Power to refuse free transfer of shares
Free transferability of shares of public companies ensures permanent capital to the company, while at the same time ensuring liquidity of shareholder's investment.

No banking recovery
Now that the quarterly results of major banks have been declared, its time to sit back and reflect a little more on the economic revival story.

The Index
Gujarat Ambuja Cements (GACL) is likely to post a better performance for the three months ended June 1999, than the preceding quarter.