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Wednesday, January 6, 1999

Stock Update Forex Update

Australia posts third A$1 bn trade gap in a row
Australia posted its third trade deficit in a row of close to A$1 billion in November, as both exports and imports fell.

Anomalies creep in the excise on stenter machine scheme
The recently announced compounded excise duty based on chamber of stenter machine is applicable only to independent fabric processors.

Cardamom output estimates dip 40 per cent
The estimated cardamom production in the country during the current year has been further revised downward by the auctioneers and traders by another 10 % to a total of about 40 %.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Crisil downgrade fails to dampen state's Rs 800cr debt plans
  Maharashtra Power Development Corp issues may be hit
  DSQ Software seeks to wipe out debts with share offer to FIIs


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