Thursday, July 9, 1998
Sensible proposals
The Dhanuka panel's recommendations are eminently sensible, and, if implemented, will do much to wipe out the grey areas in legislation related to the stock markets. One recurring problem with regulating the stockmarket has been overlapping responsibilities.
Malwa Cotton rally a surprise
For the last few weeks, the shares of Malwa Cotton and Spinning Mills are in great demand. The reasons are however difficult to trace. If one were to take a look at the financial results for March, 1998, these figures fail to justify the recent surge in the stock price.
Amend insider-trading rules
In R. Vs. Rushbrooke. Rushbrooke, a former executive in subsidiary of Midland Radio knew that Picadilly Radio was due to merge with Midland Radio. He bought shares two days before the public announcement of planned merger.
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