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Thursday, June 3, 1999

NSE green signal for overseas terminals
The National Stock Exchange (NSE) has asked its broker members wishing to set up terminals abroad to proceed with seeking regulatory clearances from various countries while the exchange receives the nod from the Department of Telecommunications (DoT).

Templeton MF to launch gilt fund
The Templeton Asset Management Company is planning to launch a Gilt fund. The asset management company has already filed the draft prospectus of the scheme with Sebi for the latter's approval.

Kothari Pioneer declares 12.75% dividend for IBA
Kothari Pioneer Mutual Fund has declared a 12.75% post tax dividend for its open end scheme Kothari Pioneer Income Builder Account (IBA) (dividend plan).



  Centre's Working group to study edible oil import curbs
  European gold hovers around 20-year low
  Edible oil output ample to meet demand -- Expert
  G'nut oil continues its downward trend; yarn bullish
  Poor tourist inflow takes its toll on hotel stocks
  Takeover rumour propels Sharp Industries' stock
  PNB Mutual Fund mobilises Rs 37 crore
  IPOs from Datamatics, Hughes Software likely
  M&M -- Last quarter boost to performance
  Market Briefing
  Market takes a positive outlook
  BSES -- A reasonable bet
  Trading volumes dip by 30%; Sensex inches up 23 points
  Financial Briefing



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