Mumbai University wants to get listed. The idea is too hairbrained and too radical to work
The 150-year-old Mumbai University wants to go public. It has already appointed Deutsche Bank as the lead manager to explore the idea. The university budget passed in early April has a Rs 2-lakh provision to prepare a feasibility report on listing the university. Listing by unusual businesses is not...
The massive Indian bull-run over the last few years has led to swelling assets under management (AUM) of mutual funds. In the four equity categories, AUM at the end of March 2007 were up by 21% over the same period last year. The fastest growth, albeit on a small base, happened to index funds. From Rs219.61 crore in March 2006, assets managed by index funds shot up by 181% to Rs617.56...
Regulatory zeal of the fortnight: According to a media report, companies listed in local markets will have to be more careful while reacting to sensitive, strategic reports or queries about their business. No longer can they go on denying certain developments till they actually take place. Oh really? And who will monitor that? Apparently the Securities and Exchange Board of India (SEBI). SEBI...
