Alchemist's director resigns

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Madoff sons reported jewellery violations to U.S.
To seek $2.5bn worth damages from Kuwait for breaking deal
ISM Non Manufacturing Index at 40.6
Pending Home Sales Index down 4% to 82.3
Factory sales fell 5.3% in Nov, biggest drop on record
PSU oil officers strike not to hit ops of most refiners
Oil officers strike not to affect ONGC, Oil India output
Not desperate to enter 3G: Akhil Gupta
High price to affect 3G bids: Sunil Mittal
Crude futures higher; breaches $50/bbl in day trade
Urgent OPEC meeting to take place in Kuwait, in Feb
IL&FS Trust: Sold 24.52 million shares (3.6%) since Dec-23
47% of the current promoter stake pledged with lenders
Satyam promoters holding down to 3.60% vs 5.13% earlier
Oct-Dec crude steel output at 1.5MT, up 17% (YoY)
Tata Steel sales decline 14% to 1.07MT
India likely to send representative for OPEC meet in Feb
SRSR Holding's stake down to 3.5% vs 5.13% in Satyam
Goldman Sachs cut China GDP forecast to 6%
Saregama India gets into big budget film production
Weak Q3 earnings reflecting current stock prices
Crude futures higher;breaches $50/bbl in day trade
Urgent OPEC meeting to take place in Kuwait in Feb
Strike not to hit operations of most refiners
Strike not to affect ONGC, Oil India output
December exports to fall 1.6% (YoY): Sources
Apr-Dec exports at $130bn vs $113bn (YoY): Sources
India FY'09 export seen at $175bn: NW
Rupee closes at 48.69/$ vs 48.56/$ on Monday
Meet to discuss the demand supply situation: Sources

Updated: 19/08/2008 | 12:00 AM IST

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Tuesday, August 19, 2008 (New Delhi)

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From the board

Alchemist has accepted the resignation of Major Gurjeet Singh (retd.) from the directorship of the company.

The company made this announcement during the trading hours today, 19 August 2008.

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