Tuesday, July 18, 2000



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Sensex falls 110 pts in FII-led sell-off
Stock markets on Monday crumbled under heavy offloading by foreign institutional investors (FIIs) and bull operators in index-based software and select old-economy shares. The benchmark Sensex fell by 109.50 points to close at the day's low of 4747.32 on the BSE.




PM's panel to prepare growth paper
The Prime Minister's economic advisory council has decided to prepare a common approach paper detailing measures to put India on a high growth pedestal.




NTT of Japan to make largest global issue of $ 13.5 bn
Race to lead manage one of the world's largest share issues begins in earnest this week when Japan's government sends out invitations to dozens of brokers for assisting in NTT Corp's $13.5 bn public share sale.




Other headlines

Panel to harmonise Cos Bill with IT Bill
UTI snubs Reliance's offer for BSES
India, China sign first IT pact
OPEC to raise output, prices fall
General Mills to buy Pillsbury for $ 10.5 bn
London, Frankfurt exchanges explore merger with Nasdaq
Economic agenda must be depoliticised -- PM
Otis net rises


 
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