The Indian Express -- Business

Saturday, October 04 1997

FOREX RATES INDICES STOCK

NSE, OTC, CSE hit by satellite failure

The failure of INSAT-2D affected trading activity on major stock exchanges like the National Stock Exchange, Over-the-Counter Exchange of India (OTCEI) and the Calcutta Stock Exchange (CSE) on Friday. CSE and OTCEI, along with IDBI and UTI, will be functioning before Tuesday next as their VSATs have to be realigned.

Barclays makes up mind to get rid of BZW unit

British banking group Barclays admitted defeat in its attempt to make its investment banking unit BZW a major player on the global stage. It plans to sell the equities, equity capital markets and mergers and acquisitions parts of BZW and would prefer to do so as one package.

MRTPC case on Brilliant Tutorials

The Chennai-based Brilliant Tutorials, an institute whose name has been traditionally associated with excellence in education, is now facing charges of giving misleading information in their advertisements in a case filed in the court of the Monopolies and Restrictive Trade Practices Commission.

Values fall on unloading

DGFT revises credit rates under DEPB

RPG Ricoh, PAL Credit rating lowered

MRTPC case on Brilliant Tutorials

SBI opens industrial branch

Plan panel rewrites fertiliser chapter

Bizbits -- FII investments up in Sept

NSE, OTC, CSE hit by satellite failure

CSB, TMB on sale

Barclays makes up mind to get rid of BZW unit