Saturday, April 17, 1999
BSE allows exit route for small players
The Bombay Stock Exchange (BSE) has decided to allow small investors to deliver physical shares, in scrips mandated for compulsory dematerialised trading, upto Rs 25,000 in value or 500 shares in number.
Kuber group firms heading for liquidation
Even as investors started thronging the `closed' offices of the Kuber group for refund of money, the Reserve Bank of India (RBI) is mulling over various options - including liquidation of the companies - in a late move to prevent the group going down with several crores of investors money.
Core group outlines risks in LNG project
The high-powered core group for import of liquified natural gas (LNG) has outlined several risks involved in the Rs 22,000 crore project including inaccurate estimation of gas reserves, time and cost-overruns and changes in government policies.
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