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Thursday, June 17, 2004
Reliance inks pact with U.P. Govt. for Dadri project
LUCKNOW, JUNE 16. Reliance Energy today signed State Support Agreement with Uttar Pradesh for sale of electricity from its 3740 MW gas-based power plant coming up in Dadri with an investment of Rs. 11,000 crores. "Uttar Pradesh will get a ...
Satluj project to invest Rs. 13,000 cr. for additional capacity
NEW DELHI, JUNE 16.Satluj Jal Vidyut Nigam (SJVN) today unfolded its Rs. 13,000 crore investment plans to develop 2,500 MW additional hydro power generating capacity, having successfully put the country's largest hydroelectric project of 1,500 MW ...
IA, Sahara hike fares
NEW DELHI, JUNE 16.Feeling the heat of rise in the prices of the aviation turbine fuel (ATF), the state-owned Indian Airlines and the private domestic airline, Air Sahara today announced a 10 per cent hike in their passenger fares with effect ...
Tatas may invest in biotech
BANGALORE, JUNE 16.Some of the money from the initial public offering of the privately held IT services company Tata Consultancy Services (TCS) could go into business opportunities in areas as disjoint as telecom and biotechnology, a director of ...
ALFL, IndusInd merger okayed
MUMBAI, JUNE 16. The Reserve Bank of India has approved the amalgamation of Ashok Leyland Finance Ltd (ALFL) with IndusInd Bank Ltd (IBL) with effect from April 1, 2003. The scheme of amalgamation was cleared at the respective extraordindary ...
Gujarat bank to merge with BoB
NEW DELHI, JUNE 16. The Government has decided to amalgamate South Gujarat Local Area Bank Limited (SGLABL) with Bank of Baroda (BoB) following clear indication of `management failure' of the Local Area Bank. "The amalgamation of SGLABL with BoB ...
Britannia to buyback shares
MUMBAI, JUNE 16.Britannia Industries today announced buyback of its fully paid equity shares of face value of Rs. 10 from the open market. The maximum buyback price would not exceed Rs. 650 per share for an aggregate amount not exceeding Rs. 78 ...
Wipro to delist from SEs
MUMBAI, JUNE 16.Wipro Ltd has informed the Bombay Stock Exchange that its members have approved delisting of its equity shares from five other stock exchanges Delhi, Calcutta, Ahmedabad, Bangalore and Cochin. Our Special ...
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