Financial Daily from THE HINDU group of publications
Saturday, February 02, 2002

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MUTUAL FUNDS


BoB asset company may divest stake to foreign partner
BOB Asset Management Co Ltd is likely to divest a part of its equity to a strategic foreign partner, industry sources have said. The prospective foreign stakeholder was likely to be the chosen insurance venture partner for parent Bank of Baroda, ... More

Govt initiates steps to reform UTI board
THE Finance Ministry has written to some State-owned financial and investment institutions and commercial banks to nominate professionals on the board of trustees of the Unit Trust of India (UTI). The move to induct professionals on the board ... More

HSBC AMC to launch MFs soon
HSBC Asset Management (India) Pvt Ltd, belonging to the Hongkong and Shanghai Banking Corporation (HSBC) group, will launch its first set of mutual funds before the close of the current fiscal. The Chief Executive Officer — India ... More

TECHNICAL ANALYSIS


Narrow movement
FRIDAY's trading activity witnessed narrow movement. Bulls managed to gain marginally from the day's trading. The sentiment reading of the tradable counters changed mildly in favour of the bulls. Bear domination on Monday is likely to change the ... More

COMMENTARY


PSU stocks save the day
THE bourses witnessed a meltdown of ICE (Information Technology, Communication and Entertainment) stocks on Friday, the last trading session of the week. The upbeat sentiment that had been created on Thursday by positive news flowing in about a ... More

Fortune Info gains on tie-up talk
FORTUNE Information Ltd is on the rise for the past few days. The stock price has been on upward move since last week. Last week, it gained over 65 per cent. Market sources say that the software services company could be on the verge of ... More

Selling Satyam 280 call, 260 put may yield
ON the last trading day of the week the option market for individual stocks at the National Stock Exchange saw most of the calls losing value. The top traded equity calls were on Satyam Computer, Reliance Petroleum, Reliance Industries and ... More

IPOS


No dividends in the near-term -- Bharti offers investors value appreciation
THE Bharti group thinks differently when it comes to rewarding its investors. It is not really in favour of providing returns on investments by way of dividend income, which most retail investors would wish for. Rather, the Bharti group feels ... More
Stock Quotes
SE Diary
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Top Stories
Herbertsons issue -- Mallya, Chhabria may bury hatchet


Need for hard decisions to contain ballooning wheat stocks

Tatas, Reliance bid for VSNL

E-bill payment service from DoP

Govt moves to speed up APM regime phase-out

Taiwan wooing India Inc with hardware tech

Cyber criminals face fine up to Rs 1 crore

In Depth
Inside Kashmir
Guide to derivatives
US-64
Looking back
Jan. 20-Jan. 26
SEBI panel moots early IPOs by MNCs, banks

Collective investment schemes -- SEBI relaxes norms for provisional registration

Bharti Tele prices IPO at Rs 45


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