PV Maiyya to take over as CDSL managing director
The former chairman of ICICI Banking Corporation, PV Maiyya, will take over as the managing director of the Bombay Stock Exchange (BSE) promoted Central Depository Services Ltd (CDSL). Maiyya's appointment follows the decision of KR Maheshwari, former managing director of the State Bank of Bikaner & Jaipur not to join the depository as its head and instead assume the top office at IndusInd Bank.

ILFS AMC plans offshore fund, targets $20 million
ILFS Asset Management Company has firmed up plans to launch an offshore fund with an initial target corpus of at least $20 million and upto a maximum of $125 million. Close on the heels of the off-shore fund, the AMC plans to launch an equity fund for the domestic investors.

Maharashtra Jeevan Pradhikaran bond oversubscribed; mopup tops Rs 500 cr
The ruling Shiv Sena-BJP government in Maharashtra has received a shot in the arm with the Rs 350-crore bond issue floated by the Maharashtra Jeevan Pradhikaran (MJP), raking in Rs 503.12 crore. The state government undertaking had, on September 5, made a Rs 350-crore private placement with a right to retain oversubscription.

  Asian fuel oil down on supply fears
  Indonesia rice tender likely in mid-October
  Cardamom auctions set to start in Kanpur
  Tocom platinum rises on short-covering, gold dips
  BSE signs MoU with Maharashtra industrial body for space in tech park
  Maharashtra MJP bond issue rakes in Rs 503 cr
  SBI Factors demand FI status
  Erosion in reserve shatters `balanced fund' myth
  Unit Trust raises sale, repurchase prices by 15 paise each
  Banks, institutions not to redeem US-64 holdings
  Oilseeds Exchange finalises norms for castor oil futures trade
  Market still in positive territory
  Book profit in Digital Equipment
  Reserve Bank hikes coupon on 10-year state loan to 12.50 %
  Asian fuel oil down on supply fears
  Indonesia new rice tender in mid-October
  Kanpur cardamom auctions set to start this month
  Tocom platinum up on short-covering
  RBI appoints liquidator for Asia Pacific Investment
  BSE signs pact with Maharashtra industrial body
  SBI Factors demands FI status
  Erosion in reserve shatters "balanced fund" myth
  UTI hikes US-64 sale, repurchase prices to pep up investor morale
  Banks, institutions stub out redemption plan
  Global castor-oil futures trade norms finalised
  Market still in positive territory
  Book profit in Digital Equipment
  RBI hikes coupon on 10-year state loan
  Market Briefing
  Institutions in a bind as corporates fail to sign up with depository
  Sensex ends above crucial support level of 3,087 points
  Zee Telefilms, Videocon International, Satyam attract incremental margins
  Open offer on the cards for Hinditron Informatics shareholders
  Post-hammering, institutions' scrips offer attractive dividend yields
  Tektronix to delist shares
  South Indian Bank issue oversubscribed 1.7 times
  IFCI shareholders express concern over falling share price
  Synergy Log-In System plans rights at par
  Market Round-up