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Sunday, February 22, 2004
Floor price announced for IBP, CMC
NEW DELHI, FEB. 21.The Government today announced a floor prices of Rs. 620 per share and Rs. 475 per share for sale of residual equity in IBP and CMC respectively. The two companies that had been taken over by strategic partners, the Indian Oil ...
Forex reserves cross $107 b
MUMBAI, FEB. 21. India's foreign exchange reserves grew further by $899 million to $107.5 billion for the week ended February 13. Foreign exchange reserves rose by $899 million to $107.506 billion in the period under review, according to Reserve ...
IPCL offer: Reliance to forego option
MUMBAI, FEB. 21.Reliance Petroinvestments Ltd. (RPiL) has decided to forego its option of acquiring an additional 5 per cent equity offered in the IPCL open offer as a wider distribution of shareholding would be in greater interest of ...
U.S. protectionism hurts trade
MADURAI, FEB. 21. The Bush administration has been engaged in protectionism and with regard to free trade the country (U.S.) is making `some terrible mistakes' by not practising what it preaches to the world, according to Peter H. Schuck, ...
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