INVESTOR INTEREST


Moneylife Digital Team 30 September 2010
DSP BlackRock MF extends NFO closure period for DSP BlackRock FMP-3M-Series 21; Max Bupa launches Family First Health Insurance Plan to provide cover to extended families; HDFC Mutual Fund unveils HDFC FMP 100D September 2010 (4); Toyota Kirloskar Motor raises prices of three models DSP...

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Moneylife Digital Team 30 September 2010
New Delhi: The Supreme Court today set aside a Gujarat High Court order that prohibited banks from transferring debts, including non-performing assets (NPAs), to one another, reports PTI. A three-judge bench headed by Chief Justice S H Kapadia held that the transfer of debts between banks is...

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Munira Dongre 30 September 2010
It is going to take longer than most analysts estimated for Satyam to say ‘all is well’, specifically, at least 18 months After hitting a 52-week low of Rs78.55 on 31st August, Satyam's share price rose up to Rs114 on 23rd September on hopes of a speedy merger and good results. However,...

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Moneylife Digital Team 30 September 2010
It’s a pity that investors are withdrawing money from mutual funds. Most new funds launched in the past year have outperformed their benchmarks The stock markets have see-sawed intermittently in the past year, even as the mutual fund industry has faced its toughest battle for survival against...

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Moneylife Digital Team 30 September 2010
We look at some crucial details regarding mutual fund investments, why insurance should not be considered an investment and why investors tend to make mistakes Common misconceptions about mutual funds Most investors prefer to invest in mutual funds (MFs) rather than trying their hand at...

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Debashis Basu  and   Sanket Dhanorkar 30 September 2010
The stock market may be poised for a significant correction. Keep your powder dry. Look to buy these stocks at lower prices Indian stock markets have remained stuck in a narrow range for some time now, as if undecided on the correct direction in which to move. While the economy as a whole is...

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Moneylife Digital Team 30 September 2010
Mumbai: The country's largest lender State Bank of India (SBI) today said it will raise deposit rates by 25 to 75 basis points from Friday, but the bank has kept minimum rate of interest on loans unchanged at 7.5%, reports PTI. "The bank revises upwards the deposit rates by 25-75 bps in various...

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Stories of stock price manipulation 30 September 2010
Veritas India (Rs351) Mumbai-based Veritas India is engaged in imports, trading & distribution of chemicals, generation of wind power and metals & machinery. The phenomenal 3227% rise in the stock price from 7 September 2009 to 8 September 2010 does not reflect its inconsistent...

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Moneylife Digital Team 30 September 2010
The domestic market is likely to open on a cautious note today on tepid global cues. The expiry of the September futures and options (F&O) contract will induce some volatility. This apart, the government is set to announce the weekly food and fuel inflation numbers today. Across the globe, Wall...

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Moneylife Digital Team 29 September 2010
The company is a relatively new entrant in the railway wagon refurbishment business and could face intense competition from more well-established players. Dependence on Tata Motors presents a client concentration risk for its commercial vehicle business Issue Details Number of shares: 12.24...

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Moneylife Digital Team 29 September 2010
Its ‘Fundamental Strategy Index Portfolio’ claims to offer superior returns based on Nomura’s proprietary quantitative model. To hard-sell the product to customers, it is showing astronomical back-tested performance When the market is extremely bullish, you can trust the self-serving portfolio...

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Moneylife Digital Team 29 September 2010
Hyderabad: Mahindra Satyam (formerly Satyam Computer Services) today reported a consolidated loss of Rs124.60 crore for the year ended March 2010. The company's net sales stood at Rs5,481 crore for the same period, Mahindra Satyam said. This is the first audited financial results from the...

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Moneylife Digital Team 29 September 2010
New Delhi: State Bank of India (SBI), the country's largest lender, today said it would soon take a call on raising deposit rates, a move in line with the Reserve Bank of India's (RBI) observation that lenders should attract depositors as they have various other options to park money, reports...

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Moneylife Digital Team 29 September 2010
Mumbai: The pace of growth in bank deposits and credit showed a substantial decline in the last quarter of 2009-10, as compared to the same quarter of the previous year, reports PTI. According to the Reserve Bank of India (RBI) data, although deposits of scheduled commercial banks (SCBs) in the...

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Moneylife Digital Team 29 September 2010
New Delhi: The Insurance Regulatory and Development Authority (IRDA) has asked the general insurers to stop giving credit default insurance, a cover which is provided to banks against payment default by borrowers, reports PTI. IRDA has ordered "all general insurers to stop selling these...

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Moneylife Digital Team 29 September 2010
New Delhi: Microfinance institutions (MFIs) in the country may be subject to stricter regulations considering the "socio-political sensitivity" involved in rural lending activities, reports PTI quoting a brokerage house report. At a time when the government is looking at ways to increase rural...

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Moneylife Digital Team 29 September 2010
New Delhi: Growth of core infrastructure industries slowed to 3.7% in August, as compared to 6.4% in the same month last year, reports PTI quoting data released by the government. Expansion of the six core industries - crude oil, petroleum refinery products, coal, electricity, cement and...

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Moneylife Digital Team 29 September 2010
New Delhi: A day after the Madras High Court ordered closure of its copper smelter plant in Tuticorin for non compliance of environment norms, Sterlite Industries today said it deploys ecologically advanced technology and is awaiting full text of the order to decide on future course, reports...

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Moneylife Digital Team 29 September 2010
IndiaFirst Life Insurance, a joint venture between state-run Bank of Baroda (BoB), Andhra Bank and UK-based Legal & General, said the three partners have infused additional Rs125 crore in the company. With the Rs125 crore infusions, the total paid up capital of the insurer now stands at Rs...

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Moneylife Digital Team 29 September 2010
Power transmission and distribution company Areva T&D India Ltd said it won a contract, worth about Rs150 crore, from Indiabulls for supplying generator transformers. Areva T&D will supply generator transformers to Indiabulls for its upcoming power projects at Nandgaonpeth near Amravati...

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