NATIONAL Sensex soars new closing peak of 11,079.02 points Powered by sustained and heavy fund inflows, the stock market benchmark index today (Mar 27, 2006) soared by a whopping 129 points to a new closing peak of 11,079.02, registering sharp gains for the second consecutive session even as select heavyweight counters reached dizzy heights.
LTU to become operational from July 1: Chidambaram Finance Minister P Chidambaram today (Mar 27, 2006) said the first of the five initially proposed Large Taxpayer Units (LTUs) was expected to be operational from July
one and the remaining four by the end of this year.
Sensex at new peak of 11,089 points at mid-session The Bombay Stock Exchange benchmark Sensex touched a new high of 11,089 points at mid-session today (Mar 27, 2006) on aggressive buying by funds in infrastructure segment.
RBI governor Reddy to respond on the CRR cut: FM Reserve Bank Governor Y V Reddy will meet bankers shortly and respond to their question on one per cent cut in Cash Reserve Ratio, Finance Minister P Chidambaram said today (Mar 27, 2006).
Sensex at new high of 11,045.63 during early trade The benchmark sensex set a new record high over 11,045 points on the Bombay Stock Exchange in early trading today (Mar 27, 2006) largely on brisk buying in blue chip shares.
Rupee steady against the dollar during early trade The Rupee held steady against the US currency with a slight down-ward bias due to possible month end dollar demand in quiet early trade at the InterbankForeign Exchange (forex) market.
VAT refunds to exporters within four months: Jayant Offering a relief to exporters, Maharashtra Finance Minister Jayant Patil has assured that the refunds of the Value-Added Tax (VAT) to exporters in the State would start within four months.
INTERNATIONAL India auctions 55 oil and gas exploration blocks Launching a major global initiative for attracting foreign investment in the hydrocarbon sector, India today (Mar 27, 2006) held a roadshow here for auctioning 55 oil and gas exploration blocks.
Israeli firm wins pact from an Indian telecom org Israeli firm VocalTec Communications Ltd, a leading global provider of carrier-class multimedia and voice-over-IP solutions for communication service providers, has won a major contract from an unnamed Indian government telecom organisation, sources said.
