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Thursday, January 14, 1999

SEBI to do away with all or none trades to enhance transparency
The Securities & Exchange Board of India (SEBI) has decided to do away with the facility of "all or none" or "minimum fill" order available on bourses. The move is aimed at improving transparency in the markets.

SBI Caps gets mandate for MTNL buyback plan
Mahanagar Telephone Nigam Ltd (MTNL) has appointed SBI Capital Markets to work out details of its proposed share-buyback plan.

Cabinet okays share swap, buyback for 6 PSUs
The union cabinet has decided to sell some of the Government's equity in six "cash-rich" public-sector undertakings (PSUs) either to the companies themselves or directly to fellow PSUs.

Punjab sews up 10-year loan at 12.47 per cent
The Punjab government has raised a 10-year loan at 12.47%, three basis points lower than other state loans, at the historic auction held at Chandigarh yesterday.

CORPORATE
Mukand signs wage pact
JCT relents to FI pressure, to recast board

ECONOMY
Export facilitating scheme to be extended to trading houses, medium industries
Bankers lobby for repo rate cut to shore up bottomlines

EXPRESSIONS
Infosys Technologies shows way
An excellent account of policies

MARKETS
Crisil downgrades debt instruments of four firms
Call rates crosses 10 per cent mark

LEISURE
Now, battle of the brush
DoT's Internet backbone to hum in June