Sunday, December 20, 1998
US attack on Iraq wipes 8% off Skindia Index
The US attack on Iraq led to panic selling at the GDR markets last week, bringing the Skindia GDR Index down by 7.96% to close at 524.49 points on December 17.
Ashok Agarwal team muscles into DSE board
Former Delhi Stock Exchange (DSE) president Ashok Agarwal-led eight-member group has been elected as directors to the board of DSE for 1998-99 at its 50th annual general meeting held yesterday.
Dave committee draws up accounting norms for plantation firms' schemes
The SA Dave committee set up to frame guidelines for collective investment schemes has finalised the accounting norms that will be applicable for such schemes. The committee will meet again on December 28 to finalise the report.
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