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Friday, April 23, 2004

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SEBI working on norms for IDR issues: Bajpai
GUIDELINES for overseas corporates to raise funds through the Indian capital markets will be issued shortly. The Securities and Exchange Board of India (SEBI) is working on the operational aspects of the issue of Indian Depository Receipts (IDRs) ... More

Satyam Q4 net up 21.6 pc
SATYAM Computer Services Ltd has recorded a total income of Rs 725.70 crore with a net profit of Rs 140.84 crore for the fourth quarter ended March 31, 2004, with a 33.85 per cent growth in software services and 21.64 per cent in net profit ... More

Beep! Beep! It's your NAV
EVER been stuck without time to call your investment advisor or surf the Net to find the net asset value (NAV) on your mutual funds? Now, all it takes are a few keystrokes on your mobile phone. Mutual fund houses have realised the potential of ... More

Infosys seeks to secure entire export earnings
THE billion-dollar Infosys Technologies currently has only $203 million of export receivables secured with a forward cover for exchange rate risk and would like to secure its entire export earnings with such cover. But the Reserve Bank of India's ... More

Warburg relocates top brass to India
PRIVATE equity firm Warburg Pincus, which has about $700 million invested in India, is relocating several of its senior executives from its Singapore office to Mumbai, according to the May issue of Asia Private Equity Review. According to a ... More

Switch on your AC with a phone call!
WANT to "chill out" the moment you hit home? Now you can phone in and switch on your air-conditioner. Or do you want to swing to your favourite music as you cook? Nothing new, except that the source of the sound is your refrigerator. This is ... More




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