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Saturday, March 27, 1999

Stock Update Forex Update

Bhagirath Merchant, 3 others elected to BSE governing board
Former president of Bombay Stock Exchange (BSE) Bhagirath Merchant was among the four elected to the governing board of the BSE on Friday.

SEBI officials term BSE allegations "blatant lie"
The senior executive director of Sebi, LK Singhvi, had vehemently protested to the manner in which the payments crisis was being handled by the BSE at the governing board meeting on June 14, 1998.

Forex reserves crosses $31 billion
India's foreign exchange reserves crossed the $ 31 billion-mark on March 19. This is the highest level of forex reserves ever recorded.


Inspirations furnishing fabrics


  How long will KPIT-blitzkrieg last on bourses?
  Sweden central bank cuts its key rate below ECB's
  Market Round-Up
  Dabhol deal marks SBI's plunge into syndicated loan market
  ACC rights issue to hit market in May
  Alliance '95 to declare dividend only after June 1
  UTI may have to struggle to junk assured-return schemes
  Bearish fervour bodes well for markets, time to pick up stocks
  Briefing
  Demat offers launch-pad for market rebound
  High badla, demat deadline play havoc with the market
  Morgan, Telco hog limelight
  Sectoral funds are not a complete investment solution
  IPCL
  Centre move to place Nalco bonds at 14.5% may cost exchequer
  KPIT beats Satyam in the PE race
  Market still faces resistance; Monday's session may be flat
  Coming out of a shell



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