
Thursday, May 20, 1999
US-64 net asset value jumps to Rs 11.50
According to latest figures disclosed by UTI, the net outflow from US-64 has been limited to around Rs 1,500 crore in the current year. And the good news is that the net-asset value of the flagship scheme has risen above the par value to touch Rs 11.50.
DoT, MTNL plan rebates for bulk users, firms to beat competition
In a major move aimed at combating emerging competition from private service providers, the department of telecommunications (DoT) and Mahanagar Telephone Nigam (MTNL) propose to grant rebates to bulk users and commercial organisations.
Reliance routes equity investment in RPL via group company in 1998-99
Reliance Industries has routed all its additional equity investments in Reliance Petroleum during the last fiscal through group investment company, Reliance Industrial Investments & Holdings.
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