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Indo-Pak cricket: Betting on value for money
WITH the Government finally giving the green signal to India's tour of Pakistan, television channel Ten Sports, advertisers and sponsors are heaving a sigh of relief. For, at stake are revenues of over Rs 200 crore. After a Cabinet-level ...
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New certification norm worries MF distributors
DISTRIBUTORS of mutual funds are perturbed by the new certification requirement made mandatory for its staff members. Under the recently announced Securities and Exchanges Board of India guidelines, all employees who are engaged in sales and ...
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Indian investments pay off for US MFs
DOMESTIC mutual funds in the US have benefited from investing in India says a PR Newswire release citing a Standard & Poor's research into US funds investing in Indian stocks. The news release says, that according to S&P research, the averag
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Rights offers — gaining momentum
RIGHTS offers, which were rarely seen in the Indian capital markets in the last couple of years, are staging a comeback. Since the beginning of January 2004, 13 listed companies have announced plans for raising money through the issue of ...
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Bank of Maharashtra to raise Rs 230 cr through IPO
THE Pune-based Bank of Maharashtra proposes to raise Rs 230 crore through an initial public offering. The bank said on Saturday that it has received the `go ahead' from the Securities and Exchange Board of India for its IPO and it will issue ...
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Non-food credit up Rs 21,168 cr
NON-FOOD bank credit has gone up by Rs 21,168 crore as on January 30, 2004, according to the latest figures released by the Reserve Bank of India on Saturday. Food credit, however, has declined by Rs 488 crore. The increase in non-food credit ...
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Hudco roped in for Gridco loan plan
POWER sector reforms in Orissa is set to get a major fillip with Housing and Urban Development Corporation (Hudco) agreeing "in principle" to subscribe to a Grid Corporation of Orissa Ltd (Gridco) first phase term loan programme of Rs 600 crore ...
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