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Saturday, December 28, 2002

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Kelkar on MFs
  • Income of the mutual fund derived from short-term capital gains and interest should be taxed at a flat rate in the hands of the mutual fund; dividends received by the unit holders should be fully exempted since the distributable surplus would ... More

    Kotak Mahindra bundles free insurance with plan
    KOTAK Mahindra Mutual Fund will offer free life insurance to prospective investors in its K Bond Deposit Plan, according to Mr Atul Sharma, Vice-President Marketing, Kotak Mahindra Asset Management Company Ltd. Addressing newspersons here on ... More


    Narrow movement
    FRIDAY's trading activity witnessed narrow movement. Prices of the tradable counters moved within a close band. Neither the bulls nor the bears could gain from the day's trading. Click here for table The ... More


    Bharat Forge at year high
    AS the third quarter comes to end, select market players have started accumulating shares of auto-ancillary company Bharat Forge. The accumulation led the stock to touch a new 52-week high of Rs 199.50 on the stock exchanges on Friday. Dealers ... More

    Profit-booking in Reliance, HLL trims Sensex gains
    THE benchmark BSE Sensex continued its northward movement on Friday and ended the week in the positive territory. The sharp spike in the stock price of the state-owned oil refinery major Hindustan Petroleum Corporation Ltd, in anticipation of ... More

    Outlook positive on Tata Steel, Digital
    THE following strategies are based on Friday's trading in the derivatives segment at the NSE: Equity options Tata Steel: The outlook on the stock remains positive. The upside price target is Rs 165, and the downside price target ... More

    Investors give thumbs up to VisualSoft's BPO proposal
    VISUALSOFT Technologies has been witnessing a strong upside on the bourses in the recent past, with market expectations riding high on the company's new operations as a software service provider bringing in good earnings growth. Reports of the ... More

    Divestment hopes lift HOCL
    THE Hindustan Organic Chemicals Ltd (HOCL) counter was active today on the Bombay Stock Exchange and the National Stock Exchange, ahead of the Cabinet Committee on Disinvestment meet, in anticipation of a positive pronouncement regarding its ... More

    Reliance Cap rises on Infocomm rollout
    THE Reliance Capital ruled firm on major bourses on active trading. According to brokers and analysts, the market is expecting that its leasing/financing business will receive a boost from Reliance Infocomm's operational rollout. According to ... More

    L&T gains on expectations of open offer change
    LARSEN & Toubro (L&T) gained today on market rumours that the company might be de-merged into three different businesses instead of the earlier proposed de-merger of the cement division. Another rumour floating in the market was that the open ... More


    SEBI still has miles to go on Edifar
    THE Securities and Exchange Board of India (SEBI) wants to increase by another 500 the list of companies that would be required to file their annual reports in electronic format with it. It has recently sent out a communication to the stock ... More
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    Top Stories
    Kelkar panel dilutes proposals for food products — Excise duty exemption on tea, coffee, spices, milk to continue

    SEBI still has miles to go on Edifar

    Remove tax sops to software after totalisation pacts: Kelkar

    Jalan optimistic about achieving 8 pc growth

    People-factor dominates liquor industry saga

    In Focus
    Inside China

    Gujarat Elections
    Stock scam unravelling
    Red signal for Chinese silk
    Petrol pump controversy
    Small Investor
    In Depth
    Gender Justice
    Simple Economics
    India Interior
    Consumer Notes
    Looking back
    Dec. 15-Dec. 21
    Pick your stocks with care for steady gains

    SEBI issues norms on derivative products

    Only stock-in-trade staff, please

    JPC moots wide-ranging changes in capital market regulations

    DCA functioning `leaves much to be desired'

    `Merchant bankers can rope in private equity funding'

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