The Indian Express -- Business

Thursday, November 06 1997

FOREX RATES INDICES STOCK

Turbulent market forces withdrawal of GAIL GDRs

Turbulent conditions in world stock markets has forced the government to temporarily withdraw Gas Authority of India Limited's (GAIL) $700 million Global Depository Receipts (GDR) issue.

DCM Financial faces run on deposits

DCM Financial Services, a Vivek Bharat Ram company, is facing a run on its fixed deposits. Worried depositors have already started lining up in front of the company's office here to claim their dues. The company recently informed its depositors that the repayment of deposits would be delayed temporarily.

RBI plans futures in gilts, T-bills

The Reserve Bank of India is considering the introduction of futures trading in the treasury bill and government securities (gilt) market in a bid to boost the secondary debt market.

Pivotals remain subdued

IndusInd Bank to go public

Skindia launches recast GDR index

Aptech to tie up with Sylvan

Ind Rayon net crawls up 1 pc

Cracks in COAI on MNTL entry

RBI plans futures in gilts, T-bills

Bleak market derails GAIL GDR

DCM Financial faces run on deposits

RCF bonus impasse continues

Turbulent market forces withdrawal of GAIL GDRs

Govt clears Internet privatisation policy

Oilfields on a slippery slope as ONGC, Ministry slug it out