Financial Daily from THE HINDU group of publications
Thursday, June 23, 2005
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Financial Daily from THE HINDU group of publications Thursday, June 23, 2005 |
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MONEY & BANKING FOREX Bond prices rally; rupee tad firmer MUMBAI: The bond market saw a rally on Wednesday with the prices rising between 30 paise and 70 paise, ahead of the Rs 5,000 crore auction on Thursday and on positive factors such as good liquidity, fall in US yields and crude oil coming ... More SOFTWARE Centurion ties up with Misys for banking tools Misys is the among the largest and strongest vendors of industry-specific software products and solutions in the world. Equation, Misys' flagship product, offers banking solutions for branch automation, data warehousing and Internet ... More NBFCS RBI cancels Niskalp registration MUMBAI: The Reserve Bank of India has announced the cancellation of the certificate of registration issued to Mumbai-based Niskalp Investments and Trading Company Ltd for carrying on the business of a non-banking financial ... More HOUSING FINANCE Standard Life sells 4.9 pc stake in HDFC — To invest more in insurance venture STANDARD Life, the Edinburgh-based mutual insurer, on Wednesday sold 4.9 per cent of its shares in HDFC in the open market for over Rs 1,000 crore. This reduces Standard Life's holding in HDFC to 9.35 per cent. Of this, 1.15 crore shares ... More GENERAL INSURANCE 
Steep drop in marine hull insurance ratesSHIPPING companies are set to benefit from a steep drop in marine hull insurance rates. And they don't have to shop outside the country for competitive rates. Following the de-tariffing of the marine (hull) rates in April 2005, the premiums ... More DEBT MARKET Bond prices rise as market turns upbeat BOND prices rose for the third consecutive day due to the absence of negative factors. The prices of most Government stocks, including the less-traded 10-year benchmark, rose by an average of 30-70 paise on Wednesday. Among the reasons that ... More PUBLIC SECTOR BANKS Exim Bank, SBI may pick up stake in Ucal's US arm EXIM Bank of India and State Bank of India are expected to invest in the equity and debt respectively of the US-based AMTEC Precision Products, a company that has just been acquired by Ucal Fuel Systems Ltd. Exim Bank is likely to take a 20 per ... More FINANCIAL INSTITUTIONS Dabhol lenders reach accord with GE, Bechtel THE long-drawn battle over the Dabhol power plant in Maharashtra is over, with the lenders to the project reaching a settlement with 85 per cent equity holders GE and Bechtel. A joint venture special purpose vehicle - formed by NTPC, GAIL, ... More
Ratings for MFIs, now NON-PERFORMING ASSETS `States can help banks recover NPAs' As a deterrent to wilful default, the RBI group suggests establishing a credit information bureau. More SHORT TERM INSTRUMENTS T-bill auctions fully subscribed THE auctions of the 91-day Treasury bill and the 364-day Treasury bill on Wednesday were fully subscribed. The notified amount for the 91-day T-bill was Rs 2,000 crore. The Reserve Bank of India received 39 competitive bids, amounting to Rs ... More IPOS YES Bank IPO priced at Rs 45 THE YES Bank IPO has been priced at Rs 45 per share as it received the maximum number of bids at this price. The IPO, which was through a book-building route, had a price band of Rs 38-45 per share. The IPO received 2,57,000 bids, resulting ... More Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Top Stories In Focus BHEL Disinvestment China's revaluation Dabhol power regenerated Tracking the rains Sethusamudram Canal Project India Inc's overseas acquisition
In Depth Gender Justice Simple Economics Tax Talk
Looking back Jun. 12-Jun. 18 Beware housing bubble: Parekh `Enough liquidity to meet growth needs' Govt offers more autonomy to PSBs `SMEs may be hit if interest rate cap on export credit is hiked' RBI panel for hike in foreign currency export credit rates Aviva shows interest in AMP Sanmar Life BoI, SIDBI tie up to boost credit to SMEs |
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