Ispat continues equity, loan raising saga
The `expansion' drive of Ispat Industries is in full swing despite the sluggish steel market. As part of its ongoing mega project implementation, the co, a frequent defaulter with the MSEB, has sought the shareholders permission to issue of preference shares or debentures of warrants worth Rs 252 cr.



Govt may go slow on GIC ordinance
Government may go slow on the proposed ordinance to delink GIC and its four subsidiaries in the face of opposition from the employees unions.



FIIs net sellers of equities in Oct
Foreign Institutional Investors were net sellers of equities on the Indian bourses to the tune of Rs 271.70 crore in Oct which saw the benchmark Bombay Sensitive Index plunge below the 4,000 mark.



Other headlines
DoD solicits aviation ministry support on HCI-AAI tangle
Exporters view steady export growth in H2
IMD to cross RIB mopup, bring in $4.5bn
Inflation declines marginally to 6.78 pc
Petronet-LNG's commercial director quits
Inflation, fiscal deficit cause no great concern -- HSBC analyst
TC may approach Cabinet with Sankhya Vahini draft JV