Friday, May 14, 1999
Foreign funds take Sensex past 4,000 mark
Bulls seem to have turned unstoppable on Indian stock markets. With stock prices zooming on sustained purchases by FIIs, the BSE Sensex spurted by 137 points and crossed the psychological barrier of 4000 points as the FII-driven rally gathered further momentum.
SEBI to bar rating of CRA promoters
The Securities and Exchange Board of India (SEBI) will soon come out with a new set of regulations barring credit rating firms from rating financial instruments floated by its promoters with over 10 per cent stake.
SC rejects Govt, cos plea on Euro norms
The Supreme Court today rejected pleas by auto manufacturers and Union government for extension of the deadline fixed by it for implementing stricter emission norms in registration of private non-commercial vehicles in the national capital region (NCR).
|
|
