REL board approves Rs 5,000 cr FCCB issue

Friday, December 14, 2007, 12:41 [IST]

New Delhi, Dec 14 (UNI) Anil Ambani-owned Reliance Energy Ltd today said its board has approved the issue of Foreign Currency Convertible Bonds (FCCBs) in the international market, for an amount not exceeding Rs 5,000 crore.

The amount can be raised in tranches and at times, as may be decided by the board from time to time, said a statement.

UNI

Topics: ENERGY-RELIANCE-ISSUE

Other articles published on December 14, 2007

Fog causes diversion of 7 intl flights, delays 25

Friday, December 14, 2007,12:42 [IST]

New Delhi, Dec 14 (UNI) Fog in the morning plummeted visibility levels in the city, leading to diversion of seven International flights and delay of 25 flights today, airport sources said. Foggy conditions plummeted visibility at the airport to 125 Runway Visibility Range (RVU) units at 0410 hrs. As a result, seven international flights were diverted to other destinations, five of them to Mumbai and one each to Lucknow and Jaipur. Twentyfive flights were also delayed. Till 1000 hrs, ten domestic.....

India gains point in ICC Test Championship ranking

Friday, December 14, 2007,12:43 [IST]

Dubai, Dec 14 (UNI) A comprehensive 1-0 series victory over arch-rival Pakistan in the just concluded three-match Test series has placed India only a fraction of a ratings point below South Africa on fourth position while its sub-continental adversary stays sixth in the ICC Test match ranking. The third and final Test in Bangalore ended in a draw but Anil Kumble's men had done enough during the rest of the series to take the honours overall. And in doing so.....

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PCB to introspect teams failure, may take some tough measures

Friday, December 14, 2007,12:43 [IST]

Lahore, Dec 14 (UNI) After an embarrassing defeat in both ODIs and Test, Pakistan Cricket Board (PCB) is gearing up to take some tough measures in the meeting of national cricket's think-tank here today. ''The meeting has been called to carry out a post-mortem of our team's performance in India,'' Shafqat Naghmi, the Board's Chief Operating Officer (COO), said. ''Obviously a lot of questions will be asked because we didn't really perform well on the tour,'' Naghmi told 'The News'......

J

Friday, December 14, 2007,13:05 [IST]

Srinagar, Dec 14: The Jammu and Kashmir government has provided financial assistance to set up 15739 Income Generating (IG) units in Baramulla district of north Kashmir, an official spokesman said today. He said under the Credit Action Plan, 15739 income generating units with a financial assistance of Rs 233 crore have been set up in the district during the first six months of current fiscal. Of these, he said, 9602 units have been established under priority sector and 6137 units under non-priority.....

HP High Court issues notice to EC

Friday, December 14, 2007,13:05 [IST]

Shimla, Dec 14 (UNI) The Himachal Pradesh High Court has issued a notice to the Election Commission on a petition filed by a Congress candidate whose nomination papers were rejected by the EC in Kangra district. The court, in its order, directed the Commission to file its reply by December 17 on the rejection of the nomination papers of Bodh Raj from Gangath constituency following which there was no party candidate from that constituency. Mr Raj, whose election from.....