The Hindu Business Line : Monday, September 02, 2002

Offloading through bulk deals — UTI-I talks soon with insurance cos, banks
Investments made by insurance companies would, however, be within the investment regulations and the equity exposure caps laid down by IRDA. More

Index funds: A short-term spark?
LIFE was interesting for investors in index funds last week, thanks to the somewhat positive signals emanating from the equity markets. Their hopes climaxed with the trend that was reflected in the last trading session: the Sensitive Index of the ... More

UTI bail-out — Yet another delusion?
THE celebrated economist, John Kenneth Galbraith, once wrote that there could be few fields of human endeavour in which history counts for so little as in the world of finance. In his book "A short history of financial euphoria'', ... More

UTI, giri, gayi?
YASHWANT Sinha, when he read out his last Budget speech, wrapped up saying that he estimated that the direct tax revenue in 2002-2003 would be Rs 91,585 crore and that the total tax revenue receipts for the Centre would be Rs 1,72,965 crore. Now, ... More

STOCK MARKETS

Omax Auto: To drive on NSE
OMAX Auto has decided to list its shares on the National Stock Exchange. The board meeting for this purpose is to be held on Monday. The company had recently issued bonus shares in the ratio of five shares for every share held. The stock went ... More

INTERVIEW

`Difficult funds to sustain current returns' — Mr Sandesh Kirkire, Head Debt Funds, Kotak AMC
DEBT market is still providing attractive returns, though this trend is unlikely to be sustained in the near future given the rising forex reserves and stabilisation of interest rates in the country. Speaking to Business Line, Mr ... More

COMMENTARY

UTI bail-out package seen positive for markets
OVER the weekend when the stock market was resting on the crucial resistance levels of the Sensex and Nifty, the Cabinet Committee on Economic Affairs finalised Rs 14,561-crore bail-out package for Unit Trust of India. "This clear and ... More

Wipro, Satyam firm
SNAPPING the five-week winning streak, the US markets ended last week in negative territory. Fears over further downside earnings revisions from US corporates seemed to have affected the sentiment. BellSouth Corp and Sun Microsystems Inc had ... More

IPOS

Media cos go slow in spending IPO funds
EXPECTING the party to last, a barrage of media companies had hit Dalal Street last year. But the sluggishness in the sector seems to have forced these companies to go slow on utilising these funds. Companies such as Mukta Arts which raised Rs ... More

Stock Quotes
SE Diary

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Creditable progress on external debt

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Looking back
Aug. 25-Aug. 31
`Market to sit on debt till recovery seen in equities' — Mr K. Rajendra, Vice-President, Prudential ICICI MF

`SE boards must have equal numbers from all stakeholders'

SEBI proposes `corporate governance rating' soon — In touch with Crisil, ICRA

Kania panel for scrapping of regional SE concept