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'Govt to act as patriarch, bless bank mergers'
The government today said that it would act as a patriarch and bless public sector bank mergers that are based on synergy.

UK to be major global hub for SBI to control Europe ops: Bhatt
- Bank stocks surge on hope of better profits - SBI upbeat on foreign growth, to scale up Singapore ops - Scarce lending by banks hitting tractor sales, complains sector - Unitech Wireless raises Rs 5,000 cr for network roll out - Advance tax collections shore up in Q2 - SAIL"s Bhilai Steel Plant bank account attached

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'Indian regulatory regime has brought us a world of good'
Rajesh Bhayani / Mumbai December 24, 2009, 0:12 IST
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FIIs net bought Rs 14 crore in F&O on Monday

The foreign institutional investors (FIIs) were net buyers of Rs 14.90 crore in futures and options segments on Monday. - FII-TO-FII TRADES: PNB traded at 6% premium - FIIs net sell Rs 1,003cr, DIIs net buy Rs 716cr - Downside breakout could test 4,800 - Bond yields likely to show volatility - Global cues may dampen sentiment - Downside breakout could test 4,800 According to the data released by the NSE, FIIs were net buyers of index futures to the tune of Rs 234.62 crore, while they sold index options worth Rs 361.48 crore. They were net buyers of stock futures to the tune of Rs 142.87 crore, while they sold stock options worth Rs 1.12 crore.


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