NEW FUND OFFER
UTI MF plans a slew of new launches
Targets Rs 42,500 crore of AUM by March 2007
UTI Growth declares dividend
UTI Growth & Value Fund under its half-yearly dividend plan has declared a tax-free dividend of 15 per cent (Rs 1.50 per unit on face value of Rs10). Pursuant to the payment of dividend, the NAV of the half-yearly dividend plan .
UTI Mutual to lend expertise, pick stakes in foreign firms
UTI Mutual Fund is readying to lend its expertise as well as take stakes in overseas players aspiring to enter the asset management business. It has already talked to a Thailand-based institution that intends to set up an investment management ...
UTI MF streamlines investor servicing
To cater to investors in a more focused manner
Cement stocks rally on price rise expectations
Rates expected to increase by Rs 15-20 per bag
Satyam promoters corporatise shareholding
Company to double headcount within 30 months
Munjal Showa down on UTI selling
Why is Munjal Showa declining of late? According to Street talk, the counter has been absorbing the shock of intermittent selling by UTI during this quarter. Brokers and dealers suggest that the mutual fund's gradual offloading is not because ...
Thursday's trading activity witnessed volatile movement. However, the sentiment reading of the tradable counters remains bullish. Bear move on Friday is likely to change the sentiment reading to bearish. On the other hand, the prevailing ...
REGULATORY BODIES & RULINGS
SEBI imposes penalty on two UPSE members
SEBI today imposed a penalty of censure on two UPSE member brokers, Kanodia Capital and Management Pvt Ltd and Mr Dilip Shah. This follows a SEBI inspection of the books of accounts of the broker, whereupon it discovered several irregularities, ...
SEBI penalises stockbrokers
The Securities and Exchange Board of India (SEBI) on Thursday imposed a penalty of Rs 10 lakh on Mr Sunil Biyani, stockbroker, MPSE, and Sunil Shares and Stock Brokers Ltd, broker MPSE, each for fraudulent and unfair trade practises in the scrip ...
Sensex touches 12K-mark since May 18 drop
FIEM Ind plans Rs 59-cr IPO
Price band has been fixed at Rs 125-145
Cement, bank stocks take Sensex past 12K-mark
Riding on cement and bank stocks, the BSE Sensex breached the 12,000-mark intra-day at 12,003.68 points before winding down to close the day at 11,973.02. This is first time since the May fever that the Sensex has managed to edge past the "scary ...
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