Thursday, October 15, 1998
Amartya Sen bags economics Nobel Prize
Amartya Sen, who took economics to the exulted heights of philosophy with his stress on welfare was today chosen for this year's coveted Nobel Prize, which many felt was long over due. He has become the sixth Indian to win the Nobel prize.
Morgan, Schroders sales come under SEBI microscope
SEBI has zeroed in on two foreign institutional investors -- Morgan Stanley and Schroders -- for pressing "abnormal" sales, accounting for more than 70% of the total sales effected by all FIIs on October 5.
Banks commit Rs 1,000 crore subscription to US-64
Public-sector banks have made an on-the-spot commitment to subscribe to US-64 units worth Rs 1,000 crore.This follows a presentation made by Unit Trust of India (UTI) to the bank chiefs.
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