Mutual Funds
IDBI to begin search for UTI Executive Trustee again
AFTER launching a hunt sometime ago, the Industrial Development Bank of India will now have to launch a second round to select an Executive Trustee for the Unit Trust of India.

Drive on to change IL&FS Mutual profile
FOR all its name and lineage, IL&FS Mutual Fund has remained a relatively low-profile entity, managing not more than a few schemes.

Stocks
Tension overshadows market sentiment
THE stock markets throughout last week discounted the uncertainty factor that flowed from the tensions on the Indo-Pak border following the attack on the Indian Parliament on December 13. The recovery at the fag end of Fridays session indicated some bott om fishing efforts by the fund managers.

Cautious mood to prevail
LAST week's tension on the Indo-Pak border took its toll on the markets and mutual funds were among the worst victims.

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