
Saturday, September 4, 1999
Sebi allows mutual funds to invest in ADRs and GDRs
The Securities and Exchange Board of India has prescribed a minimum investment of $20 million by a mutual fund in ADRs/GDRs issued by Indian companies.
Sebi panel's report to revolve around shareholders interests
The Securities and Exchange Board of India (Sebi) constituted Committee on Corporate Governance (CCG) has decided that its report should revolve around shareholders' interests.
Sebi suspends BSE member
The Securities and Exchange Board of India (Sebi) has suspended Bombay Stock Exchange (BSE) member Bhupendra Talakchand Mehta till he pays the registration/turnover fees along with the accrued interest thereon to the market regulator.
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