INVESTOR INTEREST


Moneylife Digital Team 20 June 2011
High crude prices and inflationary pressures are expected keep investors jittery The domestic market is likely to see a flat opening as most of its Asian peers were trading with modest gains on reports that France and Germany would chalk out a rescue plan for debt-mired Greece. However,...

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Vidur Pendharkar 18 June 2011
The Bears hold the upper hand, unless and until the 18,265 to18,372 points range is crossed. As the intermediate term trend is down, the strategy should be to use rallies close to this area for exiting long positions BSE Sensex close: 17,870 var docstoc_docid="82038114";var...

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Moneylife Digital Team 18 June 2011
The gains may get capped at around 5,450-5,500 on the Nifty The 25-basis-point hike in key policy rates by the Reserve Bank of India (RBI), higher headline inflation for May and worries about a slowdown in the global economy along with the contagion effect of the Greek debt crisis, pulled...

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Moneylife Digital Team 18 June 2011
Coal India has been doing well since the company was listed last November and has become the second most valued firm after Reliance Industries. On the other hand, RCom and Reliance Infra have not been performing well on the stock market Mumbai: Two Anil Ambani group firms, Reliance...

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Moneylife Digital Team 17 June 2011
On Friday, the Nifty almost touched our target of 5,350. A short bounce may be on the cards, but it may get stopped at around 5,450-5,500 The market opened with good gains on positive news from Maruti Suzuki and Tata Steel overnight, despite its Asian peers trading lower, weighed down by the...

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Moneylife Digital Team 17 June 2011
An agreement seems to have emerged between the finance ministry and the capital market regulator for raising the trigger limit from 15% to 25%, as recommended by a SEBI panel but the government is not in favour of 100% open offer New Delhi: The Securities and Exchange Board of India (SEBI) is...

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Moneylife Digital Team 17 June 2011
Hotel Leelaventure is looking to raise around Rs1,950 crore through sale of equity and assets and foreign currency convertible bonds Hotel Leelaventure said it is exploring opportunities to partner with real-estate firms on a revenue sharing basis to develop its land bank in Hyderabad and...

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Moneylife Digital Team 17 June 2011
Amtek Auto has fully paid the entire outstanding amount of Rs654.33 crore against redemption of outstanding bonds along with YTM Auto component maker Amtek Auto said that it has redeemed its convertible bonds, which were due for maturity for $145.97 million (about Rs654.33 crore). The...

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Moneylife Digital Team 17 June 2011
Valued at Rs62 crore, the order for setting up a solar photovoltaic power plant in Mandya district, was placed on BHEL by Karnataka Power Corporation The electronics division of Bangalore-based Bharat Heavy Electricals (BHEL) has won a major turnkey contract for setting up an eco-friendly,...

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Moneylife Digital Team 17 June 2011
DSP BlackRock Mutual Fund new issue closes on 20th June DSP BlackRock Mutual Fund has launched DSP BlackRock FMP–Series 1-3M, a close-ended income scheme. The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of...

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Moneylife Digital Team 17 June 2011
DSP BlackRock Mutual Fund new issue closes on 20th June DSP BlackRock Mutual Fund has launched DSP BlackRock FMP–12M–Series 23, a close-ended income scheme. The primary investment objective of the scheme is to seek to generate returns and capital appreciation by investing in a portfolio of...

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Moneylife Digital Team 17 June 2011
JPMorgan Mutual Fund new issue closes on 20th June JPMorgan Mutual Fund has launched JPMorgan India Fixed Maturity Plan Series 2, a close-ended income scheme. The investment objective of the scheme is to generate income through investments in debt/money market instruments and Government of...

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Moneylife Digital Team 17 June 2011
During April 2011, Rs2,025.7 crore was mobilised in the primary market through six issues compared to Rs6,514.2 crore mobilised through 14 issues in March 2011 The quantum of funds mopped up by India Inc through initial public offers (IPOs) and rights issues fell by almost 69% in April to...

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Moneylife Digital Team 17 June 2011
Uninor became the eighth largest telecom operator in the country on subscriber base in April Subscriber base of new telecom company Uninor has crossed 25 million mark by end of May 2011 and the company became the eighth largest telecom operator in the country on subscriber base in April.

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Moneylife Digital Team 17 June 2011
Max Bupa Health Insurance has already touched Rs40 crore in 14 months of its operations Max Bupa Health Insurance said it was targeting first premium collections of Rs70 crore this calendar year. The company has already touched Rs40 crore in 14 months of its operations, Max Bupa chief executive...

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Moneylife Digital Team 17 June 2011
In an affidavit filed before the apex court, the CBI contended that Ms Kanimozhi and Mr Kumar were key conspirators and Rs200 crore transferred to the Kalaignar TV was part of the ‘bribe’ amount and not a loan as claimed by the accused New Delhi: The Central Bureau of Investigation (CBI) on...

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Debashis Basu  and   Megha Vora 17 June 2011
There are volumes of information in a public issue prospectus. But retail investors do not have access to one crucial number, that is, expected profits, that determines the most crucial aspect of a public issue—valuation The Indian public issue market has evolved significantly over the...

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Moneylife Digital Team 17 June 2011
A recent survey indicates that 76% of Indians have a financial plan in place, but they were able to save just 150% more than those who had not planned for the future. This just goes to prove that a huge majority need to be better educated on how to plan for a future without a steady income—and...

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Moneylife Digital Team 17 June 2011
On receipt of the ministry’s reply, the CAG will examine the reply on merits and will hold an exit conference with it before making its final observations. “The ministry, therefore, appeals to all concerned to exercise restraint and allow the process to be completed,” a statement issued by the...

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Moneylife Digital Team 17 June 2011
“Tata Steel has decided that it would not want to hold its equity investment in Riversdale Mining, which is proposed to be delisted, without any joint venture agreement with the majority shareholder in unlisted Riversdale,” the company said in a statement New Delhi:  Tata Steel on Thursday...

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