Political uncertainty, rumours of Indica delay drag Sensex down
Political uncertainty and rumours over postponement of the Tata's car project took its toll on the markets on Thursday as the Bombay Stock Exchange (BSE) witnessed franctic selling by Foreign Institutional Investors (FIIs), domestic institutions and operators.

Welspun India plans Rs 75-crore rights issue
Welspun India plans to raise Rs 75-crore through issue of optionally fully convertible debentures (OFCDs) with a face value of Rs 100 each to its shareholders some time in January, 1999. The company board, which met on November 24, has already approved the rights issue.

Sterlite scrip on a decline after court orders copper-smelter plant closure
There seem to be no end of bad news for Sterlite Limited. Recently it lost the bid for Indal to Alcan and now the Madras High Court has ordered closure of its copper smelter plant. The scrip today fell to low of Rs 117.9.

  ICICI Rs 300cr bond issue to hit market on December 9
  Rupee skids to 42.50 as political flux takes toll
  Festive demand pushes up Malaysian palm oil exports to Pakistan
  LME copper to drift down in thin trade
  Commodity Briefing
  Crompton Greaves debt programme lowered to P2+
  Standard & Poor revises IBDI, ICICI, Bank of Baroda outlook to negative
  Sekurit Saint Gobain likely to hike stake in Maharashtra Glass & Agro
  Asian markets mixed as rally loses steam
  ICICI announces fifth tranche of safety bonds
  MP holds key to market sentiment
  Market Round-Up
  Bajaj Auto likely to remain weak
  Upcountry advices hit groundnut oil; silver rises
  ICICI-Premier to roll over till Feb 2004
  Unclear guidelines, dearth of awareness dog debt demat
  Market Briefing