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MSE
to seek strategic FI investment if merger talks with BSE fail |
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The Madras Stock Exchange would
look for strategic investment by foreign and domestic financial
institutions if its merger talks with The Stock Exchange, Mumbai
failed to fructify in six months’ time. |
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Consolidate
laws to protect investor interests: NSE review |
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The protection of investor
interests requires consolidation of all laws relating to the
securities market into a single piece of legislation, preferably
called the Securities Act, and assigning its administration
to one agency, said a recent Review on Indian Securities Market
conducted by the NSE. |
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Sensex
surges 100 pts on software gains |
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Bourses extended their gains
on Monday on buying by speculators and FIIs, guiding the BSE
30 Sensex to surge 100.25 points to close at 3180.23 points,
mainly led by solid gains in software stocks and index heavyweight
Reliance Industries as slew of positive news poured in the market
from both domestic and international fronts. |
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CBI
questions sub-brokers in harshad case |
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The CBI is questioning several
sub-brokers in Mumbai in connection with the alleged illegal
sale of shares worth several hundred crores by Big Bull Harshad
Mehta and his two brothers and might soon place some of them
under arrest, agency sources said here on Monday. |
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