The Unit Trust of India has
marginally reduced its exposure in Infosys Technologies Ltd
to 7.05 per cent of the paid-up share capital as on September
30, 2001 as against 7.81 per cent as on June 30, 2001.
Hindustan Lever Ltd is expected
to announce a flat third quarter sales growth on Tuesday, say
industry analysts who see the company’s revenue growth in the
region of 1-6 per cent, and a bottomline growth of about 15-16
per cent against the same period last calendar year.
Panic-stricken investors have
pulled out Rs 3,045 crore from long-term income schemes during
the month of September. While these funds saw massive net redemptions
during the month, liquid funds could attract only a part of
this money.
The Securities and Exchange
Board of India has launched criminal prosecution against 14
plantation companies based in New Delhi and their directors
for violating Sebi Regulations, 1999.
