Merger mania hots up as mutual fund companies target global reach
The pace of consolidation in the world's asset management industry moved up a gear on Wednesday as major European financial services firms announced acquisition plans aimed at giving their fund operations global scale.

HDFC Securities to start e-broking next month
HDFC Securities, the broking firm jointly promoted by HDFC, HDFC Bank and Chase Capital Partners, is all set to start e-broking business with focus on retail customers from next month.

SBI stocks to appreciate on modernisation, VRS -- Vaidya
Shares of SBI are currently undervalued and will see an appreciation very soon, said the bank's Chairman and Managing Director Mr G G Vaidya at the launch of India Millennium Deposits Scheme.


  Euro shares weaken as tech sector provides fodder for bears
  Contextual Commerce to help websites in retaining customers
  Austrian Airlines shares plummet on Lauda losses
  Future Soft to offer 50 lakh shares to public
  Asian markets
  Wipro ADS may be priced in $43-45 range
  OTCEI mulls retail trading in privately-placed debentures
  Herd mentality on the rampage
  Coalition plans European counterparty to cut dealing costs


Click Here for Market Indicator Tables
- Top Gainers/Losers of the day
- New Highs/Lows achieved during the day