Post rollover, Prudential-ICICI Premier plans to hold only MNC stocks
Prudential-ICICI Premier plans to offload all non-MNC stocks in its current portfolio in the months before and after the scheme is rolled over. The new mandate for the scheme envisages a 60% investment in debt while the balance 40% equity would be only in MNCs.

UTI files petition against appelate authority order
Unit Trust of India (UTI) has filed a writ petition against the appellate authority in the finance ministry challenging an order that had set aside its plea seeking compensation of Rs 7.52 crore from Hindustan Lever.

ICICI pours old wine in a new bottle
ICICI is once again back in the market with a bond offering which has a regular fare of vanilla and tax-saving instruments. However, investors hoping for a higher coupon this time around are likely to be disappointed.

  Asian aluminium stable, copper depressed
  LME slump, strong yen fail to excite Japan
  India coffee sales up on high leftover offering
  UTI Bank debuts at 19% discount on BSE
  Higher arrivals dampen Calcutta tea sale
  Commercial papers settle down at 10.75%
  Gilts edge up ahead of 3-year papers' expectations
  ITC gives direction to rudderless market, Sensex rises 45 points
  BSE to initiate action against errant broker
  3 brokers get reprieve; SEBI serves showcause notice on 15 others
  Winds of change blow at Stock Holding Corp
  'The market needs retail participation'
  Rs 1,117 cr flows out of UTI equity funds
  European bourses look up
  After Sonata Software, MM Softek logs into the primary market
  Yogi Pharma barred from accessing capital market
  Investors beginning to opt out of UTI equity schemes
  Poor response to BoI Sqaure redemption
  Concessional fees only for market makers, says SEBI
  Market seems unfazed by bad news, looks set for a rally