Monday, October 6, 2008

Securities & Exchange of India (SEBI) has decided to lift curbs on the issuance of the Participatory Notes (P-Notes) by the Foreign Institutional Investors (FIIs) in a bid to revive the stock markets troubled by the global financial meltdown.

DLF, announced that the board of directors has approved a buy-back plan of its shares from the open market operations through the stock exchanges through JM Financial Consultants (P), the manager to the buy-back plan. price not exceeding Rs 600 a share payable in cash

Indian companies listed on the American stock exchanges lost close to USD 10 billion during the past week, with IT bellwether Infosys witnessing the maximum erosion of about USD 2 billion

Sadbhav Engineering today said it has received a Rs 1.65 billion order from the Greater Visakhapatnam Municipal Corp, Visakhapatnam in joint venture with GKC Projects, Hyderabad.

Thermax wins Rs 4.50 bn contract for captive power plant

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