Tuesday, August 24, 1999
RBI steps in to defend rupee
The Reserve Bank of India (RBI) on Monday stepped in to defend the Indian currency after the rupee dipped to an all-time closing low of 43.565/57 at the weekend.
MUL, Telco, Daewoo lead in passenger car sales
The passenger car segment saw a 43-per cent increase in sales (including exports) in the month of July, which stood at 54,640 as compared to 37,950 units sold during the same month last year.
SEBI panel for curbing SE chief's powers
A panel set up by SEBI has proposed that the powers of the president of stock exchanges (who is also a broker) should be curtailed.
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