Oil prices have climbed to more than $79 a barrel, reaching the highest levels for five weeks. During Monday’s trading in London, US crude touched $79.12 a barrel before falling back later to $78.77.
Heating oil futures led the gains, while London Brent crude rose by

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Gujarat NRE – conversion of FCCBs
Gujarat NRE Coke Ltd has announced that the Company at its meeting held on June 26, 2009, has issued and allotted 45,02,016 Equity Shares of Rs. 10/- each at a premium of Rs 34.64 per share pursuant to Conversion Notice(s) received from the holder(s) of FCCBs for conversion of FCCBs [...]

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Moser Baer – Foreign Currency Convertible Bonds
Moser Baer India Ltd has announce the following repurchase of the Foreign Currency Convertible Bonds, particulars of which are set out as follows:
Tranche A
- Number of Convertible Bonds : 10
- Total Amount Paid : US$ 435000

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Moser Baer – Foreign Currency Convertible Bonds (FCCB)
Moser Baer India Ltd has announced the following repurchase of the Foreign Currency Convertible Bonds, particulars of which are set out as follows:
Tranche A
- Number of Convertible Bonds : 10
- Total Amount Paid : US$ 250,000

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Financial Technologies India Ltd has announced that the Company has repurchased Zero Coupon Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 3 million at a discount of 37.73% on accreted value as per details mentioned below and shall extinguish the same.
- Number of Convertible Bonds : 3000

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Financial Technologies – Foreign Currency Convertible Bonds
Financial Technologies India Ltd has announced that the Company has repurchased Zero Coupon Foreign Currency Convertible Bonds (FCCBs) aggregating to US$ 5.50 million at a discount of 37.45% on accreted value as per details mentioned below and shall extinguish the same.
- Number of Convertible Bonds : 5500

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Tulip Telecom Ltd has announced that in terms of the approval granted by the Board of Directors of the Company on January 19, 2009 to extinguish, restructure, buyback / redemption of FCCBs, the Company, till date, has repurchased the FCCBs aggregating to US$ 30.50 million

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