Call rates trade high at 6.40-6.60 pc

Friday, September 22, 2006, 19:07 [IST]

Mumbai, Sep 22 (UNI) Call rates today traded high between 6.40-6.60 per cent, which was 30 basis points higher than the previous close.

RBI, in the call money market yesterday, transacted Rs 16758.14 crore at the weighted average of 6.49 per cent.

In the first Liquidity adjustment, RBI transacted Rs 5735 crore through five bids at the rate of 6.00 per cent, whereas, in the second liquidy adjustment, RBI transacted Rs 8820 crore through nine bids. RBI did not inject any money through the repo auction.

Gilts traded high and the bond (GS 8.07 per cent 2017) traded at 102.80 and gave a yield of 7.67 per cent.

RBI had fixed the reference rate for the day at Rs 45.94/USD compared to the previous rate of Rs 45.88/USD.

UNI VS MAZ SKB1830

Other articles published on September 22, 2006

Total foreign reserves down to USD 165.542 bn

Friday, September 22, 2006,19:08 [IST]

Mumbai, Sept 22, (UNI) According to the weekly statistical report presented by the Reserve Bank Of India, the Total Foreign reserves came down to US Dollar 165.542 billion as on September 15. The Foreign currency assets also stood at US Dollar 158.239 billion as on Sept 15, 2006. Besides, maintaining the best international practice India's reserve position in the IMF was at US Dollar 76.4 billion. Total Bank Credit as on Sept 01 was.....

Tata Indicom announces aggressive retail expansion plan

Friday, September 22, 2006,19:08 [IST]

Kolkata, Sept 22 (UNI) Tata Teleservices Limited (TTL), which has embarked on an agressive retail expansion plan, is all set to make forays in the largely unexplored Northeastern market before this year end, TTL President (Business Improvement) Jehangir Ardeshir said here today. Speaking to newsmen during his brief visit to the city Mr Ardeshir said as part of its aggressive expansion programme TTL had targetted to increase the total number of Tata Indicom True.....

Limitless Updates

India News

News Archives

Bharti to finalise retail model by Oct: Mittal

Friday, September 22, 2006,19:08 [IST]

Kolkata, Sept 22: Diversified telecom conglomerate Bharti Enterprises Ltd will finalise the business model for its proposed retail venture by October, its chairman Sunil Bharti Mittal said today. "An internal team of the company and consultants are evaluating the business model to be adopted for the venture. We will be ready with the details of the project by October," Mittal, who runs India's top mobile services provider, told reporters. Mittal was speaking on the sidelines of a CII sponsored interactive.....

ITC interested on retail ventures in West Bengal

Friday, September 22, 2006,19:08 [IST]

Kolkata, Sept 22: ITC Ltd is interested in cash and carry operations in the horticulture sector in West Bengal, its chairman Y C Deveswar said today. The company is also interested in developing a food park and a logistic hub, Deveswar said in the sidelines of a CII organised interactive session with West Bengal Chief Minister Buddhadeb Bhattacharjee. The company has initiated talks with the state government for implementation of the proposed ventures, he said.The.....

Premji discusses Wipro's plans with Buddhadeb

Friday, September 22, 2006,19:08 [IST]

Kolkata, Sept 22: Wipro Ltd Chairman Azim Premji and West Bengal Chief Minister Buddhadeb Bhattacharjee today discussed the company's expansion plans in the state during a CII meet here. Mr Premji and Mr Bhattacharjee met in the sidelines of the CII -sponsored interactive session between the Chief Minister and industry captains. When asked whether the land price issue for the proposed expansion of Wipro was discussed in the meeting, Mr Premji refused to comment.State Principal.....