NATIONAL IPCL to invest Rs 350 cr for expansion of plants Indian Petrochemicals Corporation Ltd (IPCL) today (Feb 21, 2004) said it plans to invest Rs 350 crore over the next two years for capacity expansion of its plants.
Govt guidelines for intra-circle telecom mergers Government today (Feb 21, 2004) issued final guidelines for mergers and acquisitions within a telecom circle, with the condition that the market share of merged entity would not exceed 67 per cent.
Sensex falls by 2.68 pc on sell-off by retailers After a massive stocks rally in the preceding week, the market turned weak and the Sensex fell back by 2.68 per cent on the stock exchange (BSE) during the week upto February 20, largely because of sustained profit booking by retailers and operators.