
Saturday, February 27, 1999
Speculators fortunes hinge on Sinha's act
Come Saturday and the fortune of the stock market players will be decided by what Sinha has to offer. How important is this budget?
Why should a "shell firm" quote at over Rs 400 a piece?
Barely a year ago, there were hardly any buyers for the scrip even at its face value of Rs 10. But, now, the same share is in great demand, and that too at more than Rs 400!
RBI may amend share transfer norms to remave anomolies with Depositories Act
The legal department of the RBI is currently examining the rather knotty problem thrown up by a variance between the RBI-stipulated share transfer norms governing listed banks, and section 7 of the Depositories Act, 1996.
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