Log has written
WEDNESDAY, FEBRUARY 15, 2012

Mumbai: Aqua Logistics Ltd extended the offer period for its initial public offering (IPO) to 2 February and lowered the price band for the shares to Rs200-225, according to a statement on the National Stock Exchange.

The firm had initially proposed to end the IPO offer period on Thursday, and had offered the shares for Rs220-230 each.

—Bloomberg

*********

New currency futures pairs from 1 Feb

Mumbai: Beginning Monday, the National Stock Exchange and MCX Stock Exchange will launch futures trading in three new currency pairs: euro-rupee, pound sterling-rupee, and Japanese yen-rupee.

Currency futures have until recently been available in dollar-rupee.

The Reserve Bank of India and Securities and Exchange Board of India on 19 January allowed trading in the new currency pairs.

—Anirudh Laskar

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