Saturday, October 10, 1998
Mutual fund trustees, Sebi discuss Kaul panel report
Trustees of mutual funds met Securities and Exchange Board of India (Sebi) officials on Friday to discuss the recommendations made by the PK Kaul committee. The meeting discussed the ways and means by which asset management companies (AMCs) can be made more accountable to trustees.
Software firms chart a high-growth curve
It's time for an encore from software companies and it seems they are ready to deliver yet another round of sterling performances. Most software companies are likely to post an exceptional growth of 80-100% in their bottomlines for the first-half ended September 1998.
Market to hold on to 2,800 points for a while
The role of Unit Trust of India (UTI) in the health of the stock markets took centrestage during the week. UTI chairman PS Subramanyam set off many ripples. He was forthright in speaking his mind on the health of the Trust's flagship scheme, US-64, and even UTI's plans to offload Rs 800 crore worth of equity.
|
|
