Financial Daily from THE HINDU group of publications
Wednesday, April 17, 2002
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Financial Daily from THE HINDU group of publications Wednesday, April 17, 2002 |
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MARKETS OPEN OFFERS Wartsila makes 2nd open offer for Indian arm FINNISH power major, Wartsila Corporation along with Wartsila Technology Oy Ab, today announced its second open offer to acquire up to 18.34 lakh shares (15.24 per cent) of the Indian subsidiary, Wartsila India, at Rs 120 for every share of face ... More MUTUAL FUNDS Pharma, IT sectors share even honours in First India tax fund FIVE years after its launch, Tax Gain 97, First India Mutual Fund's maiden and till recently the only scheme, has put its pharma investments at par with its exposure to the infotech sector. At the same time, Mr R. Balakrishnan, CEO, First India ... More
Debt and balanced schemes -- SEBI tells MFs to disclose performance of benchmarks TECHNICAL ANALYSIS Bears march ahead BEARS were in total command of Tuesday's trading activity. Their dominance for the second successive trading day left the bulls with no opportunity to recover. However, the market sentiment reading of the tradable counters stands neutral. ... More STOCK MARKETS Mukta Arts up on library rights talk THE stock of Mukta Arts moved up by 14 per cent on market talk that the entertainment company has wrapped up the sale of rights of its library to a leading broadcaster. The company has been in talks with broadcasters for the sale of rights of ... More
HLL tumbles on topline blues
ITW Signode delisted DERIVATIVES MARKETS Sell 570 put on Digital Global CALL options lost value during the day's trading in the derivatives segment of the National Stock Exchange. The top traded options were on Satyam Computer and Digital Globalsoft. REGULATORY BODIES & RULINGS Takeover panel wants share acquisition norms tightened THE Securities and Exchange Board of India's takeover panel has suggested further tightening of share acquisition norms. According to Mr Justice P.N. Bhagwati, who heads the SEBI's takeover panel, if the acquirer fails to make an open offer ... More COMMENTARY Hindustan Lever, ITC pull down Sensex WEIGHED down by the weak trend in Hindustan Lever, the BSE Sensex closed on a weak note for the second day in succession. After opening at 3459.08, the index never managed to gain ground during the day. It closed at 3413.72, down 47.79 ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Apr. 7-Apr. 13 Close end redemptions may drain UTI coffers MFs can invest 4 pc of assets in foreign papers -- SEBI fixes individual limit at $50 m Govt set to distance itself from UTI, give up powers -- Act amendment on the cards SEBI to decide on UTI schemes shortfall issue It's curtains for bank-sponsored MFs Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised FII investment in telecom to be outside FDI cap UTI team to examine audit reports of 9 cos |
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