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26 February 1998

  SEBI not to play ball with Castrol on dematerialisation wrangle
The Securities and Exchange Board of India (SEBI) is set to strike down Castrol India's decision to disallow partial dematerialisation of an investor's holdings.
  BOLT expansion to Pune to be operational soon
Following The Securities & Exchange Board of India (Sebi)'s approval, the BOLT terminal expansion to Pune Stock Exchange (PSE) is all set to be operational within a fortnight. As about 40 PSE members have already received the go-ahead for installing the on-line facility.

Chinese, HK banks take over NatWest Securities
China's largest state-owned commercial bank and Hong Kong's Bank of East Asia Ltd (BEA) have jointly acquired a major share of the Asian securities business of Britain's National Westminster Bank Plc.
Nifty inches up by 22 points
A speculator-driven rally in the absence of fresh selling pressure from institutional investors saw the NSE-50 (Nifty) Index surge by 21.95 points to close at 1,036.05 points on Wednesday.


LIC

Syndicate Bank

NCPRB

 

Short-term FD rates set to come down, says I-Sec
The short-term fixed deposit rates offered by banks which witnessed unprecedented high levels in the past one month are all set to return to more realistic levels, according to ICICI Securities (I-Sec).

Essential foodgrain prices witness a sharp fall
The arrival of new stocks of essential commodities has led to a sharp drop in their prices in the wholesale market in Pune. The past ten days have seen the prices of wheat drop by Rs 150, gram and gram dal by Rs 300-400, masoor dal by Rs 200 and jowar by Rs 50-75 (all prices refer to per quintal).

 


  Low liquidity plagues Trafalgar House
  Regulator in favour of doing away with mandatory disclosure of ratings by firms
  Market players discount El Nino impact on Tata Tea performance
  Market Briefing
  Whirlpool plans rights issue to prevent erosion of net worth
  Financial Briefing