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FINANCIAL EXPRESS FRONT PAGE

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Saturday, February 20, 1999

Stock Update Forex Update

UTI, SHCIL headed for showdown over recovery of Bol Shareholding dues
The Unit Trust of India (UTI) has decided to raise the issue of non-payment of interest dues to it by BoI Shareholding, the clearing house for Bombay Stock Exchange (BSE), at the board of Stock Holding Corporation of India Ltd (SHCIL), the trust's custodian.

ICICI subsidiary rolls up its sleeves, mulls Rs 1,000 cr turnaround fund
ICICI Venture Funds Management Company Ltd plans to launch the country's first turnaround fund. The venture-capital company has initiated talks with multilateral agencies like the World Bank and intends to tap major domestic institutions to set up a fund with an initial corpus of Rs 1,000 crore.

Sebi plans measures to help small investors out of demat problems
Even as brokers are providing an exit route to small investors who want to sell their physical holdings without opening a demat account, the Securities and Exchange Board of India (Sebi) is also deliberating on measures to help small investors.


Inspirations furnishing fabrics

Central Electronics Limited

Patel Roadways Limited


  Malaysian palm oil sinks to 15-month low
  Malaysia palm oil sinks to 15-month low
  Global lows hit local commodity markets
  Company results buoy Australian share market
  Rash of good results buoys Australian share market
  UTI to raise BoI Shareholding interest payment issue at SHCIL board
  G-7 likely to plump for weak yen to aid Japan shake off recession blues
  Market Round-Up
  SHCIL woos super-rich via cyber trade kiosks
  CDSL receives good response prior to takeoff
  ISE proposes Rs 2 crore SGF
  "HLL, Glaxo to enjoy high valuation in future"
  Tokyo stocks down ahead of G-7 meet
  Sensex rises 4 points amid lacklustre trading
  ACC rights at Rs 55 a share stands on a strong wicket
  BOLT surges past Madras bourse in volumes
  Income funds require a homogeneous valuation methodology
  Investor Forum
  Anubhav investors join hands, plan legal action
  Market briefing
  Leaders, emerging winners key to KPIT's success
  For final direction, wait for budget
  SBI - An attractive buy
  Sebi plans measures to help small investors out of demat problems
  Oil association wants higher tariff on imports to protect domestic players
  Collect select scrips on decline and wait for market to soar
  `HLL, Glaxo to enjoy high valuation in future'
  Tokyo stocks down ahead of G-7 meet



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