INVESTOR INTEREST


Moneylife Digital Team 25 March 2011
Future Capital Holding & Centrum Capital Ltd have decided on the rearrangement of share holding on their two existing joint ventures, FCH Centrum Wealth Managers Ltd & FCH Centrum Direct Ltd Future Capital Holding (FCH) & Centrum Capital Ltd (CCL) have decided on the rearrangement of share...

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Moneylife Digital Team 25 March 2011
Royal Sundaram has announced the infusion of Rs65 crore of additional capital (including premium) Royal Sundaram Alliance Insurance Company Ltd, the first private sector general insurance company to be licensed in India, has announced the infusion of Rs65 crore of additional capital...

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Moneylife Digital Team 25 March 2011
National air carrier Air India will reintroduce flights connecting Chennai and Colombo from 27th March National air carrier Air India will reintroduce flights connecting Chennai and Colombo from 27th March, the company said. "Air India will be reintroducing its popular Chennai-Colombo...

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Moneylife Digital Team 25 March 2011
Usha Martin has raised $125 million through external commercial borrowing to part finance its expansion activities Steel wire rope manufacturer Usha Martin said it has raised $125 million through external commercial borrowing (ECB) to part finance its expansion activities. "The company has...

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Moneylife Digital Team 25 March 2011
Tata Consultancy Services has received a contract from Shanghai Rural Commercial Bank for deploying TCS’ BaNCS Core Banking solution IT major Tata Consultancy Services (TCS) said it has received a contract from Shanghai Rural Commercial Bank for deploying TCS' BaNCS Core Banking solution. No...

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Moneylife Digital Team 25 March 2011
Tata Motors has become the first Indian company to produce 1 lakh commercial vehicles in a financial year Tata Motors said it has become the first Indian company producing 1 lakh commercial vehicles in a financial year. "It is really a proud moment for the company as Tata Motors has...

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Moneylife Digital Team 25 March 2011
SBI Mutual Fund new issue closes on 28th March SBI Mutual Fund has launched SBI Debt Fund Series-90 Days-42, a close-ended income scheme. The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio...

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Moneylife Digital Team 25 March 2011
Kotak Mahindra Mutual Fund new issue closes on 25th March Kotak Mahindra Mutual Fund has launched Kotak FMP Series 43 (367 Days), a close-ended income scheme. The investment objective of the scheme is to generate returns through investments in debt and money market instruments with a view...

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Moneylife Digital Team 25 March 2011
DSP BlackRock Mutual Fund new issue closes on 28th March DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-3M-Series 33, a close-ended income scheme. The investment objective of the scheme is to seek capital appreciation by investing in a portfolio of debt and money market...

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Moneylife Digital Team 25 March 2011
DSP BlackRock Mutual Fund new issue closes on 28th March DSP BlackRock Mutual Fund has launched DSP BlackRock FMP-12M-Series 18, a close-ended income scheme. The investment objective of the scheme is to seek capital appreciation by investing in a portfolio of debt and money market...

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Moneylife Digital Team 25 March 2011
Daiwa Mutual Fund new issue closes on 30th March Daiwa Mutual Fund has launched Daiwa Government Securities Fund-Short Term Plan, an open-ended gilt fund. The scheme seeks to generate income and capital appreciation by investing predominantly in sovereign securities issued by the central...

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Moneylife Digital Team 25 March 2011
Bharti AXA Life Insurance has added new service initiatives to assist its customers Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, has added new service initiatives to assist its customers. Bharti AXA Life, in October 2010, launched...

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Moneylife Digital Team 25 March 2011
The Nifty Options is currently in the process of securing regulatory approval from the Monetary Authority of Singapore, the city state's central bank. It is likely to be launched in May or June, according to Sanjay Rawal, CEO of New Delhi-based Open Futures Singapore: The Singapore Exchange...

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Moneylife Digital Team 25 March 2011
Indian policymakers are concerned that high oil prices would stoke inflationary pressures The Indian stock market is likely to see a cautious opening despite the Asian markets opening higher and the US markets closing higher overnight on hopes that the upcoming results season would be in line...

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Four earlier joint parliamentary committees have served no purpose  Most people forget that we have had four joint parliamentary committees (JPCs) in the past 30 years and each of them has been virtually useless. The first was in 1987 to investigate the Bofors gun scandal; the second and...

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Who regulates the main businesses of the National Securities Depository Limited (NSDL) when it is no longer only a stock depository? The shocking answer is: nobody! Hopefully UK Sinha, the new SEBI chief, will realise that NSDL is far too big and sensitive to be operating under regulatory...

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 Mid-cap stocks are still falling and small-cap stocks have absolutely no takers. Risk appetite is low even for blue chips... Large intraday moves, without a net serial rise or decline, actually show that there is confusion in the minds of traders and investors, rather than anything purposeful

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Moneylife Digital Team 24 March 2011
Contra funds invest in large-caps like Infosys and ICICI Bank and underperform their benchmarks! Contra funds are supposed to take contrarian calls to invest in stocks that are overlooked by the market or are waiting to be ‘discovered’ by investors. But do Indian contra funds live up to...

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Debashis Basu  and   Dolly Mirchandani 24 March 2011
Investing in gold has been inconvenient till now. Buying it from the neighbourhood jeweller is easy, but storing it is risky. You can buy gold ETFs, but you cannot convert them into physical gold. The new e-Series products from NSEL allow you to hold gold in demat form and convert it into...

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Moneylife Digital Team 24 March 2011
While the Department of Telecom has issued show-cause notices to 13 companies for termination of the 85 new licences issued in 2008 who are "ineligible" for getting them, the telecom ministry has again rejected the allegation of any notional loss due to issuance of 122 new licences in 2008

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