Thursday, November 5, 1998
Unit Trust keeps the faith, mops up Rs 400 cr via October US-64 sales
The beleaguered Unit Trust of India has stunned the market by mobilising Rs 900 crore through fresh sales in October. This marks a 51% rise over the Rs 460 crore it had collected a year ago.
Bhave asks SEBI to unveil buyback in paperless form
National Securities Depository (NSDL) managing director CB Bhave has in a note to markets' regulator SEBI made a strong case for the introduction of shares buyback in the dematerialised form.
Regulator in a bind over buyback ordinance lapse
The ordinance on share buyback has failed to include violation of the Securities & Exchange Board of India (SEBI) guidelines as an offence, which has put the markets regulator in a fix.
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