NBFCs seek IPO nirvana in Infotech garb
Software companies are logging on to the IPO market lured by the prospect of raising ready money from investors who are prepared to pay a high premium.

Unit Trust to unveil MIP '99 (II) next month
Buoyed by the success of MIP '99, Unit Trust of India plans to launch the second MIP for the current calendar on June 21.

SBI Gilts net profit drops 6.47% to Rs 28.74 crore
SBI Gilts, the primary dealer arm of the State Bank of India, has posted a 6.47% fall in the net profit to Rs 28.74 crore during 1998-99 from Rs 30.73 crore recorded in the previous year.

  Market Round-Up
  Clariant set firmly on the growth path
  US investors see light at the end of the tunnel
  Fund managers view fall as entry points
  Short-covering helps punters recoup losses
  Agro Dutch may rally again on stake selloff talks
  Time is ripe for funds to hunt for bargains
  DPs seek free hand for opening investor accounts
  Market Briefing
  Market outlook is negative
  Ashok Leyland to remain bullish
  `We believe in capital protection and consistent returns'