Business Daily from THE HINDU group of publications
Saturday, December 27, 2008
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Saturday, December 27, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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MUTUAL FUNDS: Navratnas can continue to park surplus funds in public sector MFs Move to help funds hit by redemption pressures. New Delhi, Dec. 26 Navratna and miniratna public sector enterprises can continue to park up to 30 per cent of their surplus funds in equity mutual fund schemes of public sector mutual ... STOCK MARKETS: Sensex sheds early gains on weak sentiment Mumbai, Dec 26 It was a rather disappointing week for the equity market, with benchmark Sensex losing 770 points in four consecutive trading ... OUTLOOK: ‘New institutional investors may give equity stability’ Coimbatore, Dec. 26 As a tumultuous year draws to a close, the stock market in India is eagerly waiting for the policy direction that the new US President would give to the financial sector in his country, which would have a deep impact on ... COMMENTARY: Markets this week STOCKS: Reliance Petroleum jumps on Jamnagar fuel Profit-taking caps intra-day gains. Mumbai, Dec. 26 A day after refining of crude at the new Jamnagar refinery started, shares of Reliance Petroleum Ltd (RPL) gained over 6 ... OPEN OFFERS: Tata Sons, DoCoMo defer open offer for Tata Tele (Maha) Awaiting SEBI clearance for the proposed offer. Mumbai, Dec. 26 Tata Sons and Japan’s largest mobile operator NTT DoCoMo have postponed their open offer for picking up 20 per cent stake in Tata Teleservices (Maharashtra), their offer ... STOCKS: RBS Credit plans to issue shares to MESEA Infra Seeks Government nod to raise Rs 191 cr thru share allotment. New Delhi, Dec. 26 Non-banking financial company RBS Credit and Financial Developments is planning to issue and allot 25.39 lakh equity shares to MESEA Infra Invest Company for Rs ... STOCK MARKETS: Economy, capital market recovery likely from Apr-June ‘But first quarter results likely to be poor’. Kochi, Dec. 25 The Indian economy and capital markets could begin to stage some early recovery from the second quarter of 2009, but this would be on the back of an exceptionally poor ... BUYBACK: Jubilant plans buyback of FCCBs New Delhi, Dec. 26 Pharmaceutical company Jubilant Organosys Ltd on Friday said its board has decided to explore opportunities to buy back its foreign currency convertible bonds ... RIGHTS ISSUE: No plans to revive rights issue: Suzlon New Delhi/Chennai, Dec.26 Suzlon Energy Ltd has said it has no plans to revive its Rs 1,800-crore rights issue, for which the Cabinet Committee on Economic Affairs (CCEA) gave its approval ... EVENTS: BL Club lecture today ... Columnists: • Harish Bijoor • Ramanujam Sridhar • S Ramesh Kumar • Radhika Chada Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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