Inflation rate at 6.09%

New Delhi, April 27: The rate of inflation was 6.09 per cent in the week ended April 14 compared with 3.7 per cent for the same week in the previous year. The rate remained at this level for the second week in a row. Prices of vegetables, which had risen over 23 per cent in the previous week, declined 5 per cent in the week under review and did not contribute to the price spiral.

Maruti shares

New Delhi, April 27: The government is expected to decide a floor price to divest its remaining 10.27 per cent stake in Maruti Udyog Ltd by the second week of May. The government will soon invite bids from domestic financial institutions and banks.

Sebi move

Mumbai, April 27: The Securities and Exchange Board of India (Sebi) today asked market intermediaries to identify every participant in the securities market with the respective permanent account number to ensure sound audit trail of the transactions.

Vipul stake

New Delhi, April 27: Wachovia Corporation has picked up about 15 per cent stake in realty firm Vipul Ltd for Rs 234 crore and plans to invest up to $1 billion in the Indian real estate market this year.

Sesa Goa

Mumbai, April 27: Vedanta Resources has made an open offer to the shareholders of Sesa Goa to acquire a 20 per cent stake in the company for up to Rs 1,603.05 crore.