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Corporate Economy Expressions Markets Leisure 11 January 1998   ANZ Investment Bank cherry-picks top brass of NatWest Market ANZ Investment Bank (ANZIB), the investment banking arm of ANZ Grindlays Bank, will soon take over the top brass of NatWest Markets for its foray into equities. Instead of buying out the Indian operations of NatWest Markets, will recruit some of the former's top brass.   AMFI to discuss audit fees imbroglio with SEBI The Association of Mutual Funds in India (AMFI) plans to take up the issue of disparity in fees charged by auditors, who inspect mutual funds, with the Securities and Exchange Board of India (SEBI). As per the Mutual Fund Regulations 1996, SEBI can inspect mutual funds by appointing inspecting officers and auditors. Carryforward rates rule at 15% Carryforward rates ruled at a moderate average 15% during Saturday's session. There was an unusually large number of corporate brokers in the fray for badla financing this session, leading to excess supply of finance and a consequent fall in rates. SEBI to discuss Bhave report at next board meet The Securities & Exchange Board of India (SEBI) will take up the Bhave committee recommendations on continuous disclosures for companies at its next board meeting. The regulator has sought suggestions from stock exchanges and industry chambers on the committee's recommendations.   Drop in gold prices pushes up sales in Pune A steep fall in the price of gold in the bullion market has also led to a drop in the price in the retail market. In Pune, this has resulted in an increase in gold sales by 10% to 15% over the past three months (October '97-January '98), although the sales are inevitably preceded by intensive speculation on the part of the customer, in the hope of a further fall in prices. Skindia GDR down 3% Moody's possible downgrading of India's Baa3 sovereign, combined with the volatile South East Asian markets saw vary investors in the international and also the local markets. The Skindia GDR index closed at 870.04 for the week ending January 8, recording a fall of 2.89% as against the last week's close of 895.92 points.     Edible oils decline on selling; sugar improves