INVESTOR INTEREST


Moneylife Digital Team 16 June 2011
Sundaram BNP Paribas Home Finance will open offices in Bhubaneshwar and Nashik Sundaram BNP Paribas Home Finance is in the process of opening 15 new offices across the country as part of plans to expand into new geographies. The company has opened an office in Kolkata to enter into the...

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Moneylife Digital Team 16 June 2011
The hike in repo and reverse repo rates would result in an increase in interest rates for builders and the same would be passed on to home buyers Housing prices may rise by 5%-10% in the next 3-6 months as the cost of funds for developers is expected to increase following the Reserve Bank of...

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Moneylife Digital Team 16 June 2011
Crisil has given “five on five” IPO grade for MCX, which is promoted by Financial Technologies India Rating agency Crisil said the proposed initial share sale of Multi Commodity Exchange of India (MCX) has strong fundamentals, especially reflecting its leadership position in the Indian...

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Moneylife Digital Team 16 June 2011
The company has fixed price band at Rs63-Rs72 Rushil Decor said that it is entering the capital market with a public issue of 56,43,750 equity shares of face value Rs10 each on 20 June 2011. The company has fixed price band at Rs63-Rs72. The issue includes promoter’s contribution of 2,43,750...

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Moneylife Digital Team 16 June 2011
SBI Mutual Fund new issue closes on 20th June SBI Mutual Fund has launched SBI Debt Fund Series 367 Days-2, 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 comprising...

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Moneylife Digital Team 16 June 2011
HDFC Mutual Fund new issue closes on 22nd June HDFC Mutual Fund has launched HDFC FMP 370D June 2011 (3), a close-ended income scheme. The investment objective of the plans under the scheme is to generate income through investments in debt/money market instruments and government securities...

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Moneylife Digital Team 16 June 2011
Edelweiss Mutual Fund new issue closes on 22nd June Edelweiss Mutual Fund has launched Edelweiss Fixed Maturity Plan-91 days-Series 2, a close-ended income scheme. The investment objective of the scheme is to generate regular income through investment in debt and money market instruments...

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Moneylife Digital Team 16 June 2011
Birla Sun Life Mutual Fund new issue closes on 22nd June Birla Sun Life Mutual Fund has launched Birla Sun Life Short Term FMP-Series 18, a close-ended income scheme. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the duration...

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Moneylife Digital Team 16 June 2011
SRS will issue around 3.5 crore equity shares under the IPO Faridabad-based SRS Ltd, which has interests in cinema exhibition, retail and food courts, said it will launch an initial public offer (IPO) to raise up to Rs225 crore by next month. The company will issue around 3.5 crore equity...

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Moneylife Digital Team 16 June 2011
The stock is valued low now, given its strong growth prospects One of the largest vertically-integrated pharmaceutical companies in India, Aurobindo Pharma, has a robust product portfolio spread over major product areas encompassing anti-retroviral (ARV) drugs, antibiotics,...

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Moneylife Digital Team 16 June 2011
Improved performance and stable growth make this a good pick Tirupur-based KPR Mill is one of the leading manufacturers of readymade knitted apparel, cotton knitted fabric and yarn in the country. The company has a presence across the entire value chain—from fibre to fashion, including...

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Moneylife Digital Team 16 June 2011
The stock has fallen sharply. Is it cheap now? The stock of Shree Renuka Sugars had hit Rs124 sometime in January 2010. At the time of writing, it has fallen to Rs59, barely above its 52-week low of Rs51. Renuka is the best sugar company in India and there is nothing wrong with the company’s...

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Moneylife Digital Team 16 June 2011
“Taxpayers who invest in the post office saving accounts schemes will now have to show the interest earned on this scheme while filing their income tax returns. Interest up to Rs3,500 in case of single accounts and Rs7,000 in case of joint accounts, is exempted,” a senior I-T official said

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Moneylife Digital Team 16 June 2011
It’s tough but rewarding Warren Buffett said “Be fearful when others are greedy and be greedy when others are fearful.” Contrarian investors, like Warren Buffett, sell when others are buying and buy when others are selling. Decisions of common investors are usually dominated by greed. They...

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Moneylife Digital Team 16 June 2011
At least six fund houses are planning or have launched gold ETFs, exactly the way they launched mid-cap funds and multi-mid-cap funds one after another  in mid-2000 Scores of exchange traded funds (ETFs) are available but many more are constantly being created. At least six fund houses are...

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Moneylife Digital Team 16 June 2011
Stories of price manipulation Exelon infrastructure (Rs75) Exelon Infrastructure is ostensibly engaged in oil trading and infrastructure development. In February 2011, it announced plans to set up a coal-based 350MW power plant in Andhra Pradesh. The company’s revenue for the past...

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Moneylife Digital Team 16 June 2011
Haryana CM Bhupinder Singh Hooda, on Wednesday, met MSI top executives, including managing director and CEO Shinzo Nakanishi, and was understood to have assured the firm of the state government's support in not permitting the formation of a second union New Delhi: The crippling strike at the...

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Moneylife Digital Team 16 June 2011
Worries of the contagion effects from a possible Greek default roiled markets worldwide The domestic market is likely to open lower ahead of the Reserve Bank of India’s (RBI) policy review and on a sharp sell-off in the global markets. The rate hike will make borrowings for corporate and...

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Moneylife Digital Team 15 June 2011
The Shamrao Vithal Co-operative Bank will distribute DSP BlackRock Mutual Fund schemes through its net work of branches spread across the country DSP BlackRock Investment Managers said that it has signed a distribution agreement with the Shamrao Vithal Co-Operative Bank as part of the...

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Moneylife Digital Team 15 June 2011
Nifty is headed for 5,350 and below, unless the Reserve Bank of India springs a surprise at its policy review meeting on Thursday The Reserve Bank of India's (RBI) possible move to cap rising inflation with a 25 basis point rate hike pulled the market lower today. The market opened lower,...

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