MARKETS
BUYBACK
Alfa Laval ups buyback offer price
Alfa Laval AB today revised its earlier buyback offer for shares from members of the general public, raising it to Rs 1,300 from Rs 875 per share. The offer that opened on May 7 stands open till May 26 and will apply to all transactions during ...
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MUTUAL FUNDS
Realty MFs by fiscal-end
Real estate mutual funds will be offered to investors by December or the end of the current financial year, said Mr A.P. Kurian, Chairman, Association of Mutual Funds in India (AMFI), at a seminar on European Financial Markets, organised by ...
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No service tax on entry, exit loads charged by MFs
In a major relief to mutual fund houses, the Finance Ministry has clarified that the entry and exit load charged from investors by mutual funds would not attract service tax under the category of fund management services. The revenue department ...
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TECHNICAL ANALYSIS
Bull domination
Bulls dominated over Wednesday's trading activity. The sentiment reading of the tradable counters remains bullish. Bear move on Thursday has the potential to change the sentiment reading in their favour. On the contrary, the prevailing bullish ...
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IPOS
General insurance officers oppose IPO move
The General Insurance Officers All-India Association has opposed the public sector insurer's move for an initial public offer (IPO). "The disinvestment in PSU insurance is against the assurance given by the Union Government while moving the ...
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