INVESTOR INTEREST


Moneylife Digital Team 08 January 2011
Jindal Poly Films Ltd's subsidiary Jindal Resources (Mozambique) Limitada has participated in the tenders issued by Ministry of Mineral Resources, Government of Mozambique for auction of coal blocks for geological prospecting and exploration of coal in Mozambique. The company has been...

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Moneylife Digital Team 08 January 2011
New Delhi: Wholesale prices of onion today declined by Rs3 to Rs40 per kg in Delhi due to increased arrival from key growing states, reports PTI. “Arrival of onions are increasing from Maharashtra, Gujarat, Madhya Pradesh and Rajasthan. As a result, prices have come down by Rs3 per kg from...

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Moneylife Digital Team 08 January 2011
Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) on Friday cautioned against the “increasing incestuous relationship” that mutual fund (MF) players are developing with their rating agencies and called for maintaining an “arms-length relationship” with these...

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Moneylife Digital Team 07 January 2011
Large investors seem to have come back from the holidays in a mood to sell. The Sensex has lost 869 points in four days and may go down further by 1,000 points Although the year and the week began with the opening gap of 112 points on the Sensex, suggesting that the market will continue with...

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Moneylife Digital Team 07 January 2011
Kolkata: Reliance Retail Ltd, a wholly-owned subsidiary of Reliance Industries, has chalked out plans to open another 150 stores in all formats by March 2011, reports PTI quoting a top official. "We will open 100 to 150 stores by March," Reliance Retail president and chief executive...

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Moneylife Digital Team 07 January 2011
New Delhi: Market regulator Securities and Exchange Board of India (SEBI) has begun the process of finalising its guidelines on the way bourses are owned and do business, based on the feedback received on recommendations made by a committee set up by the regulator on this matter, reports PTI.

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Munira Dongre 07 January 2011
Oil & gas, metals, banks and auto sectors will drive earnings; cement and telecom are expected to lag behind; low base effect may be over for the Sensex from this quarter, according to a brokerage house An important factor to keep in mind when looking at the October-December 2010 quarter...

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Moneylife Digital Team 07 January 2011
Mumbai: Market regulator Securities and Exchange Board of India (SEBI) today warned investors that two Sahara Group companies have been raising funds without its approval and said it will not be able to redress any complaint in this regard, reports PTI. The regulator, in a public notice, said...

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Moneylife Digital Team 07 January 2011
Thiruvananthapuram: The National Bank for Agriculture and Rural Development (NABARD) will pay greater focus on financing through 'Joint Liability Groups' (JLGs) in Kerala as it is found more effective way of priority sector lending, reports PTI. JLGs are informal groups of even 4-10...

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Moneylife Digital Team 07 January 2011
The Indian market is likely to face a range-bound opening today as the world awaits US employment report for December, due to be released later today. Wall Street closed in negative territory overnight, weighed down by bleak retail sales numbers for December by the country’s top retailers. Asian...

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Moneylife Digital Team 06 January 2011
New Delhi: As food inflation surged to 18.32%, a top adviser in the finance ministry today agreed with home minister P Chidambaram that the government does not have all the tools to control food prices since it is an enabling body, reports PTI. "Absolutely," chief economic adviser Kaushik...

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Moneylife Digital Team 06 January 2011
The market opened with modest gains this morning, upbeat on the economic recovery across the world. However, profit-taking, along with a steep rise in the weekly food inflation numbers, kept the indices range-bound and they closed lower for a third day. The market opened up, then fell and...

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Moneylife Digital Team 06 January 2011
New Delhi: Rating agency Fitch today said the continued overcapacity in the cement sector will exert further pricing pressure on the commodity in 2011, leading to squeezed margins for the manufacturers, reports PTI. "The widening demand-supply gap is expected to affect capacity utilisation...

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Alekh Angre 06 January 2011
Broking stocks are staring at a bleak future, with a decline in revenues on account of a shift in volumes from cash to derivatives and poor penetration in retail stock investing Experts have forecast a good year for the stock market. But even as the Sensex climbs to new highs, the picture...

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Moneylife Digital Team 06 January 2011
Anil Ambani group firm Reliance Infrastructure Ltd said it will consider allotment of shares tomorrow, estimated to be worth about Rs4,000 crore, to a promoter entity. The shares will be allotted pursuant to the promoter group entity AAA Project Ventures Pvt Ltd exercising option to convert...

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Moneylife Digital Team 06 January 2011
Tata Motors Ltd launched its new multi-purpose diesel vehicle 'Venture' in Rajasthan. "We are launching the product first in Rajathan and later it will be launched in other states. The vehicle is with the footprint and manoeuvrability of a hatchback car, but the interior space of a utility...

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Moneylife Digital Team 06 January 2011
Larsen & Toubro (L&T) Ltd said its buildings & factories unit has won orders worth Rs1,181 crore during the third quarter for the construction of residential buildings, factories including a specialised support facility building. L&T has won orders worth Rs558 crore for the construction of...

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Moneylife Digital Team 06 January 2011
HDFC Life launches a new ULIP; IDFC Mutual Fund floats Fixed Maturity Plan-Yearly Series 35; ICICI Pru MF unveils 1,100 days scheme; IDBI, OBC, BOI hike retail term deposit rates HDFC Life launches a new ULIP HDFC Life has launched ProGrowth Flexi, a smart unit-linked insurance plan (ULIP)...

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Moneylife Digital Team 06 January 2011
New Delhi: In connection with the alleged Rs300-crore Citibank fraud, the Securities and Exchange Board of India (SEBI) is probing whether the stock brokers collected income proof documents from the accused, a mandatory requirement for trade in derivatives market, reports PTI. The market...

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Moneylife Digital Team 06 January 2011
New Delhi: In a bid to boost clean energy generation in the country, the government today amended the Power Tariff Policy, which mandates states to have solar energy as 3% of their total power purchases by 2022, reports PTI. "The solar power purchase obligation for states may start with 0.25%...

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