Mutual Funds
`SBI Mutual to focus on products, servicing'
SBI Mutual Fund, a public sector bank-managed fund, offers a range of products for the investors. The funds outgoing chief, Mr Niamtullah, took time to speak about the mutual fund industry. At the end of the day, the market has just one way of judging a fund its performance, he said when Business Line asked him about the state of the market and the way MFs are shaping up. Excerpts from the interview.

Policy
Preference share norms under review
THE issue of allotment of preference shares to foreign investors is on the boil now.

Stocks
War clouds loom large
THE equities market is all set to reel under the spell of uncertainty that has cropped up following the December 13 shoot-out in Parliament. Market operators, across the board, appear to be quite nervous.

Free Speed-e demat facility for NRIs
NRI investors in the Indian capital market will be able to utilise the new Speed-e facility and de-materialise their shares free of cost from January 2002, as part of new service facilities launched by Barjeel Securities LLC, the joint venture between Ge ojit Securities and the UAE-based Al Saud Group, Mr C.J. George, Managing Director, Geojit Securities and Director, Barjeel, told Business Line.

Downtrend may continue
THE market's dalliance with bullishness appears to be over, at least for the time being. For most of last week, stocks have headed south, a situation that experts say could well continue for some more time.

Page One | Index | Home