
Wednesday, April 14, 1999
RBI brings mutual benefit companies on par with nidhis
The Reserve Bank of India has reportedly prescribed regulations for mutual benefit companies (MBCs) not notified by department of company affairs (DCA) and brought them on a par with the notified nidhi companies -- mutual benefit finance companies.
Rathi for friendly cooperation with NSE
Anand Rathi, the new president of the Bombay Stock Exchange (BSE) has indicated the beginning of a new era of friendly co-operation with its arch-rival National Stock Exchange.
Sebi suggets on-line monitoring of listing agreement
In a bid to give a boost to corporate governance, Sebi has directed all stock exchanges to set up automated cells to monitor compliance of companies with their listing agreement.
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