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Tuesday, December 8, 1998

Stock Update Forex Update

Asia Infrastructure to pick up stake in GIPC through preferential order
The Gujarat Industrial Power Company is planning to issue Rs 86-crore worth of partly convertible preference shares to Asia Infrastructure Mezzanine Capital, a foreign infrastructure fund, on preferential basis.

100 companies in HSE's missing list
At least 100 companies out of the listed 842 companies on Hyderabad Stock Exchange (HSE) are found missing, according to a study conducted by the exchange on 'express' orders of the SEBI.

Icra rates ICICI Rs 17,500cr debt programme
Term-lending institution ICICI has drawn up plans for big mopups from the domestic debt market and has got rated for debt instruments worth Rs 17,500 crore. It plans to raise Rs 10,000 crore worth of long-term funds and a further Rs 7,500 crore in short-term debt.


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  Currency dealers see uncertain euro start
  Spanish barley up, maize buoyant on short supply
  India needs multi-commodity bourses
  Reserve Bank approves Birla Copper LME hedging proposal
  Poor demand may pull down coconut oil prices
  Commodity Briefing
  Market Round-Up
  Euro's advent could cream off Reserve Bank arbitrage coffers
  Groundnut oil gains afresh; Punjab cotton declines
  Three-year paper coupon pegged at 11.47%
  Dull quotes dot maiden cotton futures trades
  Market Briefing
  Philips badla rates surge on punching error
  Sensex spurts 72 points as foreign funds turn to warehousing of stocks
  Market signals it's the right time for long-term buy; stage is set for rally
  Market pegs ACC rights offer at Rs 60; issue to decide company's future plans
  TVS Suzuki
  European share rally fades
  'Entire settlement in paperless form by 1999'
  Public, rights offers draw a blank in November
  SHARES ON THE MOVE


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