![]() Financial Daily from THE HINDU group of publications Thursday, December 22, 2005 |
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MARKETS MUTUAL FUNDS 20% income distribution by CanEmerging Equities CANBANK Mutual Fund has declared an income distribution of 20 per cent for its CanEmerging Equities Scheme, an open-ended equity scheme which has a face value of Rs 10. This is the maiden dividend declared by the scheme since its launch in ... More STOCKS
Flextronics increases its stake in Indian subsidiary to 94.3%FLEXTRONICS, a Singapore-based multinational, has acquired more than six per cent stake in its Indian subsidiary - Flextronics Software Systems (FSS) - from the open market. Flextronics Sales and Marketing bought 21.75 lakh shares, ... More
Mercator Lines board okays bonus issue TECHNICAL ANALYSIS Volatile movement WEDNESDAY'S market activity witnessed volatile movement. However, the sentiment reading of the tradable counters changed to bearish. Bull domination on Thursday is likely to change the sentiment reading in their favour. On the contrary, the ... More STOCK EXCHANGES Interconnected SE opens branch in Hyderabad INTERCONNECTED Stock Exchange of India Ltd, formed by 14 regional stock exchanges, has opened its fifth branch here today and plans to commission three more by the end of this financial year. The other three branches would come up at Ahmedabad, ... More STOCK MARKETS Ferro Alloys bets on mining wealth FERRO Alloys Corporation buzzed with activity on Wednesday as punting continued on the possibility of the company encashing on its initial find of platinum at its captive chromite mine at Bhadrak in Orissa. The stock moved up to Rs 15.45 with ... More REGULATORY BODIES & RULINGS Justice Sodhi takes over as SAT chief MR Justice Nauvdip Kumar Sodhi took over as the Presiding Officer of the Securities Appellate Tribunal (SAT) on Wednesday. Mr Justice Sodhi replaced Mr Kumar Rajaratnam, who had resigned as SAT officer in July but was asked by the Government ... More
SEBI unlikely to extend revised Clause 49 deadline INTERVIEW Japanese cautious about `quality of company': Nomura INDIA head-investment banking at Nomura International, Mr Vikas Sharma, says that while Japanese investors are interested in Indian companies, they are very cautious about the quality of the company they invest in. He adds that they are looking ... More COMMENTARY Stocks search for direction on lacklustre day It was a kind of day that stocks have not witnessed for several weeks now, as they have marched to new highs. On Wednesday, equities appeared to, however, have run out of steam, as they ended the day on a flat note. It was, however, a ... More IPOS Royal Classic plans IPO ROYAL Classic Group, the Rs 250-crore Tirupur-based textile company and owners of the Classic Polo brand, plans an initial public offer by 2007. Mr R. Sivaram, Executive Director, Royal Classic Group, said the IPO is to fund the company's plans ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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Looking back Dec. 11-Dec. 17 Bulls don't win bullfights, people do Close-end schemes - Not preferred ones? SAT orders compensation for DSQ Soft shareholders IOC, ONGC block deal plan to help save on capital gains tax MFs' exposure in equities doubles to Rs 70,846 cr |
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