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Home -> Finance -> News

NATIONAL
'Communications to SEBI in interest of shareholders'
Reliance Industries vice-chairman and managing director Anil Ambani today (May 7, 2005) said that through his spokesperson that he wrote several communications to market regulator SEBI to protect interest of Reliance shareholders.

Four reasons why its essential to buy insurance
Ask individuals wanting to buy life insurance, about how they do their tax planning and the first reply will be - insurance policy. Such is the nature of life insurance. It is bought by almost everyone right from the bigwigs of the business world to small retail investors. And most buy it for one core reason - to save tax. But should this be the only reason to buy a life insurance policy? We don't think so. Here, we present some guiding principles for individuals who are contemplating taking life insurance.

SEBI is checking up on all Reliance Group affairs
Market regulator Security and Exchange Board of India (SEBI) today (May 7, 2005) said it has received several letters from Reliance Industries Ltd (RIL) Vice-Chairman and Managing Director Anil Ambani, fighting a bitter battle with elder brother Mukesh over ownership of the group, and would look into all the issues in the 'broader interest of investors'.

Sensex zooms by a huge 234 pts; crosses 6400-mark
The Sensex zoomed by a whopping 234.04 points to cross the 6400-mark level on the Bombay Stock Exchange (BSE) during the week under review due to heavy buying activity by local funds.