INVESTOR INTEREST


Moneylife Digital Team 31 January 2011
Tata Motors is offering free comprehensive maintenance package for four years/60,000km Tata Motors Ltd has announced a special scheme on Tata Nano for all defence personnel. As part of the scheme, Tata Motors is offering free comprehensive maintenance package for four years/60,000km (whichever...

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Moneylife Digital Team 31 January 2011
Rolta India consolidated revenue for the December 2010 quarter stood at Rs441.15 crore compared to Rs375.56 crore in the corresponding quarter last year IT company Rolta India Ltd said its consolidated profit after tax (PAT) (including exceptional item) for the second quarter ended 31...

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Moneylife Digital Team 31 January 2011
Ind-Swift Laboratories net profit for the December 2010 quarter increased to Rs24.61 crore from Rs13.45 crore in the corresponding quarter last year Pharma company Ind-Swift Laboratories Ltd said its net profit for the December 2010 quarter increased 83.10% to Rs24.61 crore from Rs13.45 crore...

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Moneylife Digital Team 31 January 2011
Life Insurance Corporation of India has received Rs34,137.12 crore in first premium income in the current financial year Life Insurance Corporation of India has crossed the landmark of 2.5 crore policies on 29th January 2011. The Corporation has completed 2,52,44,846 policies and received...

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Moneylife Digital Team 31 January 2011
The Crisil study suggests that larger SMEs are more sensitive to interest rates, with many of them having borrowed aggressively to finance capacity expansion programmes Crisil today released the findings of a study on the financial performance of over 3,000 rated small and medium enterprises...

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Moneylife Digital Team 31 January 2011
Some banks, including HDFC Bank, have decided to impose a penalty of 1% for all premature withdrawals from fixed deposits To discourage premature withdrawal of money from fixed deposit accounts, banks have decided to impose a penalty on such transactions to minimise any impact on their...

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Moneylife Digital Team 31 January 2011
Max Bupa Health Insurance floats ‘Swasthya Pratham Micro Insurance Plan’, a group health insurance cover for social sectors Max Bupa Health Insurance has launched 'Swasthya Pratham Micro Insurance Plan' a group health insurance cover for social sectors. The plan provides health insurance cover...

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Moneylife Digital Team 31 January 2011
Tata Mutual Fund’s new issue closes on 2nd February Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 28-Scheme A, a close-ended income scheme. The investment objective of the scheme is to generate income and/or capital appreciation by investing in debt and money market...

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Moneylife Digital Team 31 January 2011
Religare Mutual Fund’s new issue closes on 1st February Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series V-Plan A to F-Plan C (3 Months), a close-ended income scheme. The investment objective of the scheme is to generate income by investing in a portfolio of debt and...

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Moneylife Digital Team 31 January 2011
L&T Mutual Fund’s new issue closes on 9th February L&T Mutual Fund has launched L&T FMP-III (January369D A), a close-ended income scheme. The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of debt/fixed income securities maturing...

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Moneylife Digital Team 31 January 2011
BNP Paribas Mutual Fund’s new issue closes on 7th February BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 20 C, a close-ended income scheme. The investment objective of the scheme would be to achieve growth of capital through investments made in a basket of fixed...

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Moneylife Digital Team 31 January 2011
Axis Mutual Fund’s new issue closes on 14th February Axis Mutual Fund has launched Axis Midcap Fund, an open-ended growth scheme. The investment objective of the scheme is to achieve long term capital appreciation by investing predominantly in equity & equity related instruments of mid size...

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Moneylife Digital Team 31 January 2011
A major thrust of ADB's India Country Operations Business Plan for 2011-2013 will be to support infrastructure development, particularly through public-private partnership (PPP) programs New Delhi: The Asian Development Bank (ADB) will extend $7.4 billion assistance to India for developing...

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Moneylife Digital Team 31 January 2011
Reacting to the decline in profit, shares of Hotel Leelaventure plunged by 4.68% to hit a one-year low of Rs39.65 apiece in early trade on the BSE today Mumbai: Hospitality major Hotel Leelaventure today reported a 23.63% dip in net profit for the quarter ended 31 December 2010, to Rs22.04...

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Moneylife Digital Team 31 January 2011
Commenting on the report, telecom minister Kapil Sibal said that he would study the report while the government will decide on the future course of action New Delhi: The one-man panel that went into the procedures for awarding second generation (2G) licences between 2001 and 2009 today...

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Moneylife Digital Team 31 January 2011
FIIs, whose investments are often called 'hot money' because they can be pulled out at anytime, have purchased stocks and debt securities worth Rs79,420 crore during the course of the 19 trading sessions conducted in 2011 Mumbai: Foreign investors have purchased stocks and bonds worth over...

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The simple truth is that governments are playing a far greater role in the global financial system than ever before. The sorry part is that they are acting badly by distorting markets and information. In short, they are acting just like governments Economists and financial analysts use tools...

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Moneylife Digital Team 31 January 2011
The Indian market is likely to open on a cautious note on global concerns. The geo-political tensions in Egypt pulled the US markets down on Friday, resulting in the biggest one-day loss in nearly six months. Rioting in Egypt also led to a week opening of the Asian markets on Monday. The SGX...

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Moneylife Digital Team 29 January 2011
“Export-related payments for goods and services into your PayPal account may not exceed $500 per transaction,” PayPal spokesman Dickson Seow said in a blog Washington: Online payment service PayPal on Friday announced changes in its payment to Indian transactions, following the guidelines...

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