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Reliance Power Bonus Clarification Feb 19 ,2008

Reliance Power Limited has vide its letter dated February 19, 2008, provided clarifications regarding issue of Bonus Shares as follows: " (1) As per the Terms of Issue, where Shareholders chose Payment Method 1, the balance amount was due on allotment and a notice for the same has been sent to the Shareholders to make the balance payment on or before February 26, 2008, i.e. before the proposed bonus issue. Thus, by issuing notice to Members requiring them to make the balance payment on the partly paid shares (whereupon the call becomes due) all Equity Shares have been made fully paid-up by the Company. Accordingly, the Company is in compliance with chapter 15.1.5 of the SEBI (DIP) Guidelines, 2000. In relation to shares, where the said call money remain in arrear after the stipulated date, the Company, will keep the bonus shares in abeyance and the same shall be given to the respective holders upon receipt of call money. This means all shares are will be fully paid up by Feb 26. ...

Newspaper Reports on December 24

MUMBAI, Dec 24 (Reuters) - Indian newspapers carried the following stories in their print or Web editions on Monday. Reuters has not verified these stories and does not vouch for their accuracy. ECONOMIC TIMES ( www.economictimes.com ) * Citigroup Venture Capital plans to sell a part of its 75 percent stake in brokerage firm Sharekhan. Sharekhan may be valued at 15-20 billion rupees. Merrill Lynch is the front runner to buy the stake. ( MER.N | Add to Watchlist ) * Serial entrepreneur C. Sivasankaran is considering selling his 7 percent stake in telecoms firm Tata Teleservices and wants 50 rupees a share for his holding. * Bharti Enterprises, part of a group which owns telecoms firm Bharti Airtel , may acquire Delhi-based retailer Big Apple. Bharti plans to start retail operations in March and the cash and carry business in partnership with Wal-Mart in the third quarter of next year. ( BRTI.BO | Add to Watchlist )(WMT.N | Add to Watchlist ) * Future Capital, the financial arm of t...

India got NSG Waiver 8th SEPTEMBER STOCK MARKET

How u all Relate NSG with Indian Equity ???? How will the stock markets perform on Monday? Nuclear Suppliers Group Forty-five nations lifted global ban on nuclear fuel trade with India . The countries which are part of NSG Nuclear Suppliers Group are NSG countries are: Argentina, Australia, Austria, Belarus, Belgium, Brazil, Britain, Bulgaria, Canada, China, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Japan, Kazakhstan, Latvia, Lithuania, Luxembourg, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Romania, Russia, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, Ukraine and the United States. A reuters news post quotes... "The Congressional calendar is short. The main thing is that the international work is now done," Condoleezza Rice said. "I certainly hope we can get it through." News articles With NSG waiver, N-deal on course Times of India - Sep 06, 200...

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