The Hindu Business Line : Saturday, September 14, 2002

MFs to pay SEBI net asset-based service fee
MUTUAL funds will now be required to pay service fee to the Securities and Exchange Board of India (SEBI) on the basis of their net assets as on March 31 of a year, instead of paying a fixed service fee of Rs 2.5 lakh for every financial ... More

Alliance Mutual ups stake in Mastek, Trent
ALLIANCE Capital Mutual Fund has increased its stake in Mastek and Trent to over five per cent through market purchases, the fund informed the stock exchanges. On August 30, the fund acquired 3,40,000 shares of Mastek, amounting to 2.43 per ... More

TECHNICAL ANALYSIS

Bear domination
FRIDAY'S trading activity witnessed bear domination. Bulls were unable to make any impact during the day's trading. The sentiment reading of the tradable counters stands bearish. Bull domination on Monday is likely to neutralise the sentiment ... More

STOCK EXCHANGES

BSE to delist G Claridge & Co from Sept 16

STOCK MARKETS

Motive behind Nestle downgrade?
NESTLE India slipped marginally on Friday on talk that the company was downgraded by a foreign brokerage firm. The interesting part, according to market sources, was that the foreign brokerage was supposedly buying shares from the market on ... More

MphasiS Holding stake in MphasiS BFL falls
EVEN as speculation is rife in the market over Barings Private Equity exiting software company MphasiS BFL Ltd, MphasiS Holdings Ltd — one of the biggest shareholders in the company — has sold around five per cent stake in the company ... More

DERIVATIVES MARKETS

Puts gain value
OF the 30 stocks, options on 28 securities got traded on Friday on the National Stock Exchange. Turnover improved to Rs 265.83 crore on Friday against Thursday's turnover of Rs 249.27 crore in the options segment. Satyam Computer continued to ... More

REGULATORY BODIES & RULINGS

Technip told to make open offer in Seamec
THE Securities and Exchange Board of India (SEBI) has directed Technip Coflexip (formerly Technip SA, France) to make an open offer to the shareholders of South East Asia Marine Engineering and Construction (Seamec) for 20 per cent shares of the ... More

COMMENTARY

Weak US sentiment affects infotech stocks
THE overnight weakness in the US stock markets leading to substantial erosion in the mainline Dow Jones Industrial Average and the technology stocks index Nasdaq in turn led to a sell-off on the Indian bourses on Friday. Technology and software ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line

Top Stories
Gujarat HC approves RIL-RPL merger

Telecom operators' capex put at Rs 1,30,000 cr

Much at stake for Govt in IFCI bail-out

Fertiliser trade counts on rabi revival to offset setback

Insulin prices hiked; TB drugs to cost less

Textile, plantation sectors drag export growth — Modest growth in gem, jewellery, petro goods

In Depth
Gender Justice

Simple Economics

Small Investor

Looking back
Sep. 1-Sep. 7
Panel for representation of brokers on exchanges — Report moots governance norms

Kania report fallout — CSE staff urge SEBI to allow NSE hubs