Sensex plunges 164 points
Mumbai: The Sensex fell by 164 points yesterday. Panic gripped the market and there were only sellers in most of the key counters. Heavy selling in derivatives market was also a key factor for the sharp fall in the spot market.
Back to News Review index page  

Finance Ministry to look into source of FII funds
Mumbai: Intrigued by the unusual flow of foreign institutional investors' (FII) money into the capital market, the Union finance ministry has favoured a probe to find out whether overseas corporate bodies or Indian corporates or banned entities have invested in the markets through the FII route.
Back to News Review index page  

SEBI rejects ING Mutual loyalty bonus plan
Kolkata: THE Securities and Exchange Board of India has not approved ING Mutual Fund's proposal to present a loyalty bonus to elderly investors in its monthly income plan.
Back to News Review index page  

Templeton assets under management cross Rs 16,000 crore
Mumbai: Franklin Templeton Investments has announced that assets under its management crossed Rs 16,000-crore mark, through a company press release.
Back to News Review index page  

Patni Computers IPO price band at Rs 200-230
Mumbai: Patni Computers Systems Ltd is to tap the capital market with book-built Initial Public Offering in the price band of Rs 200-230 per share of Rs two each.
Back to News Review index page