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Wednesday, February 21, 2001

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Sebi adjourns hearing of Bajoria case to March 7
SEBI has adjourned the hearing of the jute baron Mr Arun Bajoria in the Bombay Dyeing case, earlier scheduled for Tuesday, to March 7 as per the diktat of the Kolkata High Court, where Mr Bajoria has filed a petition seeking quashing of the show-cause notice issued by the capital markets regulator.

Legal status of nomination clause of MFs unclear
The private sector mutual funds, as of now, are not protected by any law governing nominations. That is, in case of the death of a unitholder, the legal heir, who does not happen to be the nominee himself, can drag the MF to the court on the nomination issue.

Way2Wealth Securities to expand domestic retailing
Way2Wealth Securities Pvt Ltd, a Bangalore-based retail investments advisory firm is all set to expand its retail thrust in the western and northern part of the country.


  IKFSoftware.com to go public with par issue
  SHCIL plans own communication network
  NSE to shift to Bandra Kurla complex by May
  Cement stocks spurt on consolidation drive
  Funds take a shine to cement stocks


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