The Hindu Business Line : Saturday, January 11, 2003

MFs can invest $1 b in listed foreign cos — Window open also for individuals, corporates
AS part of a slew of big-bang measures aimed at further flexibility in capital account transactions and integrating the Indian financial market with the global capital markets, the Finance Minister, Mr Jaswant Singh, today announced that ... More

Infosys Q3 net up 24 pc — 23 new clients, 1,133 more employees
THE largest listed software firm, Infosys Technologies, reported a year-on-year growth of 24.4 per cent in its net profits at Rs 256.31 crore for the third quarter ended December 31, 2002 (Rs 206 crore in the previous corresponding eriod) over a ... More

Goldman Sachs pares exposure in Infosys
GOLDMAN Sachs, the top client of Infosys Technologies, has pared its exposure in the Infosys stock while four new funds have picked up positions over one per cent in the quarter ended December 31, 2002. The institutional holding in the ... More

`MF investors can diversify the risk element'
THE proposal to ease overseas investment rules for mutual funds would help investors in diversifying their risk and giving better return for the investors, mutual funds analysts have said. The Chairman of the Association of Mutual Funds in ... More

Curbs likely on fresh overseas borrowings
"We want to discourage companies from going in for ECBs irrespective of the amounts involved. What is the need for ECBs where there is no dearth of either dollar or rupee funds in the country?" More

Sorabjee seeks more details on oil PSUs
THE Attorney-General, Mr Soli Sorabjee, has sought more information from the Government before framing an opinion on disinvestment in HPCL and BPCL. Government sources said the A-G sought more information to finalise his views during a meeting ... More

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