Financial Daily from THE HINDU group of publications
Monday, March 29, 2004

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LIC board adopts Deloitte report; IPO likely
ANOTHER mega initial public offer (IPO) of a state-run entity is quietly brewing in the financial sector cauldron - an equity offering by the Life Insurance Corporation of India (LIC). In a move that would spark off a massive recast of the ... More

Silver: Not for the cautious!
DOES silver add more sheen to your portfolio than gold? After the 54 per cent surge in silver prices over the past year, it certainly appears so. If you had invested Rs 10,000 in silver precisely 10 years ago, it would now be worth Rs 16,153. ... More

Are low EMIs for cars eating into the 2-wheeler market?
WITH car manufacturers offering some of the lowest EMIs in decades to lure customers, it is the two-wheeler industry that is facing competition from outside. Maruti, the largest car manufacturer in the country, which came out with an EMI of Rs ... More

Data Access postpones IPO
DATA Access (India) Ltd has postponed its IPO, involving 5-crore equity shares of Rs 10 each (face value) at a price band of Rs 17-20 through the book-building route. The IPO was slated to open on March 29. The Managing Director, Mr ... More

New licence regime: No favours for existing players
MUCH to the disappointment of existing telecom service providers, the Telecom Regulatory Authority of India (TRAI) is unlikely to recommend any compensation to them in lieu of the forthcoming unified licensing regime. According to official ... More

Synchronous trades in GTB — SEBI completes probe into ICICI Brokerage role
THE Securities and Exchange Board of India (SEBI) is expected to pass orders very soon on the investigations into the role of ICICI Brokerage Services Ltd (IBSL) with regard to certain synchronous trades in the shares of Global Trust Bank in ... More

BrahMos missile for Navy by next year
WITH the Indian Navy placing orders, the BrahMos Aerospace, a Indo-Russian joint venture missile production company, is gearing up to strengthen its facilities both in India and Moscow, according to Dr A. Sivathanu Pillai, its Chief Executive ... More

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