Friday, August 27, 1999
Sensex vaults 127 pts to a new high
Stock markets across the country rebounded on Thursday driving the bellwether Bombay Stock Exchange Sensitive index (Sensex) up by 127.63 points to a new all-time record level of 4846.36.
SEBI suspends 3 brokers in rigging case
The Securities and Exchange Board of India (Sebi) has suspended the registration of GNH Global Securities, Mahico Pvt Ltd and Star Share & Stock Brokers in connection with the manipulations in the scrips of BPL, Videocon and Sterlite during June 1998.
LML rejects Piaggio JV termination as invalid
LML Ltd has rejected the termination of joint venture agreement (JVA) by its part owner Piaggio SpA of Italy terming it `invalid'.
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