INVESTOR INTEREST


Some 76% of Indian respondents say that they have a financial plan in place, according to a recent global study done by HSBC Bank. But are Indians really financially prepared to handle their finances after retirement? In a recent global survey by HSBC Bank called 'The Future of Retirement',...

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Moneylife Digital Team 15 June 2011
PSL has won a Rs753 crore order to supply pipe for 735 km, including line pipe and three-layer polyethylene coating for GAIL’s KKBMPL project Steel pipe manufacturer PSL said it has won a Rs753 crore order to supply pipe for 735 km, including line pipe and three-layer polyethylene coating for...

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Moneylife Digital Team 15 June 2011
Tata Motors sales of luxury brands from Jaguar Land Rover were at 22,296 units during May 2011, up 17% from the same month last year Tata Motors said its global sales increased by 11% in May to 88,251 units driven mainly by commercial vehicles and Land Rover. Sales of luxury brands from...

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Moneylife Digital Team 15 June 2011
Goanna brand is being sold by about 83% pharmacies in Australia Pharma major Lupin Ltd said that its Australian subsidiary, Generic Health Pty Ltd has acquired the worldwide rights to the Goanna brand and the complete range of premium therapeutic oils, rubs and ointments marketed under the...

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Moneylife Digital Team 15 June 2011
Tata Mutual Fund new issue closes on 22nd June Tata Mutual Fund has launched Tata Fixed Maturity Plan Series 35 Scheme C (368 days maturity), a close-ended income scheme. The investment objective of the scheme is to generate income and/or capital appreciation by investing in wide range of...

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Moneylife Digital Team 15 June 2011
Reliance Mutual Fund new issue closes on 20th June Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XX-Series 21, a close-ended income scheme. The primary investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified...

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Moneylife Digital Team 15 June 2011
ICICI Pru Mutual Fund new issue closes on 29th June ICICI Prudential Mutual Fund has launched ICICI Prudential Multiple Yield Fund-Plan B, a close-ended income scheme. The primary objective of the plan is to generate returns by investing in a portfolio of fixed income securities/debt...

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Moneylife Digital Team 15 June 2011
Deutsche Mutual Fund new issue closes on 22nd June Deutsche Mutual Fund has launched DWS Fixed Term Fund-Series 85 (DFTF-85), a close-ended income scheme. The objective of the fund is to generate income by investing in debt and money market instruments maturing on or before the date of the...

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Moneylife Digital Team 15 June 2011
Birla Sun Life Mutual Fund new issue opens on 16th June and closes on the same day Birla Sun Life Mutual Fund has launched Short Term FMP-Series 17, a close ended income scheme. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before...

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Moneylife Digital Team 15 June 2011
Gyan Kosh offers two protection options to customers to ensure the protection of their financial goals—Security Net and Safety Net Tata AIG Life Insurance has launched Tata AIG Life Insurance Gyan Kosh, a non-participating unit linked endowment insurance plan. The plan comes with in-built...

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Moneylife Digital Team 15 June 2011
Indians are second best in Asia Pacific with 74% ‘feeling’ adequately financially prepared to handle their retirement, Canara HSBC Oriental Bank of Commerce Life Insurance survey states Indians have the lowest concern about financial hardship in retirement, according to survey done across 17...

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Moneylife Digital Team 15 June 2011
While giving the unconditional NOC, the home ministry asked if Reliance could not have offered the stake to state-owned gas utility GAIL India or any other PSU New Delhi: The home ministry has given unconditional approval to Reliance Industries (RIL) for the sale of a 30% stake in 23 oil and...

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Moneylife Digital Team 15 June 2011
The Haryana labour department officials held several rounds of separate meetings with the company management and the striking workers on Tuesday. However, a scheduled joint discussion comprising all parties during the late evening did not take place New Delhi: The country’s largest car-maker...

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Moneylife Digital Team 15 June 2011
RBI’s monetary policy review is likely to keep investors guarded Global cues are likely to induce a flat opening for the domestic market. Wall Street posted its biggest gain in almost two months on Tuesday on positive economic news but markets in Asia were trading mixed despite gains in US...

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Moneylife Digital Team 14 June 2011
The UK has emerged as the top acquirer into India with deals worth $15 billion, much more than the corresponding period last year, when the year-to-date inbound deal volume stood at $151 million, according to global deal tracking firm Dealogic New Delhi: India’s inbound mergers and...

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Moneylife Digital Team 14 June 2011
The support for the Nifty now lies at 5,418 and resistance at 5,550 The market closed with modest gains amid high volatility on the back of a sharp rise in headline inflation numbers for May and worries that the Reserve Bank of India (RBI) could toughen its stance at its monetary policy...

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Moneylife Digital Team 14 June 2011
In its appeal, Sahara has staked its claim for Rs2,000 crore, the original price for the buyout. It said the court had erred in holding that Jet Airways was liable to pay the renegotiated amount of Rs1,450 crore Mumbai: The Bombay High Court today admitted an appeal filed by Sahara India...

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Moneylife Digital Team 14 June 2011
Gitanjali Gems has acquired DIT Group SpA, which owns brands like Stefan Hafner, for $11 million Leading jewellery brand Gitanjali Gems said it has acquired Italy-based jewellery firm DIT Group SpA, which owns brands like Stefan Hafner, for $11 million. “We have acquired DIT Group Spa for...

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Moneylife Digital Team 14 June 2011
Sezal Glass will invest Rs686 crore to expand its business and venture into new and related businesses Sezal Glass, which will receive Rs686 crore from sale proceeds of its float glass manufacturing unit to Saint-Gobain Glass India, will use the funds to expand its existing business and venture...

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Moneylife Digital Team 14 June 2011
Apple payments to Nokia settle all litigations and have positive financial impact Nokia said that it has signed a patent license agreement with Apple. The agreement will result in settlement of all patent litigation between companies, including the withdrawal by Nokia and Apple of their...

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