INVESTOR INTEREST


Moneylife Digital Team 18 February 2011
The five-day rally was interrupted sharply today and the market will be weak on Monday, at least initially The market opened in positive terrain, tracking its Asian counterparts which were trading with gains. The key indices touched their intra-day highs in morning trade, but turned southward...

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Moneylife Digital Team 18 February 2011
Before being selected to head SEBI, Mr Sinha was the chairman and managing director of UTI Mutual Fund, and prior to this, a joint secretary in North Bloc Upendra Kumar Sinha assumed the office as the chairman of the Securities and Exchange Board (SEBI) today from the outgoing chairman...

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Moneylife Digital Team 18 February 2011
It is expensive and aimed at risk-averse investors, but would they know the risks inherent in buying gold as investment? Reliance Gold Savings Fund opens up a new avenue for investing in gold. The Fund seeks to provide returns that closely correspond to returns provided by Reliance Gold...

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Moneylife Digital Team 18 February 2011
R World–the mobile portal from Reliance Communications--would offer 24/7 live streaming of Radio Netherlands Worldwide ADAG company Reliance Communications (RCom) has signed an agreement with broadcast company Radio Netherlands Worldwide. Under the agreement, R World-the mobile portal from...

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Moneylife Digital Team 18 February 2011
L&T Infrastructure intends to raise Rs100 crore through its infrastructure bonds L&T Infrastructure Finance Company, an L&T Group company, may undertake external commercial borrowings (ECB) route to raise funds in the next fiscal. According to Ramesh Bhujang, vice president-risk and asset...

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Moneylife Digital Team 18 February 2011
Indian Bank has hiked lending rate for its existing customers to 13.75% in line with other banks State-owned lender Indian Bank has hiked lending rate for its existing customers by 25 basis points to 13.75% in line with other banks. The Bank has revised its benchmark prime lending rate...

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Moneylife Digital Team 18 February 2011
UTI Equity Tax Savings Plan record date for the dividend is 21 February 2011 UTI Equity Tax Savings Plan declares tax-free dividend of 10% (Re1 per unit on a face value of Rs10). The record date for the dividend is 21 February 2011. All unitholders registered under the dividend option of...

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Moneylife Digital Team 18 February 2011
Reliance Mutual Fund new issue closes on 21st February Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XVIII-series 3, a close-ended income scheme. The primary investment objective of the scheme is to seek to generate regular returns and growth of capital by investing in a...

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Moneylife Digital Team 18 February 2011
Religare Mutual Fund new issue closes on 23rd February Religare Mutual Fund has launched Religare Fixed Maturity Plan-Series V-Plan A to F-Plan E (370 Days), a close-ended income scheme. The investment objective of the scheme is to generate income by investing in a portfolio of debt and...

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Moneylife Digital Team 18 February 2011
Max New York Life College Plan is a guaranteed money back child plan to help parents create a corpus and meet the cost of higher education of their children Max New York Life Insurance has launched Max New York Life College Plan, a guaranteed money back child plan to help parents create a...

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Moneylife Digital Team 18 February 2011
The RBI has already invited public comments on the Malegam Panel report, which suggested among other things capping interest rate at 24% for loans extended by microfinance institutions (MFIs) Mumbai: Reserve Bank of India (RBI) deputy governor KC Chakrabarty today said the apex bank has...

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Moneylife Digital Team 18 February 2011
Cairn Energy CEO Bill Gammell expressed confidence that the dialogue with the Indian government to secure necessary to conclude the deal by 15th April New Delhi: UK's Cairn Energy Plc, which has proposed to sell most of its stake in its Indian unit to mining group Vedanta Resources, today...

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Moneylife Digital Team 18 February 2011
The raids came in the wake of allegations that that there was a connection between accused Shahid Usman Balwa-promoted Swan Telecom and the TV channel Chennai: The Central Bureau of Investigation (CBI) today carried out searches in the offices and residences of top management of DMK first...

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Moneylife Digital Team 18 February 2011
Markets in the US continued their winning streak bolstered by good corporate earnings and positive economic data and tracking the US markets, most markets in Asia were in the positive terrain in early trade today Global cues indicate a positive opening for the local market today. Wall Street...

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Moneylife Digital Team 17 February 2011
The CBI has started questioning the top honchos of major telecom firms after the Supreme Court directed it to check the eligibility criteria of operators who won 2G spectrum licenses New Delhi: A day after Reliance Dhirubhai Ambani Group chairman Anil Ambani was called for questioning at the...

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Moneylife Digital Team 17 February 2011
If the indices record a shallow correction after the five-day run, expect more sharp gains The domestic market opened flat as profit booking set in early on news that ADAG chairman Anil Ambani had been called by the CBI for questioning in the 2G spectrum scam. The futures and options...

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SEBI has been quietly letting off a few hundred chosen price manipulators and offenders with a simple ‘administrative warning’!   Open a newspaper and you will find lavish praises of the Securities and Exchange Board of India's (SEBI) long list of achievements and allegedly tough...

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SEBI has been quietly letting off a few hundred chosen price manipulators and offenders with a simple ‘administrative warning’!   Open a newspaper and you will find lavish praises of the Securities and Exchange Board of India's (SEBI) long list of achievements and allegedly tough...

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Moneylife Digital Team 17 February 2011
DQE will receive a royalty on sales generated from this agreement which is estimated to be circa €1 million over a two-year period DQ Entertainment (International) Ltd said it has signed a licensing agreement with TV Mania Gmbh through DQE's merchandising agents in France, TF1 Enterprises.

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