Infosys ADR trades at 51% premium to domestic price
The Infosys ADR is racing way ahead of its domestic shares on the Nasdaq market, touching an all-time high of $56.125. The result -- The ADRs are trading at a whopping premium of 51 per cent to the underlying domestic shares.

Reliance may redeem 4 debenture floats worth Rs 612 cr this fiscal
Reliance Industries, the flagship of the Ambanis, is set to redeem four debenture floats during the current fiscal aggregating a whopping Rs 612 crore in 1999-2000, making it possibly the largest bond redemption by any Indian company in one financial year.

Morgan Stanley breaks dividend jinx, to hand out 75 paise a unit
The five-year drought for investors in Morgan Stanley Growth Fund has ended with the fund declaring an interim dividend of 7.5%. This translates into a payout of 75 paise per unit, originally priced at Rs 10.

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  Market Briefing
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  Market Round-Up
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  Reliance jacks up yarn price once again; castor oil dips
  Tokyo stocks up 0.4%
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  BSE to publish daily list of high-risk Z-category stocks from next week
  Neha Resources shareholders get exit option
  Garware Polyester perks up on the bourses
  Shares On The Move
  Satyam Computer -- On the beat again
  Sluggish Sensex conceals volume buying in several scrips
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