Thursday, January 18, 2001
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IT Update

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Sebi allows voluntary rolling mode with badla in A group

SEBI on Wednesday allowed voluntary rolling settlement with carry forward facility for all A group stocks in a bid to take an important step further towards bringing the A group under compulsory rolling settlement.

Oil majors seek marketing rights for petro products

RPL, EOL and Aditya Birla group-promoted MRPL have started flexing muscles by seeking marketing rights for controlled petroleum products before deregulation of the sector in April 2002.

ITC third quarter net spurts 29.3%

ITC Ltd has reported a 29.27% jump in its third-quarter net profit to Rs 216.12 crore from Rs 167.19 crore in the same quarter a year ago.

Jobbers pin hopes on OTC evenings

The jobbers, essentially small-time market makers who used to offer two-way quotes in the days of open outcry, had been rendered jobless when the trading system on the bourses shifted to computer screens.

SAIL needs to ink wage pact to make VRS attractive

SAIL is making plans to introduce a new VRS in February. This will be a part of the steel major's plan to reduce its manpower from the present 160,000 to 100,000 in the next three years.

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Executive Briefings

bullet.jpg (687 bytes) Gas shortage forces RCF to close down Trombay unit partially

bullet.jpg (687 bytes) SBI in mid-life crisis as GMs lead charge for VRS


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