Financial Daily from THE HINDU group of publications
Thursday, March 17, 2005

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Financial Tech EGM okays preferential allotment to FIIs
THE Financial Technologies (India) Ltd EGM has approved an issue of up to 28.74 lakh equity shares of face value of Rs 2 each on a preferential basis to foreign institutional investors at Rs 262 per share. The company informed BSE that the ... More


Capstocks to expand operations
CAPSTOCKS & Securities Ltd (Capstocks), based here, is set to open six more branches in the country as also start overseas operations. The stock broking company, engaged in a slew of services, is opening new branches in New Delhi and Mumbai. ... More


Kotak Mahindra unveils flexi-cap scheme
KOTAK Mahindra Mutual Fund is joining the bandwagon of flexi-cap funds with its latest offering. The Kotak Focussed Equity Fund is an open-ended equity scheme that will invest in equity and equity-related instruments across the market ... More


Initial gains not held
BULLS prevailed during the initial hours of Wednesday's trading. However, this had very little impact on the tradable counters. The sentiment reading of the tradable counters stands neutral, mildly in favour of the bears. Bull domination on ... More


Revamp talk lifts India Foils
STERLITEe group outfit India Foils spurted on Wednesday on talk of financial restructuring. The stock closed 20 per cent up on the NSE at Rs 16.50 with over15 lakh shares traded. According to market sources, the promoter group is said to be ... More


Outlook may turn positive for Reliance, Tata Tea
THE following strategies are based on Wednesday's trading in the derivatives segment on the NSE: Reliance Industries: The March futures contract closed at 578. The outlook may turn positive if futures trades above 581. The upside target ... More


Midcaps gain; pivotals succumb to selling pressure
A CAUTIOUS mood prevailed in the market on Wednesday, while frontline stocks declined, mid-cap stocks recorded gains. The market succumbed to selling pressure losing the initial gains recorded. The market appears to have dumped sugar stocks, ... More


Over Rs 4,000 cr to be raised through public issues
THE primary market is heading for busier times over the next 6-8 weeks with public issues expected to raise over Rs 4,000 crore. Companies from varied sectors with consistent track record and profitability are set to tap the capital market for ... More

Yes Bank to offer 7 crore shares through IPO
YES Bank filed its red herring prospectus with SEBI to enter the capital market with a public issue of seven crore equity shares on Wednesday. The price of the shares having a face value of Rs 10 will be fixed through the book-building ... More

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Top Stories
Sharp increase in salaries at IIM-A placement week

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Nobel Laureate pitches for GM technology

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In Focus

BHEL Disinvestment
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India Inc's overseas acquisition

In Depth

Gender Justice
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Tax Talk

Looking back
Mar. 6-Mar. 12
No speed-breakers on Dalal Street

Equity funds recover in February: Crisil

AMCs struggling to prevent funds erosion

Mid-caps, small-caps continue to thrive

PSU insurers liquidate equity investments

Retailers propose real estate mutual fund

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