Financial Daily from THE HINDU group of publications
Monday, March 04, 2002

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OVERSEAS BORROWINGS


Flat week for Indian cos
DESPITE strong gains in the US markets, most Indian ADRs remained flat during the last week. While the Dow Jones Industrial average gained over four per cent to 10,368.86 (9968.15), the tech-focussed Nasdaq finished above the crucial 1800-mark at ... More

MUTUAL FUNDS


Investor may switch between schemes
FEW participants in the financial markets appear to be more disturbed with Mr Yashwant Sinha's latest Budget than mutual funds. Three days after the Budget presentation, speculation was rife as to why the MF lobby failed to impress the Finance ... More

POLICY


Hasty action on promises likely this time!
LAST year, after Mr Yashwant Sinha announced a spate of measures for the capital and debt markets, it took close to a year for some of these announcements to be implemented on the ground, in time to be incorporated in the 2002 Budget ... More

STOCK MARKETS


Markets seen stabilising during this week
THE market is getting adjusted to the changes ushered in the 2002-3 Budget. The initial knee-jerk reaction on the Budget day was to a large extent due to the communal violence in Gujarat. But a day after the Budget, the market saw an improvement ... More

INTERVIEW


`FMCG sector stands to gain much' -- Mr Rajat Jain, CIO, IDBI Principal MF
``In many ways, the Budget may be seen as a constraint. And, in many other ways, it will have a liberating effect,'' notes Mr Rajat Jain, Chief Investment Officer, IDBI Principal Mutual Fund. In Kolkata a day after the Budget to meet some of the ... More
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Feb. 24-Mar. 2
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