Crisil upgrades NPC's Rs 908-cr bond programme
Credit Rating Information Services of India Ltd (Crisil) has upgraded the Rs 908 crore and Rs 300 crore bond programmes of NPC even as it downgraded the Rs 21.05 crore non-convertible debenture (NCD) issue and fixed deposit (FD) programme of Indian Seamless Metal Tubes Ltd.

China to ease foreign currency controls for free trade in yuan
China plans to ease tight controls on foreign currency lending and deposit rates from September 21, as part of the country's phased plans to allow free trading in the Chinese yuan.

IMF, WB urge open markets
The World Bank and the International Monetary Fund, in an unusual joint statement to staff and board members, urged nations to open their markets and seek ways to pay for debt relief.


  Market round-up
  VSNL monopoly to ring off in 2002
  Euro dips further to new low against dollar, yen
  IFCI begins recast ahead of Basu panel report, seeks Rs 400 cr extra funds
  Aussie dollar off two-year lows
  Lack of demand may slow industrial growth -- Assocham
  Executive briefing
  OM-Kotak JV files insurance papers
  UCO bank to give Rs 300 crore loan for NTPC projects
  Jittery bond investors focus on Ford testimony
  DRT (Mumbai) recovers Rs 200 crore in first year
  Ordinance to give statutory status to CRF soon