|
|
|
Hughes
companies seek a week’s time to clarify impact of merger |
| |
Hughes Software and Hughes
Tele.com (India) on Monday sought a week’s time from the Securities
and Exchange Board of India to furnish details on the possible
impact of the merger of US-based Hughes Electronics Corporation
with EchoStar Communication Corporation. |
|
|
Sensex
closes 15 pts down as FIIs stay off markets |
| |
Bourses snapped a three-day
rally on the bourses in a lacklustre trading day as traders
and investors await direction in the absence of any sustained
purchases from foreign institutional investors. |
|
|
|
| |
|
|
BSE
revises special margins on 29 stocks from November 5 |
| |
The Stock Exchange, Mumbai
has revised special margins on 29 stocks with effect from November
5, 2001. The revised special margin of 25 per cent has been
imposed on the basis of client-wise gross purchase, or sales
position, with the exception of Infotech Enterprise which has
been levied 50 per cent special margin. |
|
|
Amfi
certification for agents, distributors made mandatory |
| |
In its move to improve the
overall professional standards of agents and distributors of
mutual fund products, the Securities and Exchange Board of India
has made mandatory the certification programme of the Association
of Mutual Funds in India from November 1, 2001. |
|
