INVESTOR INTEREST


The BSE's new initiative is aimed at mitigating the market risk of a buyer not receiving bonds after having remitted the funds or a seller not getting the payment for bonds The Bombay Stock Exchange (BSE) will introduce a secured settlement platform for the Rs1,500 crore Indian corporate debt...

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Spot prices of key raw materials—iron ore and coking coal—have strengthened during the past two months. Next year’s contracts are expected to be finalised at higher levels. Ergo, these cost dynamics will lead to higher steel prices Steel prices are set to go up from January 2010 due to...

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Although the UPA government decided to keep Western multi-brand retail chains off from the country's $450-billion retail market, nobody is complaining. The recession-battered global majors were busy securing existing operations elsewhere India's retail industry boom gave way to despair in...

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Indian five-rupee coins are being smuggled into Bangladesh to be melted down for making six razor blades, which then are sold at Rs2 a piece Five-rupee coins are being smuggled into Bangladesh from India to be melted down for making razor blades. Six razor blades can be made from a single...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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Yogesh Sapkale  and   Sanket Dhanorkar 17 December 2009
Based on market feedback, BSE and NSE have jointly decided that the revision of market opening time to 9am will be effective from 4 January 2010 The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday postponed the advancement of market opening time to 9am till 4...

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While the Consulate General of the Republic of Djibouti confirmed the news report, Patel Engineering, on the other hand, said that it is in an advanced stage of negotiation for this infrastructure project According to reports, Indian construction company Patel Engineering Works Ltd has won an...

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Swapnil Suvarna 17 December 2009
Dollar hits a new three-month high; Indian markets continue on their volatile trend Indian markets continued to remain in the red on weak global cues. The Sensex declined 19 points from the previous day’s close, ending the day at 16,894, while the Nifty remained flat at 5,042. During the...

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Amritha Pillay 17 December 2009
The capacity utilisation in the Indian cement industry has fallen to 80% in November 2009 from a high of nearly 100% in March 2009. Analysts believe addition of new capacities and oversupply to be the main reasons for this downward trend Addition of new capacities—coupled with oversupply—has...

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Investors, who bought gold from banks, are in a fix as leading jewellery houses are not ready to buy it and the yellow metal cannot be sold back to banks either Investors, who bought gold from banks, are in a fix as leading jewellery houses are not ready to buy it and the yellow metal cannot...

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Food price inflation hovered around a decade's high of 19.95%, triggered by a short supply of essentials due to lower farm production, following drought and floods in various parts of the country during the year Food inflation hovered around a decade's high of 19.95% as of 5th December,...

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Pallabika Ganguly 17 December 2009
The company, a unit of JM Financial (led by Nimesh Kampani), is looking to invest the fund mainly in residential projects within the next 9 to 12 months JM Financial Ltd’s real-estate investment unit, Infinite India Investment Management Pvt Ltd, is planning to invest an additional $60...

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The infrastructure company has cleared the technical qualification round for building several highway projects worth around Rs20,000 crore in the country Infrastructure player C&C Constructions Ltd said on Thursday that it has cleared the technical qualification round for building several...

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Has the BSE stolen a march over the NSE by taking the lead in extending trading hours? The NSE was planning to start trading at the earliest to catch up with the Singapore market, but the BSE has stolen its thunder It is just a matter of 10 minutes, but translates into a huge signal by the...

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Has the BSE stolen a march over the NSE by taking the lead in extending trading hours? The NSE was planning to start trading at the earliest to catch up with the Singapore market, but the BSE has stolen its thunder It is just a matter of 10 minutes, but translates into a huge signal by the...

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Sanket Dhanorkar 16 December 2009
Employees’ and officers’ bank unions went on a day’s strike on Wednesday, hampering cheque clearing processes and other operations Bank branches across the country wore a deserted look on Wednesday as the strike call by the All India Bank Employees Association (AIBEA) and All India Bank...

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A fresh test will be held in mid-January 2010 for registered students who could not take the test earlier due to technical glitches. The IIMs have decided to continue with computer-based testing in future. This year's computerised Common Admission Test (CAT), which was marred by technical...

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PepsiCo is seeking government permission to use alternative sweeteners following the steep rise in sugar prices due to scarcity of sugarcane Soft drinks and snacks producer PepsiCo India on Wednesday said that it may use stevia as an alternative sweetener if the government permits it to do...

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Swapnil Suvarna 16 December 2009
Indian markets witnessed massive volatility due to concerns over possible tightening of monetary policy by the RBI The Sensex gained 36 points from the previous day’s high, ending the day at 16,913, while the Nifty closed at 5,042, up 9 points. During the day, the prime minister’s economic...

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