund managed by Asia Debt Management Hong Kong Ltd. through its FII (foreign ... Anil Ambani meets Chidambaram NEW DELHI, DEC. 24.Even as Anil Ambani, the younger of the Ambani brothers, met the Finance Minister, P. Chidambaram today, the market-watchdog, Securities and Exchange Board of India said that it was keeping a close watch on the developments in ... Other Stories
Barometer Briefly ONGC's interim dividend NEW DELHI, DEC. 24. The board of directors of Oil and Natural Gas Corporation has declared an interim dividend of Rs. 20 per share (200 per cent) for 2004-05, the company informed the Bombay Stock Exchange today. The board has also appointed P. ... Buys stake in Global Trade MUMBAI, DEC. 24.The Malta-based First International Merchant Bank (FIMBANK) has picked up 38.5 per cent stake in Global Trade Finance Company Ltd (GTF), an Indian trade finance entity, for $45.71 million and would use GTF as a platform to grow in ... IL&FS, RITES sign deal MUMBAI, DEC. 24.IL&FS (Infrastructure Leasing and Financial Services) has entered into a partnership deal with RITES, a company into providing technical consultancy and project management services, to jointly work in different infrastructure ... Other Stories
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