The Hindu Business Line : Friday, July 22, 2005

T. Rowe Price plans foray into Indian market
T. Rowe Price, one of the world's leading fund houses, is weighing the possibility of entering the Indian market. It is known to have already initiated exploratory moves, including meetings with key people associated with the local mutual fund ... More

`Not an impressive show by new fund offers'
HERE is a pointer for those who plan to invest in new equity funds: Funds launched since the beginning of this calendar year, including the ones that clocked hefty collections, have mostly turned in indifferent performance since inception. A ... More

STOCKS

Nicco Corp shines on growth hopes
NICCO Corporation on Thursday closed at its upper circuit on the BSE with a traded volume of 3.78 lakh shares on improvement in growth prospects and implementation of the corporate debt restructuring plan soon. According to analysts, the power ... More

TECHNICAL ANALYSIS

Bears prevail
BEARS were successful in restricting the bulls from making further gains on Thursday. They gained considerably from the day's market action. The sentiment reading of the tradable counters stands bearish. Bull domination on Friday is likely to ... More

STOCK MARKETS

`Yuan appreciation to help Indian market'
CHINA'S move to revalue its currency yuan, much below the market expectation, will have a positive impact on the Indian equity market as it will bring in more funds from FIIs and put less pressure on rising interest rates, market experts ... More

She's a tough rookie
She may be no seasoned investor, but Asha Todarwal faces fickle market forces with nerves of steel. More

Automotive Stamping shines on price hike talk
AUTOMOTIVE Stamping, a Tata Group company and supplier of stamping products to Tata Engg and a few other vehicle manufacturers, is moving ahead fuelled by the market rumour that Tata Engg has yielded to a decent price revision for products. ... More

MERGERS & ACQUISITIONS

First Global acquires Way2Wealth Securities
W2W is engaged in equity broking, mutual fund distribution, insurance sales and wealth management. It operates through a nationwide spread of 55 branches, employs over 500 people and has a base of about 75,000 clients. First Global is a ... More

EVENTS

Investor awareness meet in Mangalore
MANGALORE: The Mangalore branch of the Institute of Chartered Accountants of India (ICAI), in association with St Aloysius College Alumni Association, will conduct a talk on `Investor protection and awareness' in Mangalore on July 23. ... More

COMMENTARY

Broadbased profit-taking weakens market
AFTER opening on a firm note, the stock markets quickly lost steam during the day's trading. The BSE Sensex closed 38 points lower at 7,304 levels, after touching an intra-day high of 7,380 points. The CNX Nifty closed 11 points lower at 2,230 ... More

PEOPLE

Radhakrishnan Nair is new SEBI ED
MUMBAI: Mr Radhakrishnan Nair has taken charge as Executive Director in SEBI . Mr Nair will be in charge of general services department, research department, office of the investor assistance and education, integrated surveillance department ... More

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Govt fixes floor price for e-auction of coal

Rajeev Chandrasekhar may tune into FM radio

Yuan revaluation: IT companies see no major impact

Yuan effect: Rupee may strengthen

No let-up in movement of ore to steel plants

Financial sector reforms no help to real economy

In Focus

Dabhol power regenerated

China's revaluation