Financial Daily from THE HINDU group of publications
Monday, June 14, 2004

Cross Currency


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MFs start looking beyond metros
TIRED of jostling with each other in the crowded metros, mutual fund houses are branching out into smaller cities and towns in the hope of snagging new customers. Cities such as Indore, Surat, Patna, and Coimbatore already house the branch ... More

FIIs continue to exit bank stocks
FOREIGN institutional investors continue to sell banking and select PSU stocks even though panic sell-off triggered by shock election results has eased. The popularity of bank stocks has clearly sagged after the new coalition Government vowed to ... More

Global edible oil prices crash; farmers may switch crops
THE crash in international edible oil prices could not have come at a worse time than now when domestic oilseed growers are in the process of planting for the kharif season, following the south-west monsoon's early onset. If the bearishness ... More

Music in offices, discos comes at a price
PLAYING piped music at the workplace to soothe frayed nerves or blaring CDs at a pub or a café does not come free. These establishments have to acquire a licence from the copyright holder to use the music at public places. Phonographic ... More

Petro pricing: PM to be briefed today
THE Petroleum Minister, Mr Mani Shankar Aiyar, is believed to have met the Finance Minister, Mr P. Chaidambaram, on Sunday on the issue of price hike in petroleum, diesel and cooking gas. The meeting comes just two days ahead of the net due ... More

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