TVS Motors: Variants to drive interest
Mumbai: Just at the time when the market observers felt that the company's growth rate could slow down, TVS Motor has come up with new models (in the motorcycle and scooterette segments). The company has also unveiled plans to launch a slew of new models in the near future.
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Special margin on 38 scrips
Chennai: The Bombay Stock Exchange (BSE) has revised the special margins on 38 scrips from Monday. The special margins have been imposed on the basis member-wise gross purchase or sales position (client-wise net), the BSE said in a statement.
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No change in NSE board format: SEBI
Mumbai: The Securities and Exchange Board of India (SEBI) has made it clear that the present structure of the board of National Stock Exchange (NSE) will be maintained. This would be the case even though it may not conform to the structure of equal representation from shareholders, brokers and investing public as envisaged for the boards of stock exchanges that are to be demutualised.
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Banks trim portfolios on rate cut fears
Mumbai: Fearing a rise in interest rates, banks are selling a large portion of their portfolio in the “available for sale” category for government securities in the bond market. This sale usually starts towards the end of the financial year as banks book profits before their annual accounts, but this year, banks have begun selling their portfolio early.
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