
Tuesday, June 15, 1999
SBI Securities set to merge with SBI Caps
The State Bank of India has decided to merge the two-year old SBI Securities, stock-broking arm of the SBI group, with its investment banking outfit, SBI Capital Markets.
Kargil still hovers over markets, feel fund managers
Despite the strong recovery in the indices on Monday, participants largely believe that uncertainty will continue to haunt the markets in the short-term.
BSE introduces `Z group' companies
The Mumbai Stock Exchange has decided to introduce a new `Z group' in which equity shares of 25 companies would be placed who have not complied with and are in breach of several provisions of the listing agreement.
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