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Non-Tech : ICICI Ltd - (Nyse: IC)

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To: stock4U who wrote (92)	2/9/2000 10:12:00 AM
From: Mohan Marette	Read Replies (1) of 494

Well here is a piece of news-icici unit denies U.S listing plans. Wednesday February 9, 9:23 am Eastern Time ICICI unit denies U.S. listing plans BOMBAY, Feb 9 (Reuters) - ICICI Web Trade, a subsidiary of Indian financial services firm ICICI Ltd (NYSE:IC - news)(NYSE:ICd - news) on Wednesday denied press reports that it was planning to get its shares listed in the U.S.. ``It is clarified that the company has not initiated any procedures for a U.S. listing,' a statement from the company said. ICICI Web Trade is yet to finalise a launch date for its operations but it was likely to receive the necessary approvals by the end of February, the statement said. ``At the time of the launch these services would be available to resident Indians....(it) would be offered to non-resident Indians on receipt of certain approvals,' ICICI Web Trade said. biz.yahoo.com

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