Business Daily from THE HINDU group of publications
Saturday, August 30, 2008
ePaper | Mobile/PDA Version | Audio
Business Daily from THE HINDU group of publications Saturday, August 30, 2008 ePaper | Mobile/PDA Version | Audio |
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FOREX: Day one: 70,000 currency contracts traded on NSE Standard Chartered makes large deals. Nearly 70,000 currency contracts were traded on the National Stock Exchange on Friday, the first day of trading in currency futures, which was inaugurated by the Union Finance Minister, Mr P. Chidambaram. ... MUTUAL FUNDS: UTI MF seeks strategic partner To proceed with IPO once market turns favourable. Mumbai, Aug. 29 UTI Mutual Fund is seeking a strategic partner, Mr P. Chidambaram, told reporters on Friday, after a meeting with UTI officials in ... COMMENTARY: Markets this week The markets opened higher on positive global sentiment on Monday, and there was buying momentum throughout the session. Towards the close, profit-booking pared most of the gains. The Sensex rose 48.86 points to end at ... FINANCIAL SERVICES: Zen Securities launches online trading portal Plans to add 20 banks for payment gateway. Zen Securities Ltd is planning to rope in 20 banks for payment gateway (online payment) arrangements in ... MUTUAL FUNDS: Mutual funds need IRDA licence to sell unit-linked plans Mumbai, Aug. 29 Mutual Funds will have to obtain a licence from the Insurance Regulatory and Development Authority to sell unit- linked insurance plans and comply with solvency requirements, said Mr J. Harinarayan, Chairman, ... IPOS: Sanction of loans must for cos planning public issues Lead merchant bankers must ensure funds available with promoters. Mumbai, Aug. 29 Companies making public or rights issues now have to obtain final letters of sanction of loans for the projects or plans for which they are raising funds, going ... MUTUAL FUNDS: Motilal Oswal gets SEBI nod for mutual fund foray Mumbai, Aug. 29 Motilal Oswal Financial Services on Friday received an in-principle approval from SEBI to set up an asset management company in the country. ... STOCKS: Jayshree Mohta mops up 2.22% voting rights in Jay Shree Tea Kolkata, Aug. 29 Ms Jayshree Mohta, daughter of Mr B.K. Birla and a director of Jay Shree Tea, who has been buying Jay Shree Tea shares in the last couple of months, has mopped up around 2.22 per cent of voting rights till the last disclosure ... FINANCIAL SERVICES: Coimbatore Capital launches currency trading Coimbatore, Aug. 29 Trading in dollar-rupee forex futures was launched on Friday by Coimbatore Capital Ltd(CCL), a member of National Stock Exchange ... RIGHTS ISSUE: Tata Motors rights issue details on Sept 2 Mumbai, Aug. 29 Tata Motors said on Friday that the company will announce the details of its proposed rights issue including the price on September 2. ... FINANCIAL SERVICES: Doha brokerage plans currency trade DBFS Group is commencing currency trading for its customers through DBFS Securities Ltd, a subsidiary of Doha Brokerage and Financial Services Ltd. The company is launching the service with experience in currency trading under its overseas ... Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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