Margin trading -- Bank finance for shares gets nod
MARGIN trading in equities has been allowed. The RBI and SEBI today decided to allow banks to finance brokers for margin trading in shares.

How the margin trading system works
IN margin trading, an investor can buy ``approved'' shares by paying upfront part of the money and the rest being funded by the bank. By this, the investor can increase his equity purchasing power to buy more stocks without fully paying for it.

Bharti gets 89.5 pc stake in SkyCell
BHARTI Enterprises has acquired a dominating controlling majority stake of 89.5 per cent in SkyCell Ltd, one of the cellular service providers in Chennai.

Zydus buys `Aten' for Rs 75 cr
AHMEDABAD-based Zydus Cadila Ltd has acquired the anti-hypertensive brand `Aten' of Kopran Ltd for a consideration of Rs 75 crore.

A flying terrorist US intelligence chose to ignore
EVIDENCE that terrorist groups were recruiting pilots trained in the United States was available two years ago -- but seems to have been ignored by that country's intelligence services.

Hard life for `soft' bunch at new port of call
KARTHIK, a 25-year-old computer science graduate, is desperate to get a job. But due to the economic slowdown, he is unable to find a job to match his qualifications. Frustrated, Karthik (name changed) is willing to work as a quay crane operator at the C hennai Container Terminal Ltd (CCTL).

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