
Saturday, June 6, 1998
NSE caps futures exposure at 3 months for now
The National Stock Exchange (NSE) has finalised its product range for index futures up to a maximum tenure of three months on which an investor would be able to take a future position. The exchange has devised three products for a start -- one-month, two-month and three-month futures.
Investment rate dip to blame for slowdown: Icra
The principal cause of slowdown in the economy has been a fall in the rate of investment, especially the non-materialisation of large investment projects, according to Investment Information and Credit Rating Agency (Icra). The rating agency further indicated that the deceleration has been due to the constraints on government's ability to raise financial resources and due to delay in the inflow of private investment in infrastructure.
Centre yet to take final view on buyback: DCA
The secretary in the Department of Company Affairs (DCA), TS Krishnamurty, reiterated that the government is yet to take a final view on the new Companies Bill, including the provisions for the buyback of shares. He further added that the buyback provisions are part of the Companies Bill of 1997, which is under the consideration of parliament.
|





|