Sebi has asked all companies in the list of 56 scrips mandated for compulsory dematerialised trading to sign up with a depository before October 31, 1999. "Barring 11 companies, all the companies mandated for compulsory demat trading from November 29, 1999 have signed up with NSDL, Sebi executive director (secondary markets) Pratip Kar told PTI.

Finance companies back with a bang

Booming capital markets and opening up of insurance sector has helped finance stocks emerge like phoenix on the bourses.

Kotak MF funds

Kotak Mahindra Mutual Fund has expanded its family of funds with the launch of Kotak Balance and Kotak Bond schemes on October 18. The AMC currently manages K-Gilt and K-30 with assets of over Rs 400 crore. Both the schemes were launched in December last..

A clarification

With reference to the article on Geometric Software dated October 15, the company has clarified that the fiscal year's EPS is Rs 26.84, the offer price is Rs 300 is based on the post-bonus number of shares. Thus the post-bonus EPS (retrospective to 31.3.99) is Rs 10.74 and the PE on March 31, 1999 earning is Rs 27.93.