`Professional' BSE turns more promoter-friendly The country's premier stock exchange in Mumbai (BSE), which was once considered as the brokers' den, has now become more professional. But, has it benefited the investing public at large? Flex Ind approves preferential issue of equity shares to FIs The board of Flex Industries Ltd has approved the preferential issue of equity shares to FIs. The board, at its meeting held on February 21, 2001, has approved the part-repayment to financial institutions. Frontline new economy stocks M-cap erodes 77% The leading 10 new economy stocks have shown an erosion of a whopping 77% on an average in their market capitalisation. The combined market cap of these 10 stocks have fallen from the 52-week high of Rs 4,547.56 billion to a meagre of Rs 1,292.60 billion based on Friday's closing prices of these stocks. Survey pulls down Sensex 140 points
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