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Wednesday, January 28, 2004

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SEBI panel moots lower demat charges for small investors
IN a bid to reduce the cost of operating dematerialised accounts, a Securities and Exchange Board of India (SEBI) committee recommended that small investors be charged in proportion to the value of the trades and not on a per transaction basis. ... More

Sensex gains 176 points on SEBI's participatory notes clarification
THE stock prices bounced back sharply on Tuesday on back of the clarification by SEBI on participatory notes (PNs) on Friday. The market was not able to discount the full impact of PNs as the official clarification came after the market hours. ... More

Reliance to set up 3500 MW gas-based power plant in UP
RELIANCE Industries Ltd on Tuesday announced plans to set up the world's largest power plant in Uttar Pradesh, having a capacity of around 3500 MW. "The project will produce power at a cost of around Rs 2 per unit and will operate on domestic ... More

We may look at joint venture partners, says Anil Ambani
Reliance has rarely taken a joint venture partner in its business ventures. The first exception was made in the case of the 4000 MW Hirma project where it teamed up with Mirant Corporation, US. Would Reliance rope in a partner to set up this ... More

Cabinet for LS dissolution on February 6
THE Union Cabinet on Tuesday decided to recommend dissolution of the Lok Sabha on February 6, paving the way for early general elections. "The Cabinet on Tuesday decided to advise the President to dissolve the 13th Lok Sabha on February 6, ... More




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