BSE/NSE, Commodities market closed for Maharashtra Day

Monday, May 1, 2006, 22:50 [IST]

Mumbai, May 1 (UNI) All the principal markets including the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), RBI, Forex and call money along with spot and futures in the commodities market like sugar, cotton, oils, metal and bullion remained officially closed today for 'Maharashtra day', traders said.

UNI RRP/VD MJ NV1245

Reliance Communication finds place in BSE Sensex

Monday, May 1, 2006,22:50 [IST]

Mumbai, May 1 (UNI) Telecom giant Reliance Communication Ventures (RCoVL) has found place in the 30-stock 'Sensex' index of the Bombay Stock Exhcnage (BSE), according to the proposed changes announced by the BSE here today. The Index Committee of the BSE, at its meeting held here yesterday, finalised the proposed changes in the BSE Sensex, and other indices such as BSE-100, BSE-200, BSE Mid-Cap and BSE Small-Cap indices, effective from June 12. As per the.....

MAN, Force Motors in JV to manufacture heavy trucks

Monday, May 1, 2006,22:50 [IST]

Mumbai, May 1 (UNI) MAN Nutzfahrzeuge AG and Indian major Force Motors Limited will invest 150 million Euros in a joint venture to manufacture heavy trucks at its Pithampur plant, initially for the Indian market and later for export to other Asian and African markets. Christened MAN Force Trucks Private Limited, Force Motors will hold 70 per cent stake in the JV with MAN Nutzfahrzeuge holding the remaining 30 per cent. Similarly, the scope of co-operation.....

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Reliance Com net up by 42 per cent

Monday, May 1, 2006,22:50 [IST]

Mumbai, May 1 (UNI) Reliance Communications Ventures Limited (RCVL), one of the four Reliance- Anil Dhirubhai Ambani Group (ADAG) companies controled by Anil Ambani, today announced an unaudited proforma consolidated financial results that put the net profit at Rs 440 crore for the quarter ended March 31, prior to extraordinaries, growth of 42% over the previous quarter. The consolidated financial results relate to RCVL and its operating companies, including.....

NCDEX records trade worth Rs 3,683 cr

Monday, May 1, 2006,22:50 [IST]

Mumbai, May 1 (UNI) As many as 530 members of the National Commodity and Derivatives Exchanges (NCDEX) participated in trading worth Rs 3,683 crore (one way) upto 1700 hrs today. There were 85,250 trades put through by them. Active trades were in guarseeds, chana, silver, gold, wheat and refined soy oil, a NCDEX release said. Yesterday, about 564 members had participated in trading and put through more than 62,310 trades. The volume for the.....

Indiabulls Financial demerges real estate biz, offers 1:1 in realty

Monday, May 1, 2006,22:50 [IST]

Mumbai, May 01 (UNI) Indiabulls Financial Services Ltd(IBFSL) has decided to demerge its real estate business. The demerger decision was made by the IBFSL Board of Directors of at its meeting here today, said an official release. J M Morgan Stanley and Suresh A.Shroff.....