INVESTOR INTEREST


Devarajan Mahadevan  and   Pratibha Kamath 15 November 2010
Recent media reports suggest that the market regulator has ‘enhanced its surveillance’ for possible violations of rules prohibiting insider trading. However, despite the repeated instances of price manipulation and insider trading that we have constantly been trying to highlight, SEBI has chosen...

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Moneylife Digital Team 15 November 2010
Going ahead, slow demand in the EU on account of the ongoing debt concerns and the proposed mop-up of Rs7,000 crore through securities have sounded a note of caution Tata Steel on Friday reported a net profit of Rs1,978.81 crore in the second quarter of the current fiscal, as compared to a loss...

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Moneylife Digital Team 15 November 2010
ICICI Pru MF floats Regular Savings Fund; IDFC Mutual Fund introduces Savings Scheme-Series II; Jindal Power may launch IPO in 6 months; RPP Infra Projects IPO opens 18th November Shriram City enters home finance; MTNL launches ISD call facility at Re1; Indiabulls Securities launches "Tradelite"

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Moneylife Digital Team 15 November 2010
New Delhi: Tight liquidity conditions combined with loan growth could push interest rates skyward in the coming days, reports PTI quoting State Bank of India (SBI) chairman O P Bhatt. "Interest rates have a slightly upward bias... (due to) liquidity combined with some more credit offtake, which...

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Insider trading in the US may have taken place in 41% of the takeovers. However, the prohibition of insider trading has become quite common. Of the world’s 103 markets 87 have laws against insider trading, but like the US many are ineffective In the United States the concept of insider trading...

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Moneylife Digital Team 15 November 2010
Mumbai: Gold imports went up by 65% to 43 tonnes during October over the corresponding month last year following rise in festive demand due to good monsoon despite the ruling high prices, reports PTI. Imports during October 2009 stood at 26 tonnes, according to data given by the Bombay...

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Moneylife Digital Team 15 November 2010
The Indian market is likely to witness a flat-to-positive opening on the back of mixed global cues. Wall Street ended sharply lower on Friday as the Group of Twenty (G-20) meeting failed to come up with any constructive understanding at the end of two-day meeting over the weekend. Markets in...

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Moneylife Digital Team 13 November 2010
The aftermath of the festive season proved costly for investors as global cues, weak domestic industrial growth numbers for September and mixed earnings reports trashed the indices this week. Pullout by foreign institutional investors also weighed on the markets. The markets opened higher on...

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Moneylife Digital Team 12 November 2010
New Delhi: The mines ministry today said it is ready with the final draft of the new Mines Bill and a Group of Ministers (GoM) will meet soon to review the proposed law amid protests by the industry over provisions mandating 26% profit-sharing with project-affected persons, reports PTI. The...

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Moneylife Digital Team 12 November 2010
New Delhi: State-owned lenders Dena Bank and UCO Bank have signed a memorandum of understanding (MoU) with the Unique Identification Authority of India (UIDAI) to act as registrars for the 'Aadhaar' biometric smartcard project, reports PTI. Both banks will act as registrars for providing Unique...

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Moneylife Digital Team 12 November 2010
Kolkata: Demanding level-playing-field, state-run power equipment major BHEL, which is facing uneven competition from cheap equipment supplies from China, today said that Chinese firms should set manufacturing bases in India, reports PTI. "Since duty on capital goods equipment for power sector...

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Moneylife Digital Team 12 November 2010
The downturn continued today right from the opening bell and dismal industrial growth and global cues added to the woes, pulling the market down further by around 2% by the close of trade. The market started on a weak note on unsupportive global cues. A recovery attempt in the morning session...

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Moneylife Digital Team 12 November 2010
State-run MMTC Ltd said its net profit for the September quarter fell 16.2% to Rs40.7 crore from Rs48.9 crore a year ago, despite robust revenues. During the quarter to end-September its total revenues grew 78.2% to Rs1685.5 crore from Rs945.6 crore. The decline in net profit was mainly due...

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Moneylife Digital Team 12 November 2010
Apollo Tyres Ltd said its net profit in the second quarter fell 58.8% to Rs53.3 crore from Rs129.2 crore last year, due to high input costs, especially that of rubber prices hurting margins. "It's been a very difficult six months managing the unprecedented rise in natural rubber prices. Even...

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Moneylife Digital Team 12 November 2010
Lanco Infratech Ltd has reported a 42.5% fall in its second quarter net profit to Rs70.5 crore from Rs122.6 crore despite earning higher revenues. However, the company's total revenues increased to Rs2,114.2 crore during the September quarter  from Rs1,943.3 crore same period last fiscal,...

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Moneylife Digital Team 12 November 2010
Pharma company Cipla Ltd said its net profit for the September quarter declined 4.6% to Rs263 crore from Rs275.74 crore last year due to higher overheads at its special economic zone (SEZ) at Indore. During the September 2010 quarter, its total revenues increased to Rs1,632 crore from...

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Moneylife Digital Team 12 November 2010
Parsvnath Developers Ltd said it has brought 38 acres of land worth Rs1,651.5 crore from the railways in Delhi through competitive bidding. The developer will invest additional Rs1000 crore in developing the plot. The company said it will develop luxury housing, commercial space and other...

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Moneylife Digital Team 12 November 2010
Mumbai: The country's largest lender State Bank of India (SBI) today said teaser rate home loans are the "best product and the most sought-after" in the market today, a comment that comes on the heels of RBI expressing concerns over such offerings, reports PTI. "This is the best home loan...

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Moneylife Digital Team 12 November 2010
JPMorgan MF unveils JPMorgan India Capital Protection Oriented Fund; Pramerica MF to float two schemes; Sundaram MF declares dividend under Sundaram Select Mid Cap Fund; Principal MF files offer document with SEBI to launch Principal Pnb Fixed Maturity Plan-91 Days-Series XXVIII JPMorgan MF...

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Moneylife Digital Team 12 November 2010
Speedy resolution of the cases pending with US regulatory authorities, maximising synergies with its parent Daiichi Sankyo and improving geographical market spread will be the key growth drivers for the pharmaceutical major Driven by a surge in sales in the US market, Ranbaxy, the country's...

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