Brisk trading in Bharti Televentures
Kolkata: The Bharti Televentures stock today jumped up in price and volumes on major bourses on bulk buying. According to dealers, a select FII reportedly purchased the stock from an institutional holder today.
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Birla VXL members approve delisting
New Delhi: Shareholders of Birla VXL Ltd have at their meeting held on June 25, approved the delisting of the equity shares of the company from all or any of the stock exchanges at Rajkot, Delhi and Kolkata, the company has informed BSE.
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CSE works out draft demutualisation plan
Kolkata: The Calcutta Stock Exchange (CSE) has worked out a draft demutualisation scheme in its bid to follow the recommendations made by the working group headed by Mr Justice M.H. Kania.

The model that has been prepared by CSE involves separation of members' rights into two sections - ownership and trading, said sources close to the development. The scheme will now be presented to SEBI.
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Small investors may not be allowed direct access to markets
Mumbai: The Chairman of the Department of Company Affairs' High Level Committee on Corporate Governance, Mr Naresh Chandra, today said the panel is thinking of restricting direct access of very small investors to the capital markets.

Mr Chandra said in spite of increased regulation it is the very minority investor who takes the maximum hit in any scam.
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SEBI initiative to curb fraudulent bidding in public issues
Mumbai: In a bid to curb fraudulent bidding in public issues, the SEBI's primary market advisory committee has recommended that qualified institutional buyers should be brought at par with retail investors by charging a minimum level of margin in book building issues.
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