Financial Daily from THE HINDU group of publications
Thursday, Sep 30, 2004
Financial Daily from THE HINDU group of publications Thursday, Sep 30, 2004 |
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Markets
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Stock Markets IDBI sells 13 pc in TNPL Our Bureau
Mumbai , Sept. 29 INDUSTRIAL Development Bank of India (IDBI) has sold 13 per cent of its holding in Tamil Nadu Newsprint and Papers Ltd (TNPL) to Life Insurance Corporation of India and General Insurance Corporation. LIC has purchased 10 per cent of the equity of TNPL amounting to 69,63,800 shares at a price of Rs 64.20 per share. GIC acquired three per cent stake at the same price.
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