The Hindu Business Line : Sunday, January 07, 2007

Most equity funds under-perform market
Equity mutual funds, which have breezed past benchmarks such the BSE Sensex over the past four years, struggled to keep pace with the index in 2006. On an average, equity funds with a well-diversified portfolio, delivered a return of 34 per cent ... More

Hopes of record wheat harvest
All major States report higher coverage More

SBI offers higher rates on deposits of Rs 15 lakh-1 cr
State Bank of India will offer higher interest rates on deposits of certain size and maturity for the next three months. The bank has increased rate on domestic term deposits of Rs 15 lakh and above but less than Rs 1 crore having maturity of ... More

Anil Nanda sells stake in Federal Goetze
Auto component maker Federal-Mogul Goetze India Ltd said promoter Mr Anil Nanda has sold 2.85 per cent stake in an open market transaction. Mr Nanda sold 7,20,000 shares of Federal Goetze India at an undisclosed price on December 26, the ... More

LIC policies to be accessible online
Loans would be made available against savings instantly More

Service tax levy on global mobile roamers in India
"The fact that the payment was not directly received from the subscriber does not alter the essential characteristics of the service, which is of a telephone connection.'' More

2006: Milestone year for mergers, acquisitions
IT, ITES grab big pie in M&A deals; Outbound deals surpass inbound More

Index Outlook
Indian stock markets began 2007 on a hesitant note. After having expended all the energy in pulling back from the deep chasm that opened up in December, the markets seem to be wondering where to go next. The bedlam in the base metal and crude oil ... More

Hutchison Telecom asks Hindujas to bid if interested
Vodaphone says it won't overpay More

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