INVESTOR INTEREST


SRF, a diversified company, is growing fast but its stock is still low-priced Catch a fund manager buying companies selling technical textiles, refrigerants, engineering plastics and industrial yarns. And if a single company makes all these things, it becomes a diversified company, a further...

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Moneylife Digital Team 17 June 2010
Polygenta Technologies (Rs43) Polygenta Technologies was incorporated as Maskara Polytex in 1981. It deals in polyester filament chips, partially oriented yarns, colour televisions and audio hi-fi systems. It has two manufacturing facilities in Maharashtra, but one of them is closed...

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Moneylife Digital Team 17 June 2010
MHADA is setting up a statistical cell which will provide all kind of data on real-estate The Maharashtra Housing and Area Development Authority (MHADA) is trying to create more transparency in the real-estate industry by accumulating a huge statistical database on prices, number of completed...

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Ravi Samalad 17 June 2010
Even as the equity market rallied and then turned volatile, retail investors have put money in gold and bonds Investors have been chasing gold over equity during the last year, as gold prices have relentlessly climbed and equity shares went nowhere. According to data sourced from the Securities...

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Moneylife Digital Team 17 June 2010
This is a summary of HDFC chairman Deepak S Parekh’s statement from the company’s 33rd annual report where he touched upon various aspects related to crucial issues in the real-estate segment  In HDFC's 33rd annual report, Deepak Parekh highlighted a few key issues related to the real-estate...

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Moneylife Digital Team 16 June 2010
Last week, Bharti Airtel said that it had bought Zain’s African assets for $10.7 billion, the largest ever cross-border deal in emerging markets. But has it really? A Tanzanian newspaper thinks otherwise and strangely, Bharti is keeping mum On 8th June, Indian operator Bharti Airtel Ltd...

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Moneylife Digital Team 16 June 2010
As suggested yesterday, the market is taking a breather before the next move which is possibly up The market accrued marginal gains in trades today. The Sensex ended the day at 17,462, up 50 points (0.3%) and the Nifty closed at 5,233, up 11 points (0.2%). The indices started the day with a...

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Moneylife Digital Team 16 June 2010
Dynamatic Technologies Ltd, the engineering products manufacturer, said it started deliveries of first set of air frame structures for India's largest defense program, Sukhoi-30 MKI fighter bomber, from its new facility in Nasik. The company recently commenced the transfer of assembly work of...

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Moneylife Digital Team 16 June 2010
Hyderabad-based biopharmaceutical company Suven Life Sciences Ltd said it secured two product patents from Japanese Patent Office (JPO) for its new chemical entities (NCE's) which is for the treatment of disorders associated with neurodegenerative diseases. The patents are valid till 2022. With...

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Moneylife Digital Team 16 June 2010
Mumbai-based PBA Infrastructure Ltd said it won a contract, worth Rs14.33 crore from Maharashtra Industrial Development Corporation (MIDC). PBA would construct WMM road with asphalt treatment including central road divider and allied work at IT Park-II (Phase-I) at Nagpur (Butibori)...

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Moneylife Digital Team 16 June 2010
Hyderabad-based Vivimed Labs Ltd said it formed a manufacturing alliance with New Jersey-based chemical supplier International Specialty Products Inc (ISP) for production of ultraviolet (UV) absorbers. No financial details were provided. The manufacturing alliance will allow the two companies...

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Moneylife Digital Team 16 June 2010
India's largest software company, Tata Consultancy Services Ltd (TCS) said it signed a multi-year contract with Telenor Norway. No financial details were provided. The contract includes application, maintenance and development services and will involve modernisation of Telenor's Norway...

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Adani Enterprises Ltd said Adani Welspun Exploration Ltd (AWEL), its joint venture with Welspun Natural Resources Pvt Ltd, started exploratory drilling in the Palej block in Cambay basin. This block was awarded to the company under the New Exploration Licensing Policy (NELP) VI. AWEL has 90%...

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Moneylife Digital Team 16 June 2010
Industry experts say that demat accounts increase the cost for mutual fund investors and will not help in penetration of funds Stock market regulator Securities and Exchange Board of India's (SEBI) recent plans to introduce mandatory demat accounts for mutual fund investors has again brought...

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This may not be the La Liga or the English Premier League, but the World Cup has its own flavour. This is reflecting on TV sales The Fédération Internationale de Football Association's (FIFA) World Cup is underway and football lovers wanting to watch their favourite stars like Lionel Messi,...

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Pallabika Ganguly 15 June 2010
The Intimation of Disapproval (IOD), occupation certificate and building completion certificate will have to mention the carpet area separately for getting a green signal from the municipal body The Municipal Corporation of Greater Mumbai (MCGM) will soon implement a regulation according to...

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Moneylife Digital Team 15 June 2010
TRF’s stock price has crashed by around 24% from Rs1,065.65 per share on 28 May 2010 to Rs807.15 per share today. Accounting errors disclosed in the company’s year-end result announcements on 31 May 2010 have triggered this fall TRF Ltd’s stock price has fallen by around 19% following the...

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Moneylife Digital Team 15 June 2010
Expect the market to take a breather after the recent run-up The market ended in the green today amid a high degree of volatility. The Sensex ended at 17,413, up 74 points (0.4%) and Nifty shut at 5,222, up 24 points (0.4%). The benchmarks touched their intraday lows during early afternoon. A...

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Moneylife Digital Team 15 June 2010
State-run lender Bank of India said it raised Tier- II capital through issue of upper Tier-II Capital bonds of Rs1,000 crore. The coupon rate is 8.48% per annum and tenure is 15 years with a call option after 10 years. On Tuesday, Bank of India's shares gained 1.2% to Rs336 on the Bombay Stock...

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Moneylife Digital Team 15 June 2010
India's largest software company Tata Consultancy Services Ltd (TCS) said it collaborated with Europe-based Xynteo to create solutions for a low carbon economy. These solutions will be initially built and deployed in the Nordic market.  The partnership will look at finding new ways to help...

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