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Saturday, November 14, 1998

Buyback guidelines impractical, say analysts
The guidelines for companies buying back their own shares issued earlier this week by the Securities and Exchange Board of India (SEBI) are impractical, inadequate and incomplete, say analysts. The new SEBI guidelines are too restrictive and would not please corporate captains, argue capital market experts.

Centre's plans need to put through reality check
The prime minister means well when he defends his dream about the Rs 28,000-crore six-lane highway from Silchar to Saurashtra and Kashmir to Kanyakumari. I wish I could believe him.

Adjust your seat belts to the 171-point leap
Monday's sensex could shock you out of the slumber forced by bears. You could wake up to a sensex that would have lept past the 3100-mark overnight. But don't be shocked if the index is close to the 3,200 level. You still may not find any recharged bull around Dalal Street.


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