The Hindu Business Line : Monday, March 10, 2003

Challenging time for fund trackers
THERE isn't a dull moment for mutual fund watchers, and as last week's events showed, life can really throw up challenges for them. Yes, one is talking about the volatility that was witnessed by investors in both debt and equity funds. In ... More

STOCK EXCHANGES

NSE changes price bands
THE National Stock Exchange has revised the price bands of the following securities from March 10. According to a NSE press release, a two per cent price band is applicable to Morepen Hotels, Rajesh Exports and Remsons Inds. Scrips such as ... More

BSE modifies circuit filter limit
CHENNAI: THE BSE has reduced the circuit filter levels for the following scrips from Monday. Scrips such as Classic Electricals, GSL (I) Ltd, Idea Space Solutions and Integrated Financial Services will now be the under part of 10-per ... More

STOCK MARKETS

Market lacks direction as war worries linger
STOCK markets have never cared about legitimacy of war; they invariably reacted negatively. To prove this point once again, indices across the globe plunged into the red amid stepped up manoeuvrings. The US indices sprang back soon after ... More

United Phosphorus: Restructuring to be fruitful?
UNITED Phosphorous may see some action with the company's board meeting next week to consider a restructuring of its businesses with that of Search Chem, its subsidiary. The board meeting is scheduled to be held on March 14. The low ... More

REGULATORY BODIES & RULINGS

SEBI relief to SE subsidiaries on turnover fee
IN a significant development, providing the much needed clarity to the issue of exemption from payment of turnover fee by the subsidiaries floated by regional stock exchanges (RSEs), the Securities and Exchange Board of India (SEBI) has issued ... More

Wrangle over regulatory body delays IDR norms
According to senior official of the Ministry of Finance, that houses both the DEA and the DCA, a choice has to be made between the Security Exchange Board of India (SEBI) and the DCA itself as the regulatory body for IDRs. More

INTERVIEW

`Hold stocks for longer term' — Mr Prashant Jain, CIO, Zurich India MF
ZURICH India Mutual Fund is currently a major talking point in investment circles. And not without reason, thanks to the fund's proposal to pull out of the domestic market. While Mr Prashant Jain, CIO of Zurich, was not willing to talk ... More

COMMENTARY

Infy premium drops
THE stock market in the US fell for the sixth week in last eight weeks as US appeared to be made up its mind to strike Iraq even without a United Nations permission. For the week, the Dow fell 1.9 per cent to 7740.03; the Standard & Poor's 500 ... More

Stock Quotes
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