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Corporate Economy Expressions Markets Leisure 05 January 1998   Paperless trading deadline nears The boom in demat trading expected to be triggered off from January 15 might well be a dream. Institutions have more or less shown the thumb to the Securities & Exchange Board of India (SEBI) diktat and appear to be prepared to go into the January 15 deadline with only a small part of their portfolio dematerialised.   Finance ministry quibbles over rolling settlement The Union finance ministry is said to have some reservations on the issue of introducing a rolling settlement for trading in dematerialised shares. The ministry will air its views at the board meeting of the Securites and Exchange Board of India to be held in Calcutta today. Nod for Ester plan to switch cumulative preference shares The preference shareholders of Ester Industries Limited have passed a resolution to permit the conversion of redeemable cumulative preference shares (RCPs) into cumulative convertible preference shares. The move will be subject to conditions laid down by the company's board of directors. Seen under the lens, Bausch & Lomb throws up a brighter picture Bausch & Lomb India Ltd could be another Bata India in the making for investors. Bata India came out with a rights issue of Rs 77 crore priced at Rs 30 in December 1996 when it was turning round the corner. Bata India is now trading at a hefty premium of around 466 per cent to the offer price. Bausch & Lomb India could be a similar case.   Mangalam Cement spurts by over 70% The sudden buying interest in Mangalam cement's counter on the Mumbai Stock Exchange is intriguing. On December 31 and January 1, 94,000 and 90,000 shares were traded respectively. ED's term over, panel to handle MSE operations The Madras Stock Exchange (MSE) has formed an administrative committee comprising the general manager (operations) and company secretary to run the day to day affairs of the exchange. The set-up was necessitated by the decision of the governing council of the exchange not to extend the services of the present executive director, S Ramanathan.     ED's term over, panel to handle MSE operations   Identify and tag on to scrips which are oversold and underpriced   GMDC makes a lacklustre debut   Difficult to see Sensex moving up unless FII investments pour in   Nod for Ester plan to switch cumulative preference shares   Fund Update   Paperless trading deadline nears   New debt instruments slated to hit the market   Finance ministry quibbles over rolling settlement   Seen under the lens, Bausch & Lomb throws up a brighter picture   Rating Watch   Brokers expect rally to continue on support from institutional investors   Mangalam Cement spurts by over 70%