14 february 2004

idbi flexi-20 draws good response
mumbai: industrial development bank of india has received a huge response from retail investors for its rs 800 crore flexibond issue.

godavari project bonds to be floated soon
visakapatnam: the visakhapatnam municipal corporation is floating bonds to raise rs 70 crore for the godavari water diversion project. the bonds will hit the market next week, according to mr navin mittal, the municipal commissioner.

st micro to open third design centre
hyderabad: st microelectronics, a $7.2-billion semiconductor corporation, is set to commission its third india design centre in noida.

13 february 2004

rbi revises norms for granting re loans to nris
mumbai: the reserve bank of india has allowed authorised dealers to grant rupee loans to non-resident indians for purposes other than those specifically prohibited by the central bank.

12 february 2004