RBI, SBI may strike off-market deal to bring in resurgent bonds mopup
State Bank of India (SBI) is likely enter into an "off-market" deal with the Reserve Bank (RBI) to bring in the foreign-currency proceeds of the Resurgent India Bonds. The bank had collected about $1.2 billion through the issue of bonds till Saturday, but figures from the United States are still expected.

Expatriates join the chorus for compulsory paperless trading
The debate to make demat trading mandatory has gone across the borders of the country with NRIs demanding an immediate action from SEBI to instill liquidity in the demat segment. This, according to the Sharjah-based NRI Investors Forum could lead to `billions of rupees' flowing into the Indian equity markets from NRIs.

Ibuprofen recovers after a lull
Prices of anti-inflammatory generic drug, Ibuprofen are picking up in both domestic and international markets after a depressed period during January this year. The drug is now tentatively climbing up to the price levels of April 1996 - April 1997 period.

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