Financial Daily from THE HINDU group of publications
Friday, January 27, 2006
Markets (January 25)
BSE Sensex9685.74(+135.82)
S&P CNX Nifty2940.35 (+32.35)
US Dollar (Buy/Sell)44.13/44.27


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FINANCIAL SERVICES


India Infoline plans foray into investment banking
INDIA Infoline Ltd, a domestic financial services provider, is set to foray into investment banking. The company will set up offices in three major cities in the country and five overseas centres within six months. Speaking to Business ... More

MUTUAL FUNDS


Bank of Rajasthan to distribute Principal PNB's MF products
PRINCIPAL PNB Asset Management Company Pvt Ltd and Bank of Rajasthan have announced a stie-up for the distribution of Principal's Mutual Fund's schemes through the bank's network of branches. According to the agreement, Bank of Rajasthan will ... More

JM Financial to set up private equity fund
JM Financial Ltd's board of directors has approved an investment of Rs 50 crore in JM Financial Products Pvt Ltd, a non-banking financial company, which would become its subsidiary, after the proposed merger of JM Securities Pvt Ltd, with the ... More

REGULATORY BODIES & RULINGS


IPO scam: Company Affairs Ministry for joint probe with SEBI, RBI
The Company Affairs Minister, Mr Prem Chand Gupta, said, "It is a matter of serious concern affecting the interests of common investors. Such incidents lead to erosion of investors' confidence and immediate steps need to be taken to restore confidenc e in the primary market system." More

VENTURE CAPITAL


India Growth Fund spots cos to invest
INDIA Growth Fund, the private equity vehicle backed by Kotak Mahindra, has identified at least four companies in which it may invest in the coming months. The fund, which mainly plans to allocate to fast-growing sectors, has already managed to ... More
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Looking back
Jan. 15-Jan. 21
IMD funds from Gulf may move into mutual funds

MF investors turn more hungry for critical disclosures

Tax advantage for recent buyers of Reliance shares — Stiff tax liability for short-term sale of RIL stock

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New SEBI norms for institutional placement


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