The Hindu Business Line : Monday, December 16, 2002

Final cash offer at Rs 40 to Madura Coats shareholders
DSP Merrill Lynch Ltd has informed the Bombay Stock Exchange that J&P Coats Ltd (JPC), Scotland, with Coats Plc, had made an open offer (letter of offer dated September 17) to acquire up to 2,16,69,392 fully paid-up equity shares of Rs 10 each - ... More

MUTUAL FUNDS

Infosys, top holding for most diversified funds
INFOSYS Technologies is among the top holdings of most of the diversified equity funds, with over 6 per cent of the total assets under management invested in the software major shares, says a study. This is followed by cigarette major ITC and ... More

Few options on offer for retirement scenario
"A belief is not merely an idea the mind possesses; it is an idea that possesses the mind" — Robert Bolton. It's time individual investors, salaried or otherwise, accept Bolton's words as their credo. A strong belief in what they are doing ... More

STOCK MARKETS

Rally seen spreading to old-economy stocks
THE stock market, firmly in the grip of speculators, has identified props to push up the sentiment. With the Gujarat polls going the BJP way, the punting point now is the next meeting of the Cabinet Committee on Disinvestment scheduled this ... More

Dr Reddy's Lab: Court verdict crucial
A US District Court is to express an opinion on December 17 on an attempt by Dr Reddy's Labs to challenge an existing patent. The outcome will have a significant bearing on Dr. Reddy's drug roll-out plan there in the near future, and eventually ... More

COMMENTARY

ICICI Bank, DRL post strong gains
APPREHENSIONS over US corporates' profitability seemed to have kept a tab on the progress of the US markets. With some major corporates slated to announce their financial performance in the coming week, the mood turned cautious, pushing down ... More

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Looking back
Dec. 8-Dec. 14
Bourses cautioned against expanding derivatives list

Funds see bonus issue as tax planning tool