The Indian Express -- Business

Thursday, October 02 1997

FOREX RATES INDICES STOCK

Tisco, SAIL output rising despite sluggish market

Steel majors have managed to step up their production levels in the first half of the current year, despite a slump in the market. Tata Iron & Steel Company improved its crude steel production by 3.4% during the first half of the current fiscal over the corresponding period of 1996-97, while Steel Authority of India Limited saw an 11% rise.

NEPC Micon cancels proposed dividend

NEPC Micon Ltd has decided to cancel the proposed dividend of 15% for the year ended March 1997. NEPC was forced to cancel the dividend due to financial constraints being faced by the group as it undertook many new unrelated business ventures.

Panel to probe PSE's illegal badla

The Pune Stock Exchange has constituted a new disciplinary action committee to investigate the charges of illegal carryforward deals entered into by 54 brokers, thereby setting aside the earlier report which exonerated these brokers from the said charges.

Bizbits -- Coal prices hiked by 5%

No cut in interest

Tisco, SAIL output rising despite sluggish market

NEPC Micon cancels proposed dividend

Govt receives ICA notice on Maruti issue

Share prices recover

Panel to probe PSE's illegal badla

DoT tender for WLL

Glaxo buys Biddle Sawyer

Primary market hits rock-bottom