JM Choudhary elected new Calcutta bourse president
JM Choudhary was elected the president of the reconstituted committee of Calcutta Stock Exchange for 1999-2000 at its meeting held yesterday.

Satyam Infoway to raise $57.5m through ADR
Satyam Infoway Ltd, the second largest Internet services provider in India based on the number of customers, plans to raise as much as $57.5 million in an initial public offering.

Net-based trading likely by end-1999, says Sebi official
India is likely to kick-off Internet-based stocks trading by the end of 1999, a senior Securities and Exchange Board of India (Sebi) official said.

  Huge fund-buying offsets losses caused by BOE gold auction
  Declining US stocks push up Asian crude oil
  Festive holidays hamper Navi Mumbai spice trading
  Off-the-exchange coffee trading evokes good response
  Icra accords its `highest safety' rating to Rallis, PowerGrid debt
  Zee Telefilms to offer 10 per cent to foreign partner
  ICICI lists on NYSE at 12% premium to ADS price
  Mid-cap stocks are real winners
  Gold flares up defying sale by BOE, silver too follows suit
  Market re-rates mushroom manufacturers
  Turnaround tale drives up Hindustan Oil's stock
  Hopes of open offer in B&L prop up stock
  Stocks tumble on surging yen, Wall Street blues
  Stability hopes push Sensex up 54 points
  Private sector mutual funds race past UTI in resource mobilisation
  Bata India turns bearish again
  Sundaram Newton declares dividends
  BHEL scrip has a well-laid foundation
  Market Briefing
  Market indicators rise briskly; long-term buying is best
  Market Round-Up