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STOCK MARKETS: India fares better than developed markets
But comes last among BRIC as Brazil, China gain. Mumbai, Feb. 27 Indian equity indices have fared better than their counterparts in developed countries in the past month. However, they have not done as well as the other BRIC nations, which have ...

INVESTMENT BANKING: L&T appoints investment bankers for Satyam
Mumbai, Feb. 27 Larsen & Toubro is believed to have appointed investment bankers Citigroup and Nomura to advise a possible deal with the scam-tainted Satyam Computer ...

STOCKS: Boosters for gem and jewellery would have marginal impact
‘Production cost would reduce, supply of gold would be smoother’. Mumbai, Feb. 27 The sops for the gem and jewellery sector announced on Thursday would have a marginal impact on the ailing industry, said ...

FINANCIAL SERVICES: Delay in implementing SEBI rule on unbundling of PMS pool accounts
Managers seek extension of deadline again. Mumbai, Feb. 27 SEBI’s directive to portfolio management service (PMS) managers to handle individual investor accounts separately, against the current practice of operating the funds in pooled ...

COMMENTARY: Markets this week
Following a holiday on Monday on account of Maha Shivrathri, the Indian stock markets opened on Tuesday with a negative bias. The overnight slump in US markets followed by weak Asian and European market sentiment also contributed to the ...

Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (Feb 27)
Nifty (at close)2,763.65(-22.00)
US Dollar (Buy/Sell)51.10/12
Brent crude (a bbl) Rs2,314
Gold (a gram) Rs1,391
Silver (a kg) Rs22,910

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