Business Daily from THE HINDU group of publications
Friday, April 03, 2009
ePaper | Mobile/PDA Version | Audio | Blogs
Business Daily from THE HINDU group of publications Friday, April 03, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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MUTUAL FUNDS: Mutual funds asset base sees marginal decline Only HFDC manages to show rise among biggies. Mumbai, April 2 There was a marginal decline in the asset base of mutual funds due to withdrawals by corporates and banks for advance ... FINANCIAL MARKETS: Global markets lift Sensex spirit Mumbai, April 2 Gains in the global equity markets, hopes of further rate cuts by the RBI, and some positive corporate developments sent the Sensex soaring to a five-month high ... REGULATORY BODIES & RULINGS: Independent SEBI panel for appealing against SAT order Proceedings against NSDL in IPO scam case. Mumbai, April 2 The independent committee at SEBI which was set up to exclusively look into the regulator’s proceedings against National Securities Depository Ltd in the IPO scam case, had ... STOCK EXCHANGES: SEBI for bringing OTC settlements under clearing entities fold Mumbai, April 2 SEBI is planning to bring over the counter transactions, especially in corporate bonds, into the fold of ... FOREIGN INSTITUTIONAL INVESTORS: ‘Hedge fund investors may reduce exposure’ Mumbai, April 2 Hedge fund investors who are sitting on $294 billion of cash are likely to reduce this amount by 27 per cent to $212 billion over the next six months, a recent report by Deutsche ... ECONOMIC OFFENCES: SEBI bars Pendse from accessing market for five years Kolkata, April 2 SEBI has barred former Managing Director Tata Finance Ltd, Mr Dilip Pendse, from accessing stock market for five years with immediate effect. Dr K.M. Abraham, whole-time member of SEBI in his order on March 31 has prohibited ... FINANCIAL SERVICES: Fidelity defers online distribution platform Mumbai, April 2 Adverse business environment and unfavourable market conditions have put paid to Fidelity International’s plans to turn its ongoing project for setting up an online distribution platform that would offer investors a ... STOCKS: Piramal Healthcare move long-term positive May lead to better margins going forward. Piramal Healthcare’s move to restructure its pharma solutions business, by closing down operations at its manufacturing facility in Huddersfield, UK appears to be long-term positive. While the move ... Columnists: • Harish Bijoor • Ramanujam Sridhar • S Ramesh Kumar • Radhika Chada Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
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