INVESTOR INTEREST


Moneylife Digital Team 26 April 2011
L&T Mutual Fund new issue closes on 5th May L&T Mutual Fund has launched L&T FMP-III (April370D 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 on or...

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Moneylife Digital Team 26 April 2011
BNP Paribas Mutual Fund new issue closes on 3rd May BNP Paribas Mutual Fund has launched BNP Paribas Fixed Term Fund-Series 22 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 fixed income...

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Moneylife Digital Team 26 April 2011
Birla Sun Life Mutual Fund new issue closes on 28th April Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series CZ, 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...

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Moneylife Digital Team 26 April 2011
The court passed the order on a petition filed by the NGO, Consumer Online Foundation, contending that the fee was illegal, as it was not approved by the Airports Economic Regulatory Authority of India New Delhi: The Supreme Court today quashed levying of Airport Development Fee (ADF) by...

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Moneylife Digital Team 26 April 2011
Rising costs is seen as the major reason for corporates reporting a decline in their earnings Negative cues from the global markets point out to a gap-down opening for the domestic market. The US markets settled mixed on Monday on concerns that rising costs will hurt corporate earnings, going...

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Moneylife Digital Team 25 April 2011
Earlier on 28th March, the court had asked SEBI to reply within four weeks whether it would revisit its decision to give a clean chit to NSDL in the scam, which related to share allotment irregularities in various IPOs between 2003 and 2006 New Delhi: Market regulator Securities and Exchange...

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Moneylife Digital Team 25 April 2011
In his first interaction with media after taking over as the chairman of the nation's largest fuel marketing firm, Ranbir Singh Butola said IOC and other state firms had consciously decided not to revise rates of petrol to keep "the environment happy" New Delhi: State-owned Indian Oil...

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Moneylife Digital Team 25 April 2011
The company earned Rs4,023.45 crore from its zinc, lead and silver sales together, registering a growth of 61.98% during the quarter, while its revenue from copper sales were up by over 36% at Rs4,815.57 crore New Delhi: Vedanta Group arm Sterlite Industries today reported 35.05% jump in...

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Moneylife Digital Team 25 April 2011
Nifty can fall to 5,800 if today's lows are broken. The second support is at 5,670 The market is showing signs of tiredness and unable to cross the previous high made in January. There are signs that we will get a short decline to 5,800 on the Nifty. If that level holds, the market may...

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Moneylife Digital Team 25 April 2011
Others who have been charge-sheeted along with Ms Kanimozhi are Kalaignar TV managing director Sharad Kumar, Swan Telecom promoter Shahid Usman Balwa's cousin Asif Balwa, Rajeev Agarwal-directors of Kusegaon Fruits and Vegetables Pvt Ltd-and Karim Murani of Cineyug Films (Pvt) Ltd New Delhi:...

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Moneylife Digital Team 25 April 2011
The announcement comes following a production cut by Honda Motor at its plants in Japan following a shortage of components due to the impact of the tsunami on its parts suppliers New Delhi: Auto major Honda Motor Co today said it will cut production in India by 50% from May due to components...

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Moneylife Digital Team 25 April 2011
IndusInd Bank has selected Infosys Technologies’ Finacle core banking solution version 10 to power the bank’s exponential agenda IndusInd Bank said it has selected Infosys Technologies' Finacle core banking solution version 10 to power the bank's exponential agenda. Finacle will provide a...

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Moneylife Digital Team 25 April 2011
Daimler AG has received approval from the Reserve Bank of India (RBI) to setup a “non-banking financial company” for its financial services business in India Daimler AG has received approval from the Reserve Bank of India (RBI) to setup a "non-banking financial company" for its financial...

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Moneylife Digital Team 25 April 2011
UCO Bank has tied up with Religare Securities to offer online trading to its customers as part of expanding the product bouquet and has drawn up ambitious expansion plans UCO Bank said it has tied up with Religare Securities to offer online trading to its customers as part of expanding the...

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Moneylife Digital Team 25 April 2011
Wockhardt has received tentative approval from the US health regulator to sell a generic copy of Aricept tablets, used in the treatment of Alzheimer’s disease and dementia Pharmaceutical and biotech firm Wockhardt Ltd said it has received tentative approval from the US health regulator to...

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Moneylife Digital Team 25 April 2011
Unity Infraprojects has secured two construction orders worth Rs89.29 crore from Ministry of Earth Sciences & Andhra Pradesh Industrial Infrastructure Corporation Ltd in Hyderabad Unity Infraprojects has secured two construction orders worth Rs89.29 crore from Ministry of Earth Sciences &...

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Moneylife Digital Team 25 April 2011
Traders said the buying activity was purely of speculative nature as the precious metals in overseas markets rallied to records as investors sought to protect their wealth against accelerating inflation and a weak dollar New Delhi: Gold and silver continued their winning streak for the...

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Moneylife Digital Team 25 April 2011
Star Union Dai-Ichi Life Insurance has registered a 73.21% growth in total premium collection at Rs936.70 crore compared to the previous year Private insurance company Star Union Dai-Ichi Life Insurance has registered a 73.21% growth in total premium collection at Rs936.70 crore compared to...

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Moneylife Digital Team 25 April 2011
Birla Sun Life Mutual Fund new issue closes on 28th April Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series C, a close ended income scheme with the duration of 370 days from the date of allotment. The new issue opens on 26th April and closes on 28 April 2011.

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Moneylife Digital Team 25 April 2011
Reliance Mutual Fund new issue closes on 28th April Reliance Mutual Fund has launched a new fund named as Reliance Fixed Horizon Fund-XIX-Series 12, a close ended income scheme with the duration of 368 days from the date of allotment. The new issue opens on 27th April and closes on 28th...

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