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Home -> Finance -> News

NATIONAL
Ambani brothers attend award function; avoid media
Reliance Industries Ltd (RIL) chairman and managing director Mukesh Ambani and vice-chairman and managing director Anil Ambani, who are in tussle over the ownership issue of the Rs 90,000 crore Reliance group, today (Nov 27, 2004) attended an award function but avoided the waiting media.

'Mukesh Ambani had met FI officials in recent past'
Even before the tussle between Ambani brothers over the ownership of over Rs 90,000 crore Reliance Empire became public, RIL (Reliance Industries Ltd) Chairman and Managing Director Mukesh Ambani had met the officials of financial institutions, which have significant holding in the group's flagship company.

Gold sets yet another high at Rs 6720 per ten gm
Gold prices jumped upwards to set another high of Rs 6720 per ten gram on the bullion market today (Nov 27, 2004) on sustained buying to meet the marriage season demand.

SBI hikes deposit rates by 0.25 - 0.50 per cent
State Bank of India (SBI) has raised interest rate on the domestic term deposits by 0.25 to 0.50 per cent across various maturities effective from November 29, 2004.