Kothari Pioneer's IT Fund to pay 40% dividend
Kothari Pioneer's Infotech Fund has declared a dividend of 40%, highest in the country's mutual fund history so far.

We want to be among top 4, says Birla Sun Life CEO
One of the key objectives of Birla Sun Life Asset Management Company is to remain consistently in the top quartile of the domestic mutual fund industry rather than aim for the top slot, the president and chief executive officer of the AMC, Jeremy Beswick said.

Sensex hovers in a grey area; There could be a revival today
The market failed to exhibit the customary strength of Monday opening this week. While the opening and the day's high did paint a picture of optimism, the index gave way during the later part of the day.

  Briefing
  Late rains arrest Navi Mumbai commodity prices
  Hopes of new management cheer up Hessian jute bourse members
  White metal plummets on New York advices; gram firm
  Telecom stocks -- Getting ready for the right connection
  Centurion Bank offers IPO at a high PE
  Hughes' IPO by Sept-end, to mop up Rs 300 crore
  Securities scam unearthed; US firm dupes investors
  Chemplast likely to gain from higher prices
  Market Briefing
  Pentafour Software targets $60 million through ADRs
  Sensex sheds 29 points on profit-booking, poll blues
  New A group entrants hit circuit-breaker
  Time to book profits at Ranbaxy Labs counter