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Monday, September 16, 2002

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OFFHAND


Beguiling Web sites
WHAT is it that the Unit Trust of India (UTI), UTI Bank, India Tourism Development Corporation (ITDC) and Bharat Sanchar Nigam Ltd. (BSNL) have in common? They all have beguiling Web sites, asserting customer delight to be their watchword, and ... More

GLOBAL FINANCE & OVERVIEW


US equities blase to war risks
The US war with Iraq appears inevitable. The possibilities and consequences of a war are varied, each one with different implications. Yet, equity and bond investors are complacent about this. Prudence, however, demands that investors avoid adventuri sm, not because of the uncertainties but because markets do not seem to have priced them in, says V. Anantha-Nageswaran. More

WIDE CANVAS


Focus again on FDI
ONCE again, the focus in New Delhi has shifted to FDI, the Commerce and Industry Minister, Mr Murasoli Maran, taking the lead (at least as far as the media is concerned) in the campaign to raise caps placed on a number of important sectors such ... More

ON THE MOVE


Sailing in oily waters
IT WAS something Mr D. T. Joseph could not tolerate. As head of India's maritime administration, he was shocked to receive a complaint from European Port State Control authorities that an Indian ship was found pumping out oily water into the sea ... More

A RINGSIDE VIEW


Market may droop further
Seasoned market players feel that there may be churning of portfolios in favour of select pharma, IT, cement, steel, auto and bank stocks. However, eyes are likely to be glued on the fundamentals of the individual stocks. More

POLICY WATCH


Forex reserves: Use and misuse
IN THE late 1980s, when India's foreign exchange reserves were averaging close to $5.5 billion, a figure reckoned to be relatively comfortable in those days, the Reserve Bank of India decided to park part of the reserves as deposits with Indian ... More

MUTUAL CONFIDENCE


PSUs' downfall affects NAVs
THE Government's decision to interrupt the process of disinvestment, however temporarily, has clearly taken a toll on sentiments prevailing on the stock market. A number of PSU shares came off their prevailing levels, hurting investors all ... More

GLOBAL MONITOR


Gold bounces within range
GOLD continued last week to be bouncy but within its range of $315-320 an ounce. Supportive factors were the likelihood of an attack on Iraq, global security concerns and continued weakness in equity markets. Buying interest from Asia, ... More

ADR WATCH


Wipro closes firm
A couple of lowered profit forecasts from Lucent Technologies Inc and Honeywell International, expectation of a possible US attack on Iraq and a weakening economy seemed to have affected the sentiment at the US bourses during the week gone by. ... More

STOCKS TO WATCH


Lupin: Adverse effect
THE National Pharmaceutical Pricing Authority (NPPA) reduced the price of anti-TB medicines last week. The NPPA's decision had an adverse impact on Lupin Laboratories, a dominant player in the market for anti-TB medicines. Lupin's share price ... More

TECHNICAL ANALYSIS


Marginal rise in cotton futures
NYCE cotton futures closed on Friday near its lows on steady speculative pressure and long liquidation. With certificated stocks rising and export demand for the US fibre lagging, cotton broke down wards as it crashed through the lower end of ... More
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Top Stories
SEZs need sops for viability, says IDBI report


`We will bid for SCI at realistic levels' — Mr Sashikant Ruia, Chairman of Essar group

Ghee prices harden on higher edible oil prices

`Nasscom going all-out to crack down on piracy'

`India not geared for export industries' Mr M. Arunachalam, Chairman, Indian Chamber of Commerce, Hong Kong

`Airports privatisation awaiting Cabinet nod'

In Depth
Gender Justice
Simple Economics
Small Investor
Looking back
Sep. 8-Sep. 14
Experiment in LAB unsuccessful


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