Saturday, September 26, 1998
UTI brings "real-time investment" to India
Investing in an index with as little as Rs 5000, predicting the movement and getting out of one's position within an hour could be beyond one's imagination! But, UTI is making this a reality by inviting the investors to the world of real time investment. A concept well accepted globally, but yet to find a place in the Indian mutual fund industry.
IOSCO adopts uniform disclosure guideline for MNC offerings
The 23rd annual conference of the International Organization of Securities Commission (IOSCO), which was held at Nairobi, Kenya between September 12 and September 18, had adopted a document relating to the disclosure standards encompassing cross-border offerings by the multinational corporations.
European stocks plunge as crisis fears spread
Something close to panic hit European banking shares on Friday as fears of fallout from the spreading global financial crisis took key bourse indices down as much as 4 per cent and sent the dollar to its lowest point against the mark since April 1997.
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