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Moneylife offers its readers a unique service—helping redress grievances on a best-effort basis. However, we have limited resources to devote to this effort and can only pursue complaints that come to us by email. We request readers to please send us crisp complaints, with all the facts on email (not as an attachment) and send us the supporting documents, only if we ask for them. We cannot...

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Insider trades

Gaurav Goel and Gautam Goel purchased 1,35,000 shares each in Dhampur Sugar Mills (Gaurav’s stake up to 3.14% and Gautam’s stake up to 3.15%). LIC of India purchased 1,15,46,559 shares in Gujarat State Petronet (stake up to 7.10%). E Sudhir Reddy, chairman and managing director of IVRCL Assets & Holdings, purchased 49,592 shares in the company (stake up to 0.05%). Umang Kejriwal purchased...

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Budget boost

Titan Industries surged 6% and Bank of India rose 5%, while MphasiS plunged 31% and Sesa Goa tumbled 13%

Gainers:
Finance minister Pranab Mukherjee, in his Budget speech, has proposed to pump Rs6,000 crore into public sector banks in the next fiscal to strengthen their capital base. The fund infusion will enable State-owned banks to maintain a minimum Tier-I capital to risk weighted asset...

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