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Home -> Finance -> News

NATIONAL
Infy to delist ADS in Germany due to illegal trade
Software major Infosys today (Oct 28, 2004) said it has sought to delist its American Depository Shares (ADSs) from certain stock exchanges in Germany after it found its stocks traded unauthorisedly in several regional bourses.

10,000-20,000 cr investment for airport modernisation
An investment between Rs 10,000-20,000 crore is being officially estimated to modernise Delhi and Mumbai airports, for which the process has already begun to finalise private partners.

BSE: Market gains by 53 pts as oil prices plunge
Bolstered by strong global markets on the back of a plunge in crude oil prices, the market today (Oct 28, 2004) rallied sharply, withstanding pressure around midsession, and ended up by another 53 points in narrow movements.

Govt invites India Inc to participate in PSU sale
Inviting private sector to participate in the disinvestment programme, Finance Minister P Chidambaram today (Oct 28, 2004) said a Board for Reconstruction of Public Sector Enterprises (BRPSE) would be set up soon.

India attacks Oil producers for 'unjustified' rise
India today (Oct 28, 2004) charged some of the oil producing nations and companies with building inventories that resulted in "unjustifiable" rise in crude prices globally and impacting the economic growth of developing nations.