Sebi allows voluntary rolling in A group
SEBI on Wednesday allowed voluntary rolling settlement with carryforward facility for all A group stocks in a bid to take an important step towards bringing the A group under compulsory rolling settlement.



Cisco to invest another $50 mn in India
Network equipment maker Cisco Systems Inc announced on Wednesday $50 mn in fresh investments in India as well as a plan to multiply staff in the nation it described as a potential world number one in software.



IDBI Bank, UTI Bank plan stake sale, takeovers
New generation private sector banks, IDBI Bank and UTI Bank are looking for buyers to sell part of their equity in the near future.



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