Business Daily from THE HINDU group of publications
Saturday, August 23, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, August 23, 2008 ePaper | Mobile/PDA Version | Audio |
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AUDITING: Brokers told to carry out internal audits half-yearly ‘Move to aid transparency and accountability’. Mumbai, Aug. 22 The market regulator, Securities and Exchange Board of India, has asked the stock exchanges to direct their brokers and clearing members to carry out complete internal ... STOCK EXCHANGES: BSE bid to whip up derivatives falls flat ‘Spent Rs 65 cr on 2 market makers’. Mumbai, Aug. 22 The Bombay Stock Exchange had spent at least Rs 65 crore last fiscal on two market makers whose brief was to create volumes in derivatives trading on the Exchange. ... COMMENTARY: Markets this week Severe inflation hang-over, weak global markets cues and steep fall in commodities set a negative direction for the Sensex on Monday. The bears managed to resurface but failed to wrest full control from the bulls. After a seesaw battle, the bears ... PREFERENTIAL ALLOTMENTS: Orissa Sponge Iron to issue warrants to promoter, Unitech groups Plans to set up one million tonne steel plant. Kolkata, Aug. 22 Orissa Sponge Iron & Steel Ltd has set in motion its capital raising plan by issuing 70-lakh warrants to a promoter group and company and to a Unitech group company. Orissa ... STOCKS: EIH jumps amidst increasing trading volumes Co terms stake sale as baseless, untrue and mischievous. Mumbai, Aug. 22 Though EIH denied reports of its stake sale, the share price of the scrip soared 11 per cent on the BSE on Friday. ... FOREIGN INSTITUTIONAL INVESTORS: FIPB rejects Forum Synergies’ proposal Accepting investment from Mauritius offshore fund. New Delhi, Aug. 22 The Foreign Investment Promotion Board (FIPB) has rejected a proposal by the newly-established Forum Synergies (India) PE Fund Managers. ... IPOS: ‘New entrants spoil the party for realty sector’ Market cap sees steep fall to $30-35 billion. Mumbai, Aug. 22 It is the aspirations of the new generation builders that has led to the state of oversupply in the country’s real estate sector currently, said speakers at a seminar on ... INVESTMENTS: Tata AIG Life to increase equity exposure Tata AIG Life Insurance Company Ltd will look to ramp up its equity exposure this year as it has an opportunity to buy stocks in a falling market scenario, Mr Trevor Bull, Managing Director, Tata AIG Life, said here on ... STOCK EXCHANGES: BSE bids board seats to foreign bourses The Bombay Stock Exchange (BSE) has offered Deutsche Borse and Singapore Stock Exchange positions of director on the BSE board, said a senior BSE ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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