The Hindu Business Line : Monday, August 22, 2005

Finance Ministry agrees to amend tax laws — Fund of Funds to be categorised into equity, debt
THE Fund of Funds (FoF) segment of the mutual fund industry could soon get a boost with Ministry of Finance agreeing to permit categorisation of such mother funds into "equity-oriented" and "debt-oriented" funds for taxation purposes. The ... More

Global MFs' asset remains flat
Did you know that there are more than 54,000 mutual funds in the world? Or that at the end of the first quarter of 2005, assets of equity funds represented 45 per cent of all mutual fund assets internationally? Or that the contribution of ... More

STOCKS

High market prices affect open offers of MNCs
SEVERAL multinational companies (MNCs) have not been able to increase their stake through open offers and reverse book-building processes, since the market price is much higher than the offer price. In the case of certain offers that are yet ... More

STOCK EXCHANGES

Cartoon
More

STOCK MARKETS

You gotta hit the bull's-eye
Jogin spent the weekend reading company law, spurred by BSE's corporatisation, and Dakshinamoorthy tried to estimate the costs of Bharat Nirman, even as Sridevi was reading movie reviews of Barsaat and My Wife's Murder on ApunKaChoice.com… till ... More

Weak ending for all except Sify, Rediff.com
AMIDST volatile crude prices, the US stocks declined last week following the weak advice from corporate majors such as Wal-Mart Stores, Gateway Inc and Deere & Co; the S&P's 500 Index slipped 0.9 per cent to 1219.71, the tech-focussed Nasdaq More

INTERVIEW

`Daily, it is about 16,000 requests for demat'
DEMATERIALISATION of equity has been clearly the market's top priority. However, the time has come when investors may consider dematerialising their debt holdings too, feels Mr C.B. Bhave, CMD of National Securities Depository Ltd. "This may ... More

IPOS

`Banking, financial services garner more funds from IPO'
THE banking and financial services sector grossed the largest amount of Rs 4,099.74 crore from IPOs till mid-August this fiscal, followed by textiles, power, IT, media, pharma, and steel, according to an Assocham Eco Pulse (AEP) study. ... More

OUTLOOK

Oil may soon begin to hurt
MARKETS on both sides of the Atlantic cheered as oil fell from its all time high mark of $67.10 last Wednesday. The mid-week slide in the crude to $62.25 came despite a lower build up in crude inventories and a higher draw on gasoline inventories ... More

Oil issue may set the direction
AS was expected, the fresh investments figures by FIIs were down on each day last week and the benchmark indices did not make much headway. Though the overseas funds flow ended the week in the positive territory, the bullish undertone was clearly ... More

Stock Quotes
SE Diary

Comments & Letters to the Editor to: bleditor@thehindu.co.in
Subscribe to: Business Line