Wednesday April 16, 2008

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Sensex ends up 346pts, Infosys gains 6% 

Mumbai April 15:
The Sensex opened with a negative gap of 114 points to 15,694, and slipped to a low of 15,573 - down 235 points from the previous close - due to negative cues from the global markets.
 
ONGC Videsh qualifies for oil contracts in Iraq  

New Delhi, April 15:
ONGC Videsh Ltd., the overseas arm of state-run Oil and Natural Gas Corporation, on Monday qualified to bid for oil and gas contracts in Iraq to develop one of the world's largest oil fields, a company official said.
 
RPower to complete $2bn ECB issue next month 

New Delhi April 15:
Anil Ambani group's Reliance Power has identified HSBC, Standard Chartered and ABN Amro among other foreign banks for raising $2 billion of debt to help fund its ultra mega power project in Sasan.
 
India, Brazil to ink four agreements  

Rio de Janerio, April 15:
India and Brazil will sign four bilateral agreements, including an extradition treaty, to bolster bilateral relations.
 
Egypt to discuss FTA with India  

New Delhi, April 15:
Egypt today said it will explore the possibility of a Free Trade Agreement with India to boost trade and investment between the two countries.
 
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