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 whole day trading till 1400 hrs was Rs 3,315 crore (one way).

Active trades were in guarseed, silver, gold, wheat, guargum, and refined soy oil, the release added.

UNI AR PP SKB1906

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.....

Yen costlier; USD, Pound and Euro steady

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

Mumbai, May 1 (UNI) Following are the indicative currency notes and travellers' cheques buying and selling rates per unit as supplied by Thomas Cook India Ltd here today: (figure in rupees) Currencies Buy Sell US dollar 43.30 46.50 Sterling pound 79.30 84.55 Euro.....

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Revision in SENSEX and other BSE Indices

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

Mumbai, May 1 (UNI) Index Committee of the Exchange in its meeting held on April 30 has decided to revise the composition of SENSEX, BSE-100, BSE-200, BSE-500, BSE Mid-Cap and BSE Small-Cap indices as detailed in the annexures attached herewith. Annexure 1 Replacements in SENSEX Annexure 2 Replacements in BSE-100 index Annexure 3.....

Advani demands probe in the IPO scam

Monday, May 1, 2006,22:51 [IST]

Mumbai, May 1 (UNI) Leader of opposition in the Lok Sabha L K Advani today said that action by the Securities Exchange Board of India (SEBI) against those indulging in what has proved to be the biggest IPO-demat scam belies repeated denials by union Finance MInister P Chidambaram of irregularities in the current extraordinary bull run on the stock exchange. In a statement issued here, Mr Advani said BJP supported the SEBI decision to.....

IPR regime must for India's march to knowledge economy

Monday, May 1, 2006,22:51 [IST]

Mumbai, May 1 (UNI) United States would post its representative in India to faciliate the process of creating a world class IPR (Intellectual Property Rights) regime in the country. This was disclosed by US Consul General Michael S Owen at the inaugural session of the three-day Indo-US Seminar and Workshop on IPR enforcement organised by the Confederation of Indian Industry (CII) here today. Stating that since IPR is constantly under siege from pirates, its protection.....