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FINANCIAL EXPRESS FRONT PAGE

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Monday, March 22, 1999

Stock Update Forex Update

Kotak Securities eyes Bollywood stars deep pockets, lines up portfolio scheme
Kotak Securities, one of the largest stock brokers in the country, is eyeing a brand new segment of investors. A major marketing initiative is being launched to attract film stars to get market savvy and make sound investments to see them through on a rainy day.

Castor oil futures trading to start by April
Castor oil, one of the major component for paints, varnishes, soaps and industrial lubricants industry, will soon be traded for the first time in the country through international futures on the Bombay Oilseeds and Oils Exchange (BOOE).

Warehouse receipts to become tradable
Warehouse receipts will now become a tradeable instrument after the Bombay Oilseeds and Oils Exchange (BOOE) kicks off the much-awaited trading in international castor oil futures late April.


Inspirations furnishing fabrics


  Call rates run past 10 per cent; may skid to 8.5 per cent
  Kerala government's tryst with cold season vegetables bears dividends
  Bulls tighten grip on castorseed prices
  Groundnut exports registration put on hold
  Exempt agricultural produce from sales tax, urge traders
  Short supplies push up pepper
  US sells more corn, wheat to Colombia
  Assam government's Sunday wages policy unclear
  LME nickel spurts; domestic metals calm
  Update patent offices to make India competitive
  Developing nations to drive up aluminium sales
  New global mines pose threat to Goan iron ore
  Crude prices in Asia spurt as major producers agree on production cuts
  Fresh refinery woes drive up West Coast oil products
  Australian gold conference affects prices
  Cotton body estimates world crop production at 18.6 millionn tonnes
  Freight rates stay firm



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