Tuesday, August 17, 1999
Mandatory demat likely at transfer stage
The Securities and Exchange Board of India has announced a series of steps to speed up the dematerialisation process. The market regulator is likely to make it mandatory for dematerialisation at the transfer stage in order to cut delays.
IDBI's Flexibond-VII fails to enthuse retail investors
With less than three days left for its closure, Industrial Development Bank of India's (IDBI) debt programme, flexibond-VII has managed to generate about half the targeted amount of Rs 1,500 crore, and that too primarily from institutional sources.
Monday's market bounce-back likely to keep Sensex buoyed
Sensex was at a peak of 4688 on August 5, and hit the low of 4480 on Friday. This is a slide of 200 points.
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