NATIONAL Sensex rebounds on revival of buying by funds The benchmark Sensex rebounded on the Bombay Stock Exchange today (Sept 12, 2006) on revival of buying by funds in blue-chip stocks at existing low-levels and closed higher by over 110 points.
Oil bonds to be issued this month: Chidambaram Finance Minister P Chidambaram today (Sept 12, 2006) said the 141.5 billion worth of oil bonds meant for oil marketing companies will be issued within this month.
Videocon acquires S.Korea's Daewoo Electronics India's consumer electronics major Videocon has acquired South Korea's Daewoo Electronics, in a deal which is reported to be worth around 700 million dollars (nearly Rs 3,220 crore).
Rupee quoted marginally weak during early trade The rupee today (Sept 12, 2006)started with further losses against the US currency due to persistent dollar demand along with marginal rise in dollar during the early trading.
Stock market maintains downward trend during trade The benchmark Sensex maintained its downwards trend on the Bombay Stock Exchange in early trade today by losing 48.47 points on sustained selling by funds.
Tata Steel yet to hear from Tehran on steel project Tata Steel yesterday (Sept 11, 2006) denied that it has received the go-ahead from the Iranian Government for setting up a 4 million tonne steel plant at the Persian Gulf Special Zone.
