
Saturday, August 7, 1999
Open up repos market -- RBI panel
The sub-group of a RBI advisory committee has recommended that all entities, including corporates, may be allowed to undertake repurchase agreements in government securities, PSU bonds, private corporate debt securities and all financial institutions' bonds.
Amex Info IPO oversubscribed 5 times
The Rs 6.87 crore Amex Information Systems' maiden public offer has been oversubscribed a little over 5 times. Accrding to market sources, the company has received the amount in around 11,000 applications.
NSE shuts 30 terminals on margin hiccups
Terminals of as many as 30 brokers in the National Stock Exchange were shut down as they could not pay margins following the introduction of the new system of margin introduced by Sebi.
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