IT shares recover on the back of tax concessions
Led by IT and telecom sectors, shares staged a significant recovery to close with widespread gains on the Delhi Stock Exchange on Thursday in reaction to market and industry friendly measures announced by Yashwant Sinha.

ULIP pricing to be linked to NAV
In a bid to maximise tax efficient returns for ULIP holders, mutual fund giant Unit Trust of India (UTI) has decided to shift its popular Unit Linked Insurance Plan (ULIP) scheme from the administrative price slab to the NAV (net asset value) base.

Unaudited results on firm's web site is a must, says Sebi
The Securities & Exchange Board of India (Sebi) has made publication of unaudited financial results mandatory on the website of the company or to make it available in hyper text media language (HTML) format for the stock exchanges to publish it on their website.


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  Taurus MF picks up 6% stake in Akshay Software
  Foreign market
  Market Round-up
  US mutual funds bloodied but unbowed by weak euro
  KPMF to pay 60% dividend in Taxshield


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