The Hindu Business Line : Monday, July 25, 2005

Fortis Securities to rev up operations
FORTIS Securities Ltd (FSL), the stock broking arm of the Ranbaxy group, plans to scale up operations further, courtesy three newly launched portfolio management schemes (PMS) labelled Tortoise, Panther and Hawk Eye. The schemes, currently ... More

MUTUAL FUNDS

Alliance bid adieu note
IF you are a collector of investment memorabilia, chances are you will treasure the latest annual report issued by Alliance Capital MF - the very last one, considering the imminent transition of its schemes to Birla Mutual Fund. And if you at ... More

AMFI fine-tuning norms to check mis-selling
IN a bid to clean up the industry and put an end to mis-selling, the mutual fund industry is suggesting various reforms and is expected to table these recommendations to Securities and Exchange Board of India shortly. The Board Members of ... More

STOCK EXCHANGES

NSE transactions: No stamp duty for deals outside Maharashtra
ALLAYING fears of stock brokers having membership in the National Stock Exchange but located outside Maharashtra, State authorities have said that the newly introduced stamp duty on securities transactions will not be applicable to them. Mr ... More

STOCK MARKETS

If sitting on profit, take out part of it
Khan sat like the Sphinx, wondering when violence would end, and Jogin tried to match what Aiyar said about gas against the PM's statements. Dakshinamoorthy tried to teach his new pet, a parrot, words like 'buy' and 'sell', but Sridevi pressed ... More

Satyam Computer, VSNL hit 52-week highs
DESPITE terrorist attack in London (this time a minor one compared to 7/7 attack) and China's revaluation of yuan by 2.1 per cent, the US markets climbed further albeit marginally. On the back of the US Federal Reserve Chairman, Mr Alan ... More

It's up, up hurrah, thanks to fund flow
IF all time highs in the local benchmarks are in currency, there is no reason why the Chinese currency appreciation will not recharge the market psyche. Given the current overseas and local exuberance over the domestic equities, possibilities of ... More

INTERVIEW

`Establish minimum certification standards for planners'
TIME was when most Indians equated financial planning with having more sons! That state of affairs seems to be changing for the better. As Mr Ranjeet Mudholkar, CEO, Financial Planning Standards Board (FPSB), notes, people today are more alive ... More

`Most delicate time in investment climate'
You may be an engineer or an IT professional - you have to learn about investment because it's a necessity. Whether you are a finance man or not, you have to understand what financial parameters mean. More