Wednesday, October 28, 1998
Charminar city's infotech mandarins form CEOs' forum
If Bangalore can have its CEOs' Pub Club, can Hyderabad be far behind? Emulating their brethren in the garden city, a clutch of like-minded top honchos of infotech companies here have formed a CEOs' forum.
Strategic planning policy prevents city's graduation to `world city'
It may not be a `world city' yet, but a property report prepared on Mumbai has won a prestigious British award for the world's best report on real estate. The contents of the report focus on just that: why Mumbai is not a `world city', and what could make it one.
The UTI Bond Fund is not a bond
In the normal course, sale of ICICI Bonds after one year is a long-term capital gain, but without indexation. If the bonds are held till maturity, the difference between the maturity value and the issue price is treated as interest. On the other hand, in the case of UTI's Bond Fund, both the benefits are available.
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