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SEBI board approves P-Note proposals

Published in October 26th, 2007
Posted by P@$$iØÑ\/@i(3H@\/ in stock market
3 Comments

Market regulator SEBI announced new rules to regulate foreign investments through instruments like Participatory Notes.
The rules, to be effective from Friday, include no fresh issuance of P-Notes in derivatives as also winding up existing positions in 18 months, besides curbs on such instruments in the spot market.
Ending the debate on the issue, SEBI Board considered [...]

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Microsoft Results Turn Heads

Published in October 26th, 2007
Posted by P@$$iØÑ\/@i(3H@\/ in global
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For the last several years, Microsoft (MSFT) has made good on a promise to beat the “law of large numbers,” posting consistent double-digit revenue gains even as annual sales topped $50 billion. Shareholders, though, largely yawned and the stock drifted sideways. But with its fiscal first-quarter results reported Oct. 25, Microsoft finally has their [...]

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