Tomorrow's action 7/2/07
Listing of
Cambridge Technology Enterprises Limited
Akruti Nirman Limited
Today's News
ICICI Bank would increase its reference rate for home loans and corporate loans by 1 percentage point from Feb. 9.
The bank's benchmark rate for corporate loans would be at 14.75 percent and the rate for home loans would be at 11.75 percent after the increase, it said in a statement.
The move comes nearly a week after the central bank increased its key lending rate by 25 basis points to 7.50 percent.
Gammon India Ltd. said on Tuesday the stock market regulator had advised investment bankers that a proposed initial public offer of a Gammon subsidiary could not be allowed for a year.
Gammon said it has appealed against that order.
Shares in the company fell 6.6 percent to 384.90 rupees in the Mumbai market
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