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NSE
suspends Sri Vishnu Cement
Mumbai: The National Stock Exchange (NSE) has informed
its members that the trading in the securities of Sri
Vishnu Cement Ltd has been suspended following the fall
in public shareholding in the company below the specified
limit.
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GE
Shipping sails after opting out from SCI race
Mumbai: Interest in the Great Easter Shipping seems
to have set sail with company's decision not to bid for
Shipping Corporation.
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As
foreign equity ceiling nears — FIIs tap SBI derivatives
Mumbai: With foreign equity investments in State Bank
of India almost touching the prescribed upper limit of
20 per cent, FIIs are understood to be purchasing futures
and options of the country's largest bank in the derivatives
market.
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HC
rejects Gaud's writ petition
Kolkata: Justice M.H.S. Ansari of Calcutta High Court
on Wednesday rejected the writ petition of B.V. Gaud,
former Chairman and Managing Director of Stock Holding
Corporation Ltd which has its office at Mumbai.
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E-balance
sheets on cards
New
Delhi:
Investors may soon have access to a company's information
at the click of a mouse. The Department of Company Affairs
(DCA) plans to direct all companies to make their financial
statements available on the Internet
to enable investors to access relevant data.
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Rupee
weakens on $ surge
Mumbai: Sudden demand for dollars in the local market
weakened the value of the Indian rupee against the greenback.
Indian rupee yesterday lost 15 paise against the dollar
to close at 47.89/91 against yesterday's close of 47.74/75.
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G-secs
prices fall; rupee plunges at 47.89/ dollar
Mumbai: Government securities prices fell by around
Re 1 at select maturities while the rupee fell sharply
against the dollar as the concerns over a possible war
gripped the inter-bank market.
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