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Tuesday, March 30, 2004
Error in allotment to high net worth individuals
MUMBAI, MARCH 29.The National Securities Depository Ltd. (NSDL) today froze all depository transfers of Oil and Natural Gas Corporation (ONGC) shares that were traded after 10.30 a.m. The halt came after the registrar to the issue, MCS, ...
Issue will be sorted out: Shourie
MUMBAI, MARCH 29.The Union Minister for Disinvestment, Arun Shourie, today said the error in allotment ONGC shares would be sorted out immediately. ONGC shares have been over-allotted by the company as advised by the registrar, MCS, especially in ...
Tata Motors completes takeover of Daewoo in South Korea
GUNSAN (SOUTH KOREA), MARCH 29.India's biggest bus and truck maker, Tata Motors, today completed the acquisition of the Korea-based Daewoo Commercial Vehicle Co.(DWCV) for $102 million as part of its strategy to become a global player. "This ...
Rupee records highest single day gain
MUMBAI, MARCH 29. An unprecedented massive single session spurt of 41 paise, drove the rupee to new 46-month closing high of 44.05/07 a dollar today, propelled by robust trade and foreign capital investment inflows in the absence of central bank ...
SIA adds two daylight flights
NEW DELHI, MARCH 29. Singapore Airlines today announced that it has added two daylight flights on the Mumbai-Singapore-Mumbai sector with effect from Sunday. This is in addition to the thrice-weekly daylight flights that were launched in ...
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