The Financial Express -- Markets

Monday, July 7 1997

Sebi intervention in indemnity bond issue sought

With the National Stock Exchange reluctant to make a climbdown on its stipulation that its members provide personal indemnity bond, the NSE Members Association sought immediate intervention from the Stock Exchanges Bureau of India for amicable settlement of the issue.

Bullish prospects for IPCL in the long term

Marked by falling sales and profitability, fiscal 1996-97 is a year that IPCL would like to forget and move forward. Fortunately, so does the investing public. The PSU scrip, which was hammered badly on rumours of a 25% drop in net profit and reached a bottom of Rs 114.50 in May-end.

Investor Protection Fund awaits Chidambaram nod

The Department of Company Affairs (DCA) has decided to set up an Investor Protection Fund. Sources say that final decision on the proposal would be taken after it is studied by the Finance Minister, P Chidambaram. If approved by the minister, the provision would be incorporated in the Draft Companies Bill 1997.

Partial tax rebates allowed on bonds & debentures

Sixty Four GDRs gain on active FII participation

Isn't it worth looking at the navratnas now?

Stock rating -- Crisil assigns `FAA+' for TIDCO

Sensex to continue upward march despite small corrections

Open-ended funds fail to outperform benchmark indices

Can liquidity alone prod industrial production?

Call rate swings between 3 and 8.9 %

Fund update -- US '64 pays 20%

Good harvest for promoters; no fruits for investors

Is the bullish sentiment in cement stocks for real?

NSE steps up efforts to keep at bay stolen, forged shares