The Indian Express -- Business

Thursday, November 13 1997

FOREX RATES INDICES STOCK

Taj to re-negotiate Bandra-Kurla project

The board of directors of Indian Hotels have decided to "re-negotiate" the terms and conditions of the Rs 1,000 crore Bandra-Kurla hotel-cum-convention centre. However, with the Mumbai Metropolitan Region Development Authority (MMRDA) ruling out re-negotiation, the fate of the project has almost been sealed.

Re hurtles to 21-month low

The rupee fell to a 21-month low to touch Rs 36.76 against the dollar at the inter-bank foreign exchange market yesterday. Even though the Reserve Bank of India (RBI) intervened heavily by selling an estimated $400 million, the rupee continued show excessive volatility.

Jardine Fleming floats India Bond Fund

Jardine Fleming Mutual Fund has launched its second domestic mutual fund scheme - the India Bond Fund. The open ended scheme will be 100% invested in debt instruments. To make the scheme more investor friendly, the AMC has decided to bear the entire issue expenses during the initial launch period.

Bizbits -- Exim Bank loans to EOUs

Taj to re-negotiate Bandra-Kurla project

Re hurtles to 21-month low

Global crash takes toll on Indian SEs

HK, Tokyo bourses plunge

Sensex loses 90 points

Usha Ind on Crisil rating watch

Jardine Fleming floats India Bond Fund

Indian joins London's exclusive club of fund managers

State Govt set to clear stalled Sahara project

Fast-track clearance for Fiat, Skoda