The Financial Express -- Markets

Wednesday, August 13 1997

SEBI puts off decision on carryforward

The Securities and Exchange Board of India (SEBI) on Tuesday disappointed the market by not discussing the JR Varma committee recommendations on the modified carry forward system. SEBI chairman DR Mehta told reporters after the meeting that the issue was not discussed for want of time.

RIL group companies zoom ahead on the bourses

Reliance group companies including Reliance Capital, Reliance Industrial Infrastructure and Reliance Petroleum have shot into limelight on the bourses. The rise in prices of these scrips accompanied by surging volumes have seen a relatively higher gain compared with Reliance Industries.

MCS buys out registrar unit of Birla Consultancy

MCS Ltd has bought out the registrar and share transfer division of Birla Consultancy & Software Services(BCSS), a unit of Grasim Industries. MCS has written to the Securities and Exchange Board of India (SEBI) and the Bombay Stock Exchange (BSE), informing them about the purchase.

ICICI Bank offer oversubscribed 5.5 times

Bullion quoted higher in kerb deals

Jardine launches Malaysian equity fund

Euroyen, Tokyobonds close lower

Platinum, palladium rule lower despite tight supply

Rumours on SEBI meet wipe out early gains on DSE

Thumbs down for Hindalco update plans

NSE debt deals spurt to Rs 1,831 crore

Panel tags MSE SGF at Rs 3.85 cr

Sensex slips 57 points

Market Round-up -- Call Money

US bonds remain firm