Current stock boom secular, says Jaswant
New Delhi : The Finance Minister, Mr Jaswant Singh, told Parliament on Friday that the present buoyancy in the country's stock markets was `secular' and reflective of the "overall strength of the economy". And since the current boom, unlike earlier ones, was broad-based, there was no case for intervention by the Government.
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Ester shareholders' meet on Jan 5
Mumbai: Ester Industries Ltd has informed the Bombay Stock Exchange that its board of directors, at a meeting on Thursday, took on record the rehabilitation scheme approved by the Board for Industrial and Financial Reconstruction.
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3 groups make open offer for 20 pc in Sterling Holiday
Chennai: An open offer for 20 per cent of the Rs 18.22-crore equity of Sterling Holiday Resorts has been made by three entities — Mr Steve Borgia, President, Sterling Holiday, Auromatrix Hotels, a licensee of Days Inn Worldwide in India, and Star Logistics Pvt. Ltd.
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Ma Foi proposes public offering
Coimbatore: The board of directors of Ma Foi Management Consultants Ltd has decided to float an IPO in four months and the pricing of the share offer would depend on the market conditions at the time of the offer.
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Canbank MF dividend
Mangalore: Canbank Mutual Fund, in its 100th weekly dividend in Canliquid Scheme, has declared a dividend of Re 0.0083 per unit (net of tax) for the week ended December 8.
float.
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