Friday, May 28, 1999
Pak retaliation sends Sensex, rupee crashing
The escalating Indo-Pakistan border conflict hit the financial markets yesterday. The Bombay Stock Exchange Sensitive index (Sensex) crashed by 110 points, the rupee plunged below the Rs 43 per dollar level and lost 25 paise against the dollar in the foreign exchange market.
NSDL still to get DoT's connectivity approval
The National Securities Depository Ltd (NSDL) is still waiting for approval from the department of telecommunications (DoT) in order to go ahead with the plans of connecting NSDL's wide area network (WAN) with that of banks' WAN.
Century Textiles losses touch Rs 93 cr
Century Textiles and Industries Ltd (CTIL) has reported a 9.2% increase in its losses to Rs 93 crore for the fiscal 1999 as against Rs 85.18 crore loss in 1997-98.
|
|
