
Wednesday, September 22, 1999
ICICI to be listed on NYSE today
ICICI Ltd is set to create history on Wednesday when its American Depository Receipts (ADRs) get listed on the New York Stock Exchange (NYSE).
Continental set to acquire stake in Modi Rubber
Global tyre major Continental AG is close to signing a deal with Modi Rubber for picking up a substantial equity stake in the company at a price of around Rs 125 per share.
Satyam to pick up 9% stake in In Touch of US for $2.5m
Satyam Computer Services will buy a 9.06% stake in US firm In Touch Technologies (ITTL). The board has approved an investment of $2.5 million in the US company which makes software for telecommunications.
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