THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Monday, December 31, 2001

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Page One

Bank nominees to move out of UTI board soon
THE nominees of State-owned banks, the Industrial Development Bank of India and the Reserve Bank of India, on the Board of Trustees of the Unit Trust of India (UTI) are set to move out shortly as part of a proposed revamp, according to officials.

US-64: Views split on NAV impact
THE disclosure that the net asset value of Unit Trust of India's flagship scheme US-64 is at Rs 5.81, much lower than anybody's expectation, came as a surprise to the investor fraternity.

Sales tax sop for all telecom providers on the cards
A NEW year bonanza is in the offing for all telecom service providers.

Govt to get Rs 40 cr for Modern Foods stake -- `Put option' sale to HLL
THE Centre is set to receive Rs 40 crore from the sale of its remaining 26 per cent stake in Modern Foods India Ltd (MFIL) to Hindustan Lever Ltd (HLL).

TN cable operators blank pay channels
CABLE television operators in Tamil Nadu today switched off all the pay-channels protesting what they called the hefty hike in subscription fees by the channels.


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Inside Kashmir


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UTI US-64



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