The derivative contracts in the underlying TTML has crossed 95% of the market-wide position limit on September 03, 2007. It is hereby informed that all clients/ members shall trade in derivative contracts of TTML by offsetting their existing positions till the open interest comes down to 80% of the market wide position limit.
Add commentSeptember 3rd, 2007
NSE Press Release
The media had reports on May 31, 2007 that Telekom Malaysia may acquire Idea Cellular Limited.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Idea Cellular Limited has vide its letter inter-alia stated, “In this regard, the company at this moment does not wish to comment on the media reports which are speculative and factually incorrect.”
Add commentJune 1st, 2007
NSE Press Release
The media had reports that Videsh Sanchar Nigam Limited may sell the surplus 773 acres through an open market sale and raise up to 10,000 crores.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
Videsh Sanchar Nigam Limited has vide its letter inter-alia stated, “In this regard, it is hereby informed that VSNL is not aware of any such decision of neither the Government of India nor the Strategic Partner”.
Add commentMarch 23rd, 2007
NSE Press Release - Feb 5, 2007
The media had reports that XL Telecom Limited is likely to bag two pilot orders worth Rs 30 crore each for supply of Solar panels from power utility company in Europe.
The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company.
XL Telecom Limited has vide its letter inter-alia stated, “At the outset the information has not emanated as Press Release from the Company. Further, the company will always be looking out for new customers and will inform the stock exchanges first before we release the information to outside people about release of orders. As already informed, we have currently couple of Pilot Orders on hand and on execution of these we have the potential to get further orders.”
Add commentFebruary 6th, 2007
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