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Sebi
board to decide fate of Rathi group firms next month |
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The fate of Anand Rathi group
is expected to be decided early next month at the Securities
and Exchange Board of India board meeting, which will deliberate,
in detail, the contents of the reply filed by the Rathi group
last week. |
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Pru
ICICI AUM surges Rs 142 cr in Sept |
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While most of the private sector
mutual funds with foreign partners have witnessed heavy redemptions
during the last two months and have succumbed to the reeling
economical and redemption pressure, Prudential ICICI has witnessed
a surge of Rs 141.95 crore in its assets under management during
September. |
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New
buyback norms cheer market; Sensex up 51 points |
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The sentiment got a further
boost on Wednesday on news that the Union cabinet had cleared
a proposal to allow companies to buy back up to 10 per cent
of their shares with board approval. The upbeat mood pushed
the Sensex up 51.39 points to close at 3043.85 points. |
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Anthrax
scare buoys select domestic pharma stocks |
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The Anthrax scare in the US
has buoyed the stocks of select Indian pharmaceutical companies
manufacturing and marketing Ciprofloxacin, a drug used to counter
the deadly disease. |
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