Financial Daily from THE HINDU group of publications
Thursday, April 11, 2002
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Financial Daily from THE HINDU group of publications Thursday, April 11, 2002 |
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MARKETS OPEN OFFERS Axles India to make open offer at Rs 7 per share AXLES India Ltd has informed the stock exchanges that it proposes to come out with an open offer for buying back the 9.04 per cent equity from the shareholders of the company. The price per share has been fixed at Rs 7, and Indian Overseas Bank ... More MUTUAL FUNDS New UTI scheme for MIP '97 unit holders THE controversy over its monthly income plans notwithstanding, the Unit Trust of India has gone ahead with a proposal to introduce a special fund aimed at unit holders who are willing to roll over their maturity proceeds from MIP 1997. Caveats ... More
Narasimha Murthy on UTI board TECHNICAL ANALYSIS Mild bull domination WEDNESDAY'S trading witnessed mild bull domination. Bulls were successful in increasing the bull count by a considerable margin. The market sentiment reading of the tradable counters changed in favour of the bulls. Irrespective of bull or bear ... More STOCK MARKETS Wipro gains on Q4 hopes AFTER the market-expected results from Infosys Technologies, analysts have turned bullish on Wipro numbers. In the fourth quarter, the expected growth in the bottomline would be around 25 per cent. The mood among the market players is quite ... More
Omax Autos rides high on Hero Honda growth
Infy boosts tech stocks DERIVATIVES MARKETS Reliance Ind: Negative outlook continues WEDNESDAY'S trading in the derivatives segment at the NSE saw equity calls on tech stocks gain value. The following are the buy/sell strategies based on the day's trading: Equity options: Calls on Reliance Industries lost value during ... More FOREIGN INSTITUTIONAL INVESTORS FII investment in telecom to be outside FDI cap IN a significant decision that should give a boost to telecom companies starved of funds, the Government proposes to exclude FII investments from the 49 per cent FDI sectoral cap that is currently applicable. According to official sources, a ... More COMMENTARY Tech stocks drive overall sentiment NO surprises guessing who moved the markets on Wednesday. Infosys was the star across bourses as the company came out with its last quarter numbers earlier in the day on Wednesday. As usual, the figures did not disappoint and markets buoyed, ... More IPOS Hathway Bhawani awaits SEBI nod MUMBAI: Hathway Bhawani Cabletel & Datacom Ltd, a part of the Rajan Raheja Group, is floating a public issue offering 16 lakh shares of Rs 10 each for cash at a price of Rs 20 per share aggregating to Rs 3.20 crore. The company is in the ... More RIGHTS ISSUES Suzuki set to take control of Maruti with 56% stake -- Rights issue renunciation almost finalised JAPAN'S Suzuki Motor Corporation (SMC) is set to take control of Maruti Udyog Ltd (MUL) with 56 per cent stake following a rights offering. "For this, we have negotiated a control premium and renunciation premium with Suzuki which would be ... More Stock Quotes SE Diary Comments & Letters to the Editor to: bleditor@thehindu.co.in Subscribe to: Business Line |
Top Stories In Depth Inside Kashmir Guide to derivatives US-64 Looking back Mar. 31-Apr. 6 UTI board to decide on RIL investment probe UTI knocks SEBI door to roll over three schemes |
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