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Sunday, December 29, 2002

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Bank for securities lending mooted
IN a bid to boost securities lending and margin trading on stock markets, a SEBI concept paper has mooted creation of a single entity akin to a bank that can do both activities: i.e., providing funds for margin trading and lending ... More

Govt decides on short re-bid for Hind Organic
THE Cabinet Committee on Disinvestment (CCD) on Friday decided to go for a short re-bid for selling stake in Hindustan Organic Chemicals Ltd (HOCL) after approving a financial restructuring scheme with the aim of allowing more bidders to ... More

Dhirubhai leaves his stamp
A COMMEMORATIVE postage stamp of the late Dhirubhai Ambani, founder of the Reliance group of companies, was released by the Union Minister for Telecommunications, Mr Pramod Mahajan, here on Saturday, the 70th birth anniversary of Ambani. The ... More

Prepay your bank loan and pay dearly for it
WHEN you see the legend `No prepayment penalty' on a bank hoarding, you may think somebody is playing a prank. Who's prepaying these days? After all banks have hitherto only been complaining about delayed payments. Do a double take and you ... More

Cos play truant as RoC is drowned in paper pool
WANT to convert your `mom and pop' stores into a limited company but afraid of the `inspector-raj' of the Department of Company Affairs (DCA)? Not to worry. Actually, the Big Brother may just not be out there watching you. Statistics put out by ... More


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