Corporate
CG-Vak Software net up 49 pc
MUMBAI: CG-VAK Software & Exports Ltd has announced a 49 per cent increase in the net profit for the year ended March 31, 2000. The operating income was Rs. 6.47 crores (Rs. 4.02 crores).

Miscellaneous
RBI spoils the swap party
The word is that the Government may not take too kindly to this move by the RBI though North Block officials swear all the time that it is only the old lady on Mint Street which is responsible for ``orderly conditions prevailing in the market.''

Mutual Funds
Tech stocks boost the bottomlines
IT is by now clear that the recent rise in net asset values (NAVs) of diversified equity funds is mostly on account of upward movement in technology stocks. On a week-on-week basis, a number of such funds have begun to outperform the market indices. And, if the trend continues, tech funds could again fetch decent returns, at least to those who had invested in them when NAVs were really low.

Stocks
Trading may remain range-bound
SHARE price movement in the week ahead will be marked by volatility with the Securities and Exchange Board of India's move to relax price bands to 16 per cent coming into effect from July 3.

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