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Corporate Economy Expressions Markets Leisure Tuesday, March 17, 1998   Percentage of FDI to actual approvals at low of 23.4% low The percentage of actual inflow of foreign direct investment (FDI) to total approvals is exceptionally low as only 23.4 per cent ($2.4 billion) of the total FDI approved ($10.3 billion) actually flowed into India during 1996, according to an analysis carried out by the PHD Chamber of Commerce and Industry (PHDCCI).   OTCEI gets new chief; revival package soon The OTCEI board has paved the way for a change of guard to revive the sagging fortunes of the bourse. Joseph Bosco has been selected for the job subject to SEBI approval. Bosco has been asked to chalk out a revival plan for the exchange by the next board meeting to be held in a month's time. Panel set up to finalise terms with BgSE for coffe-futures trading The recently-formed Coffee Futures Exchange India (COFEI) Ltd has announced the setting up of a three-member committee to finalise the terms and conditions with Bangalore Stock Exchange (BgSE) authorities to commence coffee-futures trading by May 15. SEBI plan to restrict derivatives trading kills dealers enthusiasm The battle for the introduction of derivatives trading in the country has taken a fresh twist with SEBI keen on restricting derivatives trading to institutional investors. The move reportedly will "kill" the derivatives segment even before it takes off.   CSE to exclude "unusual" trades from settlement guarantee fund The settlement guarantee fund (SGF) of the Calcutta Stock Exchange (CSE), which is expected to become operational early next month, will not entertain "unusual" trades, among others. The liability of SGF would cover all transactions put through C-Star barring negotiated deals, crossed deals (where the buyer and seller are clients of one broker), shares which are inactive in nature, unusual trading/delivery, exchange of credit advices and bad delivery. Pune bourse to flag off BOLT trading today After many false starts over the last six months, BOLT operations on the Pune Stock Exchange (PSE) are finally expected to begin today. This makes PSE the first exchange outside Mumbai to start online trading with the Bombay Stock Exchange.     Black pepper crashes on weak advices; gram up   Teething troubles haunt NSE debt-market segment after 4 year of existence   Forward rupee gains on hopes of political stability   Sensex leaps 69 points as BJP takes charge   Second half pares Gestetner growth rate   Market Round-Up   Ryutaro Hashimoto's trip to Indonesia a success for Japan   ICRA Ltd assigns A1+ rating to Bongaigaon Refinery debt plan   Thailand prospects lift Asian currencies   Japan financial markets soak up pessimism over economy   Market Briefing   Sensex awaiting an imminent break-out   Markets cool to HLL-Pond's swap ratio   Steel scrips on the roll again; witness huge volumes   Investors shy away from Reliance Petro warrants as conversion date approaches   Asian stocks end higher   Vegetables stew as prices of onions simmer down; tomato bucks trend