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Thursday, June 10, 1999

BSE to launch Z-category soon
The Bombay Stock Exchange (BSE) will shortly be setting up a new segment called `Z category' which will include the scrips of notorious companies adopting bad corporate practices.

Economy recovering -- CMIE
The Indian economy has shown signs of recovery during the first two months of 1999-2000 with the industrial sector in particular signalling an impressive recovery during the initial months of the year.

Dabur sells its stake in GCIL for Rs 35.24 crore
Dabur India Ltd has sold its complete 49 per cent stake in its confectionery joint venture- General de Confiteris India Ltd (GCIL) - to its Spanish partner Agrolimen for Rs 35.24 crore.



  Stanchart profits fall, NPAs on the rise
  First dividend from Morgan MF
  Iridium phones in IA, Jet likely
  GMAC to pay $1.8 bn for BNY unit
  Kuber group chairman remanded to custody
  DoT invokes Koshika's bank guarantees
  CII moots reforms in capital market
  Bizbits
  Sensex down by 25 pts
  Biz File -- Chandigarh



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