Offloading through bulk deals - UTI-I talks soon with insurance cos, banks
New Delhi: Investments made by insurance companies would, however, be within the investment regulations and the equity exposure caps laid down by IRDA. 
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Illiquid stocks catch investors' fancy
Mumbai: Welcome to the new kids on the trading block. Stocks such as ONGC, RCF, Engineers India, Essar Steel, which were hardly trading till yesterday, have today become the punters' favourites.
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Index funds: A short-term spark?
Mumbai: Life was interesting for investors in index funds last week, thanks to the somewhat positive signals emanating from the equity markets. Their hopes climaxed with the trend that was reflected in the last trading session.
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UTI, giri, gayi?
Mumbai: Yashwant Sinha, when he read out his last Budget speech, wrapped up saying that he estimated that the direct tax revenue in 2002-2003 would be Rs 91,585 crore and that the total tax revenue receipts for the Centre would be Rs 1,72,965 crore. 
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Omax Auto: To drive on NSE
Mumbai: Omax Auto has decided to list its shares on the National Stock Exchange. The board meeting for this purpose is to be held on Monday. The company had recently issued bonus shares in the ratio of five shares for every share held. 
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UTI bail-out package seen positive for markets
Mumbai: Over the weekend when the stock market was resting on the crucial resistance levels of the Sensex and Nifty, the Cabinet Committee on Economic Affairs finalised Rs 14,561-crore bail-out package for Unit Trust of India. 
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Wipro, Satyam firm
Mumbai: Snapping the five-week winning streak, the US markets ended last week in negative territory. Fears over further downside earnings revisions from US corporates seemed to have affected the sentiment. 
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Media cos go slow in spending IPO funds
Mumbai: Expecting the party to last, a barrage of media companies had hit Dalal Street last year. But the sluggishness in the sector seems to have forced these companies to go slow on utilising these funds.
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Perfectly calibrated moves for the rupee!
Mumbai: Beyond 48.40 and going forward, the picture still looks good for the rupee and given the declining trend in the overseas value of the dollar, we could see the rupee strengthen further.
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