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Tuesday, April 07, 2009
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STOCKS: Groupe Danone to sell its stake in Britannia to Wadias
Sale of the 25.48% stake to be finalised on April 14. Bangalore, April 6 Groupe Danone and the Wadias are expected to end their long standing dispute with the French foods’ major set to fully exit their biscuit joint venture company, ...

INVESTMENTS: Gold ETFs lose lustre on firm equity markets
DSP, AIG world gold funds shine. BL Research Bureau Gold ETFs, which outperformed equities during the market’s plunge to March 9 on safe haven buying, have now become ...

INTERVIEW: ‘We will have a saner range of valuations now’
We don’t have long-term domestic funds to support the markets: UTI MF. Mumbai, April 6 Women appear to be slowly making inroads into the pre-dominantly male bastion of funds management. Business Line meets up with one such person, Ms Swati ...

REGULATORY BODIES & RULINGS: Auditors see legal hitch in sharing qualified financial statements with SEBI
New Delhi, April 6 The CFSA suggestion of asking statutory auditors of listed companies to submit financial statements containing audit qualifications with the SEBI may hit ...

NEW FUND OFFER: SBI, Macquarie launch infrastructure fund
Mumbai, April 6 State Bank of India and Macquarie Group on Monday announced the launch of the Macquarie-SBI Infrastructure Fund ...

STOCKS: PTC cuts fund raising target to Rs 500 cr
New Delhi, April 6 PTC India Ltd said on Monday that its board has cleared a proposal to cut the company’s fundraising target by more than half to Rs 500 crore and raise the money through a share ...

STOCKS: Danone-Wadia pact might have neutral business impact
May resolve pending concerns on patent row over Tiger brand. The settlement of the long-pending dispute between Britannia Industries and its French stakeholder, Groupe Danone, has received a warm reception from the stock market, with the ...

DERIVATIVES MARKETS: Workshop on derivatives
Albertian Institute of Management and Geojit Financial Services are jointly organising a national workshop on derivatives in association with the NSE and NCDEX here on April 17 and 18. Experts from NSE and NCDEX will explain the growing ...


Columnists: Harish Bijoor Ramanujam Sridhar S Ramesh Kumar Radhika Chada




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Markets (April 06)
Nifty (at close)3,256.60 (+45.55)
US Dollar (Buy/Sell)50.04/05
Brent crude (a bbl) Rs2,371
Gold (a gram) Rs1,422
Silver (a kg) Rs22,615

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