The Hindu Business Line : Monday, December 22, 2003

Bull run in stock prices — Value of Govt holding in PSUs swells Rs 1.5 lakh cr
BY virtue of its holdings in several public sector undertakings (PSUs), the Union Government is one of the biggest beneficiaries of the ongoing bull run in stock prices. The value of the Government holding in 44 listed PSUs has gone up sharply ... More

IPOs may come at big premium
THE booming market conditions could prompt companies planning to come out with initial public offerings (IPOs) to charge huge premiums on the shares to be listed on the bourses. Market buzz indicates that several first-timers such as Biocon ... More

Complying with SEBI's `25 per cent' rule — MFs pin hopes on increased inflows
THE Securities and Exchange Board of India's (SEBI) recent guideline, which decrees that no investor be allowed to own over 25 per cent of a scheme, may hit more than a handful of equity funds. The ownership patterns disclosed by fund houses in ... More

Metro Cash blocks over 3,000 memberships — `No proper business registration'
METRO Cash & Carry India Pvt Ltd, which was allowed to undertake business-to-business trading in the country, said it has blocked the membership of over 3,000 customers after a review showed they did not hold proper business registration. The ... More

Thulasidas is new Air India chief
AIR-INDIA will have a full-time Chairman and Managing Director once again after nine years, when Mr V. Thulasidas, an IAS officer of the Tripura cadre of the 1972 batch, takes over as Chairman and Managing Director on Monday. Mr Thulasidas, who ... More

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