The Financial Express -- Markets

Saturday, July 5 1997

Mutual funds come under SEBI glare, strict guidelines to be enforced

SEBI has decided to review some of the mutual fund regulations with respect to the investments in affiliate companies and quantum of business to be routed to brokers. It has also decided to enforce the submission of a inspection compliance report before any new scheme is launched by a fund.

NSE to build bridges with brokers

The National Stock Exchange has decided to go in for a major attitudinal change in its relationship with member-brokers. NSE authorities have realised that they need to increase the level of direct dialogue with their members and have outlined various measures to achieve this.

Fund-starved NBFCs turn to bond market

Some of the major non-banking financial companies (NBFCs) have drawn up plans to tap the bond market for mobilising funds. Many of the leading NBFCs are faced with funds crunch along with the ever-present pressure of maturing deposits. The NBFCs are likely to collect around Rs 1000-1200 crore through bonds.

Investors in L&T FD Plus to get lower returns as benchmark falls

`It's time individual investors returned to the stock market

Thai stocks surge;Baht eases as trade withers

Birla Cash Plus targets corporates with short-term surplus

Sterling strengthens against mark

Tokyo stocks likely to ease next week

Gold dips to 11-1/2-year low on panic selling

IRFC to finalise price of Eurobond on July 7

RBI repo rate unchanged

Market Round-up -- Call Money steady

Profit-booking takes precedence

Telco: Worth a buy at Rs 425

BSE submits revised arbitration bylaws to SEBI

Silver nosedives; polyester 80dn roto yarn bullish

Financial Briefings -- FII inflows touch $365.5 mn in June

Market Briefing -- SBC Warburg, Sungrace Mafatlal in broking foray