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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (6197)	9/1/1999 10:01:00 PM
From: sea_biscuit	Respond to of 12475

Well, this (hotels and resort centers) is yet another area in which the saffron-langots have to be told to shut up and foreign companies allowed to enter freely. In the 50-odd years since independence, India has not developed even one hill-station on its own. On the other hand, the ones meticulously developed and carefully nurtured by the British -- like Ooty, Kodaikanal, Darjeeling -- have been ravaged and ruined and turned into crap within two generations. It is time to hand over the management of these things (as well as sectors like insurance, fast-food, water supply, electricity supply, transport etc.) to those who have the ability to manage them, i.e. foreign companies.

To: Mohan Marette who wrote (6197)	9/1/1999 10:14:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 12475

`Listed' securities on wholesale debt market Our Bureau (BusinessLine) MUMBAI, Sept. 1 THE National Stock Exchange on Wednesday said that the following securities were made available for trading under the ``listed' category on the Wholesale Debt Market (WDM) during August: 1) Andhra Pradesh State Irrigation Development Corporation - 18 per cent secured, taxable, non-convertible, redeemable bonds, maturing on March 15, 2003. 2) Cholamandalam Investment and Finance Co Ltd - 14.40 per cent (series 7) and 14 per cent (series 8) secured, NCD, redeemable bonds, maturing on January 25, 2002, and February 16, 2002, respectively. 3) GE Capital Services India - 12.54 per cent (series 34) and 11.65 per cent (series 36) secured, NCD, redeemable debentures maturing on May 10, 2001 and May 31, 2000, respectively. I 12.50 per cent (series 35) secured, NCD, redeemable debentures with a option of detachable, separately transferable principal and interest coupon strips or regular returns maturing on May 10, 2002. I +2.30 per cent (series 37), +2.20 per cent & +2.35 per cent (series A1) floating rate (over NSE Mibor) NCD maturing on April 16, 2000 and May 16, 2000, respectively. 4) Indian Petrochemical Corporation Ltd - 13.35 per cent (series L) unsecured, redeemable, non-convertible bonds maturing on August 20, 2005. 5) ITI Ltd - 13.25 per cent (series E) secured, taxable, non-convertible, redeemable bonds maturing on February 15, 2004. 6) Konkan Irrigation Development Corporation - 14.50 per cent (series II) secured, taxable, non-convertible redeemable bonds maturing on March 31, 2004. 7) Nirma Ltd - +0.10 per cent (series D) floating rate (basis points increase every month from 9.50 per cent) NCD, maturing on March 24, 2000. 8) Power Finance Corporation Ltd - 10.40 per cent (series I) tax free and 13.85 per cent (series III) taxable, unsecured, redeemable non-convertible bonds maturing 10 years from the dates of allotment in 2008 and 2009 respectively.