Financial Daily from THE HINDU group of publications
Wednesday, March 06, 2002
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Financial Daily from THE HINDU group of publications Wednesday, March 06, 2002 |
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MARKETS OPEN OFFERS TVS Motor open offer for 50.30% Harita Fin stake TVS Motor Co (TVSML) is making an open offer to acquire 50.30 per cent stake in Harita Finance, a company belonging to the same group, at Rs 10 per share. The balance 49.70 per cent of the stake is with other group companies. TVSML, which will ... More IMPACT Century Textiles: Cutting off shipping THE proposal of Century Textiles to let go of its shipping business may not lead to any significant improvement in the valuation of the stock. The company's plan to sell its two ships may lead to certain cash inflows, which may be used in ... More
TVS Motor: Bankrolling a buyout MUTUAL FUNDS Govt allocates Rs 300 cr to UTI THE Government has provided Rs 300 crore to Unit Trust of India to help meet the shortfall between the assured repurchase prices and the net asset value. The support to UTI will ensure that any redemption made at prices higher than the NAV of ... More TECHNICAL ANALYSIS Narrow movement TUESDAY'S trading witnessed narrow movement. Neither the bulls nor the bears could gain much from the day's trading. The sentiment reading of the tradable counters remains neutral. Bear domination on Wednesday is likely to change the sentiment ... More STOCK EXCHANGES Assocham move to revive regional exchanges THE Associated Chambers of Commerce and Industry of India (Assocham), New Delhi, has identified `revival of Regional Stock Exchanges' (RSEs) as one of the key components of efforts to revive the capital markets at large. The premier industry ... More
OTCEI to strengthen trading arm STOCK MARKETS JB Chem up on patent hopes THE stock of Mumbai-based JB Chemicals and Pharmaceuticals has been on the rise for the past one month on the bourses due to positive developments on the research and development front. The share price has gone up by around 34 per cent since ... More
BPCL, HPCL stay active DERIVATIVES MARKETS Long position in Satyam calls may pay TUESDAY'S trading in the derivatives segment at the NSE saw most equity calls end in the negative territory. Here are some buy/sell strategies based on the day's trading: Equity options: After a short upmove intra-day, Satyam ended ... More FOREIGN INSTITUTIONAL INVESTORS 
Portfolio investments -- Inter-ministerial group to review FII sectoral limitsTHE Finance Ministry will constitute an inter-ministerial working group to review the sectoral limits for portfolio investments by foreign institutional investors (FIIs). The panel will be headed by Dr Rakesh Mohan, Economic Advisor to the ... More COMMENTARY Infotech stocks save the day; cement, FMCG slip TRADING at the Bombay Stock Exchange continued to languish for the second day this week, as traders booked profits amidst the communal crisis in Gujarat and a few dividend-announcing companies retraced the gains that they made on Monday. ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Feb. 24-Mar. 2 Disinvestment, Budget moves to set the tone for next rally Is market headed for correction? Stocks give 99-pt salute to Survey, rail budget |
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