INVESTOR INTEREST


Moneylife Digital Team 01 December 2010
Car-maker, Maruti Suzuki India (MSI) Ltd, today reported sales of 1,12,554 vehicles in November, translating into a 28.18% increase vis-à-vis the year-ago period. Sales in the same month last year stood at 87,807 units, MSI said in a statement. The company saw sales of 1,02,503 units for the...

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Moneylife Digital Team 01 December 2010
Country's largest power producer NTPC Ltd has tied up with a Singapore-based bank for a $300 million loan for funding its financial plans in this fiscal, a senior company official said today. However, the company has not disclosed the bank name. The loan is for seven-year period. "We...

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Moneylife Digital Team 01 December 2010
Ramky Infrastructure Ltd said its fully-owned subsidiary Ramky Engineering and Consulting Services (FZC), Sharjah, has started work on the Gabon Special Economic Zone (GSEZ) in the capital city of Libreville, Gabon, West Africa. The GSEZ-SA is a joint venture between the government of Gabon...

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Moneylife Digital Team 01 December 2010
ICICI Pru MF unveils 371 days plan; Reliance MF floats Fixed Horizon Fund-XVI-Series 5; Motilal Oswal MF files for India's 1st US Equity ETF based on the 'Nasdaq-100 Index'; BSNL reduces STD call charges; ICICI Securities introduces new brokerage structure for its customers; Tata Motors ties up...

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Moneylife Digital Team 01 December 2010
Mumbai: The Maharashtra Pollution Control Board (MPCB) has issued show-cause notices to 12 builders, among them Indiabulls and K Raheja, for alleged violation of environmental norms, reports PTI. The notices were issued on November 23 also to Nilkanth Tech Park, Suresh Estates, Prime Properties,...

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Moneylife Digital Team 01 December 2010
The local market is likely to see a range-bound opening today as the US markets closed weak overnight on fears that Portugal’s debt might come in for a downgrade. Markets in Asia were mostly soft in early trade this morning on continued anxiety over the Eurozone crisis and ahead of release of...

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Moneylife Digital Team 30 November 2010
New Delhi: Decontrolling the urea sector by bringing it under the purview of the Nutrient Based Subsidy (NBS) policy may be a far cry as the government is more inclined to go on with the New Pricing Scheme (NPS) for the often-used fertiliser, reports PTI. “The thought process of the Department...

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Moneylife Digital Team 30 November 2010
New Delhi: Reliance Industries’ (RIL) prolific D-1 and D-3 gas fields off the east coast have seen a 15% drop in production to about 45-46 million metric standard cubic meters per day (mmscmd) because of reservoir complexities, reports PTI. The Dhirubhai-1 and 3 fields, known as D1 and D3, in...

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Moneylife Digital Team 30 November 2010
The Bimal Jalan committee’s proposal to kill the listing dreams of stock exchanges, ignites fears among big investors in the bourses and BSE brokers that billions could vanish overnight Several high-profile private and institutional investors in the national bourses could be left high and dry...

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Moneylife Digital Team 30 November 2010
While the market opened with a negative bias tracking the Asian bourses, the GDP growth numbers for the September quarter along with buying in second-rung stocks ensured a green close for the second day running. The market opened in the red, tracking its regional peers that were trading lower...

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Moneylife Digital Team 30 November 2010
State-owned contraceptives manufacturer HLL Lifecare Ltd said it plans to come up with an initial public offer (IPO) to raise funds in next nine months. Earlier known as Hindustan Latex, the company plans to invest Rs570 crore in new projects such as setting up a 'Vaccine Complex' and...

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Moneylife Digital Team 30 November 2010
DQ Entertainment (International) Ltd has signed an exclusive publishing licensing deal for 'The Jungle Book', through DQE's merchandising agents in Germany-ZDF Enterprises, with Egmont Verlagsgesellschaften GmbH. The company has also inked a non-exclusive deal with Belltex, Belgium for retailing...

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Moneylife Digital Team 30 November 2010
Venus Remedies Ltd (VRL), a research based pharmaceutical company, has received patent for its product Vancoplus from Republic of South Africa and New Zealand. Vancoplus is used to combat Methilicillin Resistant Staphylococcus Aureus (MRSA). Dr Manu Chaudhary, JMD, Venus Remedies says,...

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Moneylife Digital Team 30 November 2010
India's auto major Tata Motors Ltd has launched its mini-truck 'Ace Super City Giant' in Thailand and also disclosed plans to enter the Thai car market in the next couple of years. The company is also seeking to tap opportunities in Malaysia and Indonesia. "We would like to get into the car...

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Moneylife Digital Team 30 November 2010
Religare MF unveils 370 days fixed maturity plan; Axis MF revises exit load under Short Term Fund; Franklin Templeton MF revises exit load under Templeton Floating Rate Income Fund; Taurus MF revises exit load under MIP Advantage Fund Religare MF unveils 370 days fixed maturity plan Religare...

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Debashis Basu on where the stock market is headed 30 November 2010
Often, what you don’t see is more important The French economist Frédéric Bastiat penned an essay, ‘That Which Is Seen, and That Which Is Not Seen’. He wrote: “In the department of economy, an act, a habit, an institution, a law, gives birth not only to an effect, but to a series of effects. Of...

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Moneylife Digital Team 30 November 2010
New Delhi: The government today said it will award five big-size road projects worth Rs15,000 crore by March, 2011, reports PTI. "We would be awarding five mega road projects in the next 3-4 months," transport and highways minister Kamal Nath told reporters here. The estimated cost of each...

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Moneylife Digital Team 30 November 2010
Mumbai: The Reserve Bank of India (RBI) on Monday extended its special measures for easing the monetary supply till 28th January in view of a cash crunch due to a slew of public stake sales and brisk credit offtake during the festive season, reports PTI. The special measures, which were...

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R Balakrishnan on saving  and   investing prudently 30 November 2010
Don’t depend only on your bank if you want to shop for any financial product. Do your homework and choose a good advisor too I was at my bank for some work. At the next table, a pretty young 20-something (PYTS) was sitting tight-lipped, anxious and eager. She was from the bank. Across her...

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