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Popular Articles

Taxes on MF investments
How do fund houses charge the various taxes like dividend distribution tax, capital gains tax and securities transaction tax that a mutual fund is subject to? Are these deducted from the returns the fund generates?

D-Street to remain subdued as holiday season sets in
As investors get ready for Christmas celebrations, domestic bourses will not have much to cheer about and is likely to see subdued trading this week, feel analysts.

News of the day

Lunch with BS: Tejbir and Malvika Singh
Kishore Singh / New Delhi November 10, 2009, 0:00 IST
International Business

Fortis Healthcare up on fund raising plans

The stock extended gains to touch a high of Rs 150 - up 8% from the day"s low of Rs 139. It finally ended up 4.2% at Rs 148. - Sensex ends up 35pts - Markets at day"s high - Markets pare gains in noon trades - Markets in recovery mode - Sensex off day"s low; IT index down 2% - Sensex opens weak on global cues Over 7.41 lakh shares were traded on the BSE as against a two-week daily average trade of 3.17 lakh shares. _______________________________________________ (Updated at 0937 hrs) Fortis Healthcare has advanced on plans of raising money. The stock has opened at 142 and has touhced a high of Rs 147. The scrip is now trading at Rs 145, up 2% from its previous close. The counter has clocked volumes of 1.19 lakh shares on the BSE. The company is to raise Rs 450 crore through a combination of term loans from banks as well as internal accruals.


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