The Telegraph
Since 1st March, 1999
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Business Briefs

Inflation at 3.58 %

New Delhi, Oct. 6: The inflation rate dipped by 0.45 per cent at 3.58 per cent for the week ended September 21 mainly due to lower prices of vegetables and essential goods. The wholesale price index declined by 0.1 per cent to 167.6 from 167.8 during the previous week and 161.8 a year ago.

ICSI guidelines

New Delhi, Oct. 6: Institute of Company Secretaries of India (ICSI) has announced that annual, quarterly and half-yearly accounts of every company should be approved at its board meeting, and not by means of a resolution passed by circulation.

Nalco selloff

New Delhi, Oct. 6: Sebi and the Securities Exchange Commission of the US have approved in-principle the simultaneous sale of Nalco shares to the public in both markets as well as to a strategic buyer.

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