Data
Access files IPO application
New Delhi: DATA Access (India) Ltd has filed an
application with the Securities and Exchange Board of
India for its proposed initial public offering of 50 million
equity shares.
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BSE,
NSE plan common client agreement
Mumbai: The Bombay Stock Exchange and the National
Stock Exchange are working on a proposal to introduce
a "common client agreement" for investors.
This
means that clients will not have to fill a separate form
if they want to trade with a broker with dual membership
on the bourses.
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FIIs
net buyers in equities
Mumbai: Notwithstanding the volatility in the capital
markets, the foreign institutional investors were net
buyers in equities at Rs 264.8 crore ($58.8 million) while
they were net sellers in debt at Rs 99.9 crore ($21.9
million) during the trading week ended February 6.
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Lord
Krishna Bank to market SBI MF products
Kochi: SBI Mutual Fund has announced its tie-up
with Lord Krishna Bank for distribution of its products.
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Birla
Sun Life funds top benchmark indices
Mumbai: Birla Sun Life Insurance Company's investment
funds have consistently out performed the benchmark indices,
for the quarter ended December 31, 2003, according to
the company officials.
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Tata
MIP Plus plans to attract 1 lakh investors
Mumbai: IN a bid to increase retail participation,
Tata TD Asset Management has launched Tata MIP Plus fund
with a target of one-lakh investors. The fund will have
an equity cap of 20 per cent, double the limit in the
Tata MIP fund.
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