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`Big Bull' Harshad Mehta dead
STOCK broker Mr Harshad Mehta died in the early hours of Monday at the Thane civil hospital following a brief heart ailment. Mr Mehta, who was 47, is survived by his wife and two sons. Mr Mehta was under judicial custody in the Thane prison ... More

Smart aleck at right place at right time
THE `Big Bull' would charge no more, even if for some time now, it became evident that the earlier energy was clearly missing in his more recent attempts. In the end, his demise was as abrupt as the collapse of the bubble that he helped create in ... More

MTNL red carpet for customers
STATE-owned Mahanagar Telephone Nigam Ltd is spreading out red carpet to customers for the coming year. In what appears to be an aggressive pricing strategy to garner clients, the company will waive installation charges for new connections in ... More

Argentina implodes as IMF looks on
THE FINANCIAL implosion in Argentina had been in the making for months as the third largest economy of Latin America desperately clung to its peso-dollar one-to-one exchange rate and sought to restructure its $155-billion foreign debt without ... More

Fiscal deficit up 23% in Apr-Nov
THE Centre's fiscal deficit rose by 23 per cent during the first eight months of the current fiscal, following a major slump in tax collections coupled with a spurt in expenditure. According to data released by the Comptroller-General of ... More

First-half GDP growth slumps to 4.9 per cent
THE Indian economy has registered a dismal growth rate of 4.9 per cent during the first half of the current fiscal. According to the Central Statistical Organisation (CSO), the 4.9 per cent year-on-year increase in real gross domestic product ... More

IPO, pvt placement mulled for proposed UTI AMC
THE Government is considering the option of setting up of a new asset management company (AMC) for the Unit Trust of India (UTI) either through the initial public offering (IPO) route or through private placement of shares. The setting up of an ... More

US-64 takes a beating on NSE
The unit prices of UTI's flagship scheme, US-64, crashed today on the stock exchanges after the announcement of its net asset value (NAV). The US-64 unit crashed by the 20 per cent limit on the National Stock Exchange (NSE) at Rs 6.25. It ... More

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Panel to supervise Investor Protection Fund formed

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