Wednesday, December 1, 1999
Divestment panel ceases to exist
The Disinvestment Commission, headed by G V Ramakrishna, today demitted office at the end of its three-year term in the absence of any decision by the new government on the commission's fate.
Satyam deal -- investors skeptical about high acquisition co
Satyam Infoway Ltd's ADRs (American Depository Receipts) soared on news of its purchase of stake in an Indian internet portal (a site offering all kinds of services under one umbrella).
Rolling settlement to start in ten scrips from Jan 10
Indian stock exchanges would introduce rolling settlement with effect from January 10. The Bombay Stock Exchange (BSE) will be the first exchange to introduce the new system in the country.
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