Financial Daily from THE HINDU group of publications
Tuesday, January 29, 2002

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Infar India to delist soon
INFAR India Ltd, which is currently in the process of becoming a 100-per cent wholly-owned subsidiary of the Dutch major Akzo Nobel NV, will apply for delisting from the stock exchanges in February. Currently, the company has made the second ... More


Gillette India: Restructuring afoot
THE news that Gillette Inc US proposes to infuse funds into Gillette India by way of a capital grant may provide a temporary boost to the Gillette India stock price. The company has also announced its intention of stopping production at its ... More

Bank of Baroda: Merger blues
THE news that the merger of the beleaguered Benares State Bank with Bank of Baroda is being considered may sour sentiment for the stock of the latter in the markets. Benares State Bank is a bank with a negative net worth and liabilities in excess ... More


UTI writes off 50% of NPAs in monthly plans
THE Unit Trust of India (UTI) has written off 50 per cent of NPAs in its monthly income plans (MIP). The provisioning would be accelerated over the next six months to 100 per cent, according to the Assistant General Manager, Ms Anagha Hunnurkar, ... More


Indecisive move
BULLS managed to recover during the opening of Monday's trading. Later on, the bears came back strongly and wiped out their losses. The sentiment reading of the tradable counters stands neutral. Thus favouring neither the bulls nor the bears. ... More


ICE stocks melt down in thin trades
DOUBTS about whether the expected economic recovery would be delayed by another quarter, the continuance of poor corporate performance and lingering uneasiness regarding the forthcoming Budget, affecting trading sentiment in the bourses on ... More

Write calls on Satyam and Reliance Ind
MONDAY's trading in the derivatives segment at the NSE saw most equity calls shed value. Here are some trading strategies based on the day's trading: Equity options: The January 260 calls on Satyam clocked the highest volumes with 718 ... More

Tips Ind up on foreign hand hopes
TIPS Industries has been on an upward move since the beginning of this month, despite the possibility of the company reporting losses for the third quarter. The stock closed up at Rs 123.10 on the BSE. On the NSE, it closed higher at Rs 123.50. ... More


Bharti Tele IPO records 59 pc demand on day 1
THE initial public offer of Bharti Televentures - the first mega issue in a very long time and keenly watched by the market - brought in demand for 59 per cent of the 18.53 crore shares on offer on the first day of book-building on ... More
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Top Stories
APEDA specifications for quality control -- Rice exporters told to fall in line

`Railneer' to quench commuters' thirst

UTI writes off 50% of NPAs in monthly plans

Reliance signs licence for long-distance

Develop bond market to cut forex risk: BIS

Rlys set to haul 490 mt freight

SSI net down 93 pc in Q2

In Depth
Inside Kashmir
Guide to derivatives
Looking back
Jan. 20-Jan. 26
SEBI panel moots early IPOs by MNCs, banks

Collective investment schemes -- SEBI relaxes norms for provisional registration

Bharti Tele prices IPO at Rs 45

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