Mandatory dual-rating mooted for issues above Rs 50 crore
The SEBI-appointed committee set up to frame regulations for credit-rating agencies has made it mandatory for companies to seek dual rating for issues of size above Rs 50 crore.

Six-month forwards sink below 7%
The six-month annualised forward premiums dipped below the crucial 7% mark on Wednesday for the first time in three months in the wake of the announcement of a package of measures to boost exports.

Alliance Capital AMC to unveil equity fund
Alliance Capital AMC is launching its maiden equity fund on August 17. The fund carries a novel feature of reinstatment service, whereby an investor, who has redeemed his units can re-enter the fund within 30 calendar days at the prevailing net asset value without paying the 2.25% entry load.

  Asian bourses get ready for the bug
  FMC yet to clear domestic pepper futures trade
  Commodity Briefing
  Icra asigns LAAA rating to TEC bond programme
  Financial Briefing
  Rs 2,500-crore four-year paper fully subscribed
  Asian stocks catch Wall Street blues
  Non-compliance of SEBI diktat on gross exposure may have led to payment crisis
  SEBI panel makes dual credit rating for issues over Rs 50 crore mandatory
  Market Round-up
  Market Briefing
  State Bank of Mysore to reduce face value before tapping market
  Telco shares accelerate on bourses
  Tata Twin Option Fund outperforms Sensex
  MSGF is a market underperformer
  Tata group stocks back in the limelight; post modest gains
  DSE clears TGF agreement
  Stocks close higher on hopes of incentives to exporters
  European stocks dive
  Sensex must cross 3,250 points to confirm upward trend
  Downward trend continues in groundnut oil; gold, silver bounce back
  Wool futures stabilise on government intervention