Thursday, October 25, 2007

Barak Valley Cements IPO

Barak Valley Cements IPO

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SEBI Board clears norms on P-Notes

The Board of capital market regulator SEBI on Thursday approved the draft regulations on offshore derivative instruments (ODIs), including Participatory Notes (P-Notes). M. Damodaran, Chairman of SEBI, said at a news conference in Mumbai that the proposal to disallow P-Notes with underlying as derivatives was cleared.

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