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Market briefing
SHCIL offers discount for armed forces
The Stock Holding Corporation of India (SHCIL) has decided to offer 25 per cent discount on the annual membership charges to investors belonging to the armed forces for opening a depository account with SHCIL. The scheme was launched on Monday to mark the occasion of Navy Day, SHCIL said in a release. The scheme can be availed of by personnel from armed forces and their family members. Currently, SHCIL offers a choice of two schemes for the investors - the long term investor scheme and the frequent trader scheme. Personnel from the armed forces, who open their depository accounts with SHCIL, can avail facilities like loan against shares, online trading, mutual fund investing and Government of India relief bonds.Three-day meet on venture funds
The three-day 2000 Asian Venture Forum India, a conference on venture funds, beginning December 5 will discuss whether value proposition has kept pace with the explosion in funds raised and the average deal size, and if India is ready to join the big league. Among others, the conference would be addressed by speakers like NeoMagic Corporation (USA) co-founder & chairman Kamaran Elahainand and AT India LLC chaiman as well as chairman of Seagram Asia Pacific (Singapore) Ramesh Vangal, organisers of the conference, Asian Venture Capital Journal said. BSE complaints
During the month of November, BSE has received 2,435 complaints against 1,144 listed companies. In the same period, 2,217 complaints were resolved. Depending upon the nature of the complaints, the Investor's Grievances Cell of the BSE has made five catogories of complaints it has received from investors. Copyright © 2000 Indian Express Newspapers (Bombay) Ltd.
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