Wednesday, September 22, 1999
ICICI ADR to be listed on NYSE today
ICICI Ltd will become the first Indian company to list its $315 million American Depository Receipts issue on the prestigious New York Stock Exchange (NYSE) of the US.
RBI turns down Kirloskar's plea
The Reserve Bank of India (RBI) has rejected the application of Kirloskar Investments and Finance Ltd of Bangalore for grant of a certificate of registration as a non-banking finance company (NBFC).
Syndicate Bank issue cleared
SEBI has cleared Syndicate Bank's proposal for a Rs 125 crore public issue at par, along with two other rights offers amounting to Rs 194.63 crore during the week ended September 10.
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