
Sunday, August 8, 1999
ICICI not to raise exposure to steel sector, says Kamath
ICICI will not increase its exposure any further to the steel industry, according to its chief executive officer KV Kamath.
Carryforward rates hover around 21%
With substantial financing available for the carryforward of positions and some reduction in the net outstanding position on Friday, the badla rates on the Bombay Stock Exchange (BSE) on Saturday remained around 21%, marginally lower compared with the rates in the previous Saturday.
`1,200 foreign militants cross Line of Control'
In a startling disclosure that will puncture the post-Kargil euphoria, BSF's Inspector General in Baramullah, AS Mangat, has claimed that over 1200 foreign militants have occupied the high ridges on the Indian side of the Line of Control (LoC).
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