The Indian Express -- Business

Thursday, July 3 1997

FOREX RATES INDICES STOCK

NSE revises norm for indemnity bond

The National Stock Exchange (NSE) has overhauled the definition of `dominant shareholders' to allow its members to overcome practical difficulties in furnishing personal indemnity bonds.

Stanchart seeks RBI nod to remit Rs 120 cr

Standard Chartered Bank has sought the Reserve Bank of India's (RBI) permission for remitting profits for the last three years even as it recorded a 33 per cent increase in net profit for 1996-97 compared to the previous year.

Exports fall in April, May

Exports as well as imports registered a marginal decline during April-May 1997. This was mainly on account of 8.9 per cent decline in oil imports.

Leyland hikes dividend

Companies exploit pvt placement

Sensex gains 33 points

Vigilance probe into VSNL role in Iridium project

BG buys stake in Gujarat Gas

Udai Singh president of players' body

Canara Bank may face Rs 2,733 cr liabilities

Sensex at 2-year high