
Monday, November 23, 1998
Future looks bright for IPSTA-run bourse
Thirteen months after commencing commercial operations, the IPSTA-run International Commodity Exchange (IPSTA-ICE) in Kochi is hoping to take off with the finance ministry giving the green signal to start dollar-denominated contracts in pepper futures.
Inter-ministerial wrangle over contentious issues continues
Even as the Companies Act (Amendment) Bill is ready allowing share buy-back, nomination facility and provision for issue of sweat equity, among others, divergent opinions marked inter-ministerial consultations on these issues.
ICICI meets global investors in a bid to hardsell battered scrip
Term-lending institution ICICI has embarked on a fire-dousing mission abroad to convince foreign institutional investors (FIIs) about the "worth" of its shares. The "mission" followed the fall of the ICICI share price by over 60% since April this year.
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