NATIONAL BSE warns investors on sudden spurt in stock market
Mumbai: With SEBI (Securities and Exchange Board of India) putting its surveillance system on "high alert" in the booming market, Bombay Stock Exchange (BSE) on September 4 asked investors to exercise caution for trading in illiquid stocks and warned listed corporates found defrauding investors of strong action including suspension.
SEBI may derecognise bourses failing to demutualise
New Delhi: Securities and Exchange Board of India (SEBI) is likely to derecognise several stock exchanges across the country if they fail to separate ownership and trading rights of their members by September 4.
Infosys leads smart recovery, SENSEX up by 52 pts
Mumbai: Under the leadership of Infosys Tech, shares recovered smartly at the Bombay Stock Exchange (BSE) on September 4 following emergence of heavy buying mainly by Foreign Institutional Investors (FIIs), pushing the Sensitive Index sharply up by 52.57 points to end at 4310.51.
PM attacks rich for sidetracking devt agenda at WTO
New Delhi: In an apparent attack on rich countries ahead of the Cancun World Trade Organisation (WTO) ministerial, Prime Minister Atal Behari Vajpayee on September 4 voiced concern over imbalances in the development agenda of trade negotiations and asked developing countries to unitedly fight this trend.
INTERNATIONAL World Bank warns India against rising deficit
Washington: The World Bank on September 3 warned that India's high fiscal deficit, coupled with political risks and regional instability, could slow down reforms, undermining the growth prospects.
