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Non-Tech : ICICI Ltd - (Nyse: IC) -- Ignore unavailable to you. Want to Upgrade?

To: Mohan Marette who wrote (196)	2/21/2000 12:50:00 PM
From: Mohan Marette	Read Replies (2) \| Respond to of 494

From ICICI NRI Centre-Web Trading for NRIs to be offered later. ICICIDirect has launched its Online Investing Services which will offer you the international experience of buying and selling shares in India. Our powerful 3-in-1 concept allows you to integrate your trading bank account, demat account and brokerage account. This means that you can buy and sell shares while leaving the hassles of settlement process to ICICIDirect. The power of our 3-in-1 offering lies in the integration of all your accounts. Hence it is beneficial if the Bank and Demat accounts are opened under the same umbrella as the e-invest account. The transfer of shares to/from your Demat Account and money to/from your Bank Account on the settlement days takes place automatically. You can thus buy and sell shares from any part of the world and leave the rest to us. This service is being offered only to residents of India and is presently not available to foreign residents including non-resident Indians ("NRIs") in foreign jurisdictions where the services cannot be offered without prior regulatory compliance. In such cases, due efforts are being made to comply with regulatory requirements in various jurisdictions, which shall be notified from time to time. This service does not constitute on offer to sell or a solicitation to any person in any jurisdiction where it is unlawful to make such an offer or solicitation

To: Mohan Marette who wrote (196)	2/21/2000 9:00:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 494

Prudential-ICICI Tech Fund mops up Rs 500 cr ($110 mil) (Tuesday, February 22, 2000) Our Markets Bureau in Mumbai The Prudential ICICI Technology Fund has mopped up Rs 500 crore during its initial offer period, company sources said. The fund will be investing in equity related securities of technology intensive companies, mainly from the IT, telecom, life sciences and media sectors. About 90-95 per cent of the corpus will be invested in equity while 5-10 per cent will be invested in debt instruments. Currently, the total assets under management is around Rs 4,400 crore ($957 million), with equity-related investments accounting for nearly one-third. This is the third technology fund in the last three months to have received an excellent response. In January, the Millennium Fund from Alliance Capital Mutual Fund grossed about Rs 375 crore in its initial offer period. Last week, IL&FS eCom Fund collected Rs 200 crore in its initial offering. Meanwhile, the flagship equity fund of Prudential ICICI AMC, the Growth scheme has increased its exposure to the software and telecom sectors during the month of January. As on January 31,2000, six of the top 10 holdings belong to either software or telecom software. These include Global Tele-Systems, HCL Technologies, HFCL, Infosys Technologies, Leading Edge System and SSI Ltd. The others are Sterlite, Vikas WSP, Zee and McDowell. Bharat Forge, which figured among the top five holdings, has fallen sharply and does not figure in the top 10 holdings. Similarly L&T, which was number 3 in the portfolio just a month back too has fallen sharply in terms of rankings. The AMC seems to have pared its exposure to L&T across all its schemes. Even in the Tax Plan, the L&T scrip has fallen significantly in rankings. In the tax plan too, the emphasis is mainly on telecom and software. Top holdings include HFCL, Infosys, Mastek and Satyam Computer. -Business Standard

To: Mohan Marette who wrote (196)	2/21/2000 10:10:00 PM
From: Mohan Marette	Read Replies (1) \| Respond to of 494

ICICI Net Trading Fee Schedule -Applicable to Residents only icicidirect.com ICICI Internet trading arm to accept applications from today Anurag Joshi & Suresh Nair MUMBAI, FEBRUARY 21: ICICI Web Trade, the Internet-trading subsidiary of ICICI, will accept applications to open e-invest accounts from Tuesday, a senior official of the term-lending institution said on Monday. "ICICI hopes to receive all approvals for launching icicidirect.com for trading in shares by early March and we do not wish to wait till then to accept applications to open e-invest accounts. Investors can open their accounts with a simplified 3-in-1 form, which integrates formalities for opening the bank, brokerage and demat accounts," ICICI joint general manager Madhabi Puri Buch said. "Trading on icicidirect.com will commence once the live share price feed is obtained from the National Stock Exchange (NSE)," she said. "Initially, trading, settlement and clearing will be on the NSE. The portal has asked the Bombay Stock Exchange (BSE) for extending trading facilities to its investors, but this is possible only when an interface with the exchange is established," ICICI Webtrade CEO Jaideep Arora said. The site will enable customers to place orders for shares over the Net, make payments online and hold them in dematerialised form when fully operational. The website will feature news from content providers like Reuters and Indiainfoline and reports from equity research houses like ICICI Securities in the initial phase. "The introductory offer from the content and news providers will be available six months down the line," Buch said. The account-opening charge will be Rs 750, which is refundable against the brokerage paid to the portal. Investors trading for an amount of or more than Rs 2 lakh at the present brokerage rates will be eligible for a refund of the entire account opening charges on September 30. In case the brokerage paid is less than Rs 750, only the same will be refunded. Trades resulting in delivery will be at a commission of 0.85 per cent of value of the trade, inclusive with a minimum of Rs 150 per trade. Trades that are squared off within the same settlement cycle will carry a commission of 0.85 per cent for the first leg and nil for the second leg. No minimum balance will be required to be maintained for savings account opened with e-invest account trades. The depository participant (DP) charges for demat trades will carry no charges for account opening. The annual service charges will be Rs 300 payable at the time of signing of agreement and every year in April. -Indian Express Newspapers (Bombay) Ltd.