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Sunday, June 6, 1999

Centre to launch IT brand equity fund
Department of electronics (DoE) secretary Ravindra Gupta said the Government will soon come up with a fund for promoting brand equity for the infotech sector on the lines of the recently-floated IT venture capital fund.

Jobs data sees US stocks recover, bonds fall
US stocks roared back yesterday, while bonds fell and the dollar ended mixed as the latest US jobs data failed to send any clear signals on the fed's next interest rate move.

Carryforward rates shoot up to 19.5% as long positions surge
Carryforward rates on the Bombay Stock Exchange (BSE) registered a sharp rise to touch an intra-session high of 19.5% before stabilising at an average annualised level of 13.2%.





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