INVESTOR INTEREST


As part of its diversification plan, the company is planning to set up a fungicide plant in Maharashtra State-run Hindustan Insecticides Ltd (HIL) is planning to set up a greenfield plant worth Rs20 crore to produce mancozeb (a fungicide) in Maharashtra as part of its diversification plan,...

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Ravi Samalad 31 December 2009
The de-listed company held its EGM to decide the buyback price, as per the Karnataka High Court order Karnataka-based Bhoruka group company Bhuruka Gases Ltd (BGL) has said that it has received shareholders’ approval to buy back its shares at Rs41 per share. However, the final share purchase...

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Amritha Pillay 31 December 2009
While the growing economy is expected to drive rail freight volume growth, rail haulage rates continue to remain a serious concern Rake capacity in the Indian rail freight industry is bound to grow from the present 300 rakes to 500 rakes by 2013. According to industry experts, looking at the...

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R Balakrishnan on saving  and   investing prudently 31 December 2009
At last, an insurance product that is cheap, well-structured and can be bought off the Internet Aegon Religare has launched a pure term policy called ‘iTerm Plan’ which offers you a facility to get insured directly—without an agent. I entered some data and noticed that the annual premium for...

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Attributing the decline in tourism to the global financial slowdown, terror threats and swine flu scare, the tourism minister hopes that some of the measures including the visa-on-arrival scheme and the Commonwealth Games would bring good results in 2010 Terror threats, swine flu scare and...

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The year 2010, however, holds promise, as corporates will take advantage of the new opportunities, the improving liquidity situation worldwide and the fact that the United States and Europe may witness further consolidation next year. The global economic slowdown forced corporate India to...

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Pallabika Ganguly 30 December 2009
The real-estate segment is cushioned with funds from investors and banks. Ergo, players may not reduce prices in the near future Real-estate developers are not ready to lower the prices of their properties for end-users as they are cushioned with funds from banks and investors. The...

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Brokers say they will not boycott trading even if the bourses go ahead with their decision to start trading at 9am from 4th January, as announced earlier this month. Stock brokers on Wednesday asked both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) to maintain the...

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Subrato Das 30 December 2009
Sensex sheds 57 points to close at 17,344, while the Nifty falls 17 points to 5,169 Stock prices fell marginally on Wednesday, ending a four-day rise that had lifted them to their highest level in 19 months. The BSE Sensex lost  57 points to close at 17,344 while the NSE Nifty ended at 5,169...

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Yogesh Sapkale  and   Amritha Pillay 30 December 2009
Airtel DTH is all set to replace WorldSpace services from its platform with 10 radio channels of All India Radio Indian subscribers to WorldSpace radio services are praying for a miracle so that it can continue to broadcast signals beyond 31st December. However, there is a thin line of hope...

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There are scams, wrong products and incorrect advice galore to induce the gullible customer to choose foolishly. So how can you cut through all the hype and ensure that your money is not spirited away? Moneylife Team explores Everyday, financial services companies are bombarding you with...

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Ravi Samalad 30 December 2009
Banks are lending idle cash for higher returns to companies for advance tax payments which has sucked up about Rs40,000 crore to Rs45,000 crore from the system Bank credit to Small and Medium Enterprises (SMEs) is likely to get costlier as lenders are shying away from lending to this sector...

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Osian Art Fund fetched poor returns for investors and bad publicity for Osian and drove a hard lesson about speculation and ‘wealth management services’ We have always been sceptical about fancy investment ideas, especially involving products that are illiquid, sold after a prolonged rally...

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The Internet search giant has called for an Android press gathering on 5th January. Will it exhibit 'Nexus One', Google's much talked about mobile handset on that day? Internet search giant Google has sent out an invite for a press conference on 5th January. Google is not saying much about...

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Pratibha Kamath  and   Subrata Das 29 December 2009
Sales and profits of textile companies are running at a record high, even though stock prices are down. The markets seem to have missed this phenomenon Textile stocks are not among the hottest shares. The sector is considered to be down in the dumps, especially since exports collapsed in...

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Pratibha Kamath  and   Subrata Das 29 December 2009
Sales and profits of textile companies are running at a record high, even though stock prices are down. The markets seem to have missed this phenomenon Textile stocks are not among the hottest shares. The sector is considered to be down in the dumps, especially since exports collapsed in...

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The Justice Wadhwa committee, set up by market regulator SEBI to investigate irregularities in IPOs floated during 2003-2005, has suggested the possibility of recovering the amounts and distributing it among the deprived applicants Scamsters gained Rs 95.69 crore by rigging initial public...

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The Justice Wadhwa committee, set up by market regulator SEBI to investigate irregularities in IPOs floated during 2003-2005, has suggested the possibility of recovering the amounts and distributing it among the deprived applicants Scamsters gained Rs 95.69 crore by rigging initial public...

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The Justice Wadhwa committee, set up by market regulator SEBI to investigate irregularities in IPOs floated during 2003-2005, has suggested the possibility of recovering the amounts and distributing it among the deprived applicants Scamsters gained Rs 95.69 crore by rigging initial public...

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Despite inflationary pressure, there will be no increase in the interest rate on loans in the next six months because of surplus liquidity in the market and rising deposits The country's largest lender, State Bank of India (SBI), has said that there will be no hike in lending rates in the...

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