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Cement suppliers from the western and southern regions of the country have been witnessing a rise in cement prices over the past month. However, analysts believe that the price rise could be short-lived as the main reason for the rise is the temporary supply problem and the peak demand...

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The Reserve Bank of India (RBI) has said that use of mobile commerce (m-commerce) must be made easy for the common man and it should be facilitated carefully—and well-measured—keeping in mind the concerns over money laundering, financial terrorism and the stability of the payment and settlement...

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Most people are not aware of the right questions to ask when they are offered a slew of investment products and therefore fall prey to get-rich-quick schemes and fly-by-night operators, said RBI deputy governor  Usha Thorat, in a Moneylife event. For the Reserve Bank of India, the country’s...

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Most people are not aware of the right questions to ask when they are offered a slew of investment products and therefore fall prey to get-rich-quick schemes and fly-by-night operators, said RBI deputy governor  Usha Thorat, in a Moneylife event. For the Reserve Bank of India, the country’s...

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The partnership between UBL and Heineken is expected to drive growth in India, which is considered as one of the world's fastest-growing beer markets United Breweries Holdings Ltd (UBHL) has said that its unit United Breweries Ltd (UBL) has signed a shareholding as well as distribution...

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The partnership between UBL and Heineken is expected to drive growth in India, which is considered as one of the world's fastest-growing beer markets United Breweries Holdings Ltd (UBHL) has said that its unit United Breweries Ltd (UBL) has signed a shareholding as well as distribution...

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Rise in global markets fails to cheer bourses as weak trends continue in local indices Indian markets remained weak as the Sensex declined 118 points from Friday’s (4 December 2009) close, ending the day at 16,983, while the Nifty declined 42 points to close at 5,067. During the day,...

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In a move to increase retail penetration, the BSE is coming out with a mobile trading platform as well as websites in various regional languages The Stock Exchange Mumbai (BSE), India’s oldest stock exchange, is planning to launch a trading platform where investors will be able to execute...

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Indian markets started the week on a positive note due to strong Indian economic expansion in the September quarter. The Sensex gained 470 points over the week. While we would not be surprised if the market continues to rally, we think its time to be cautious. On Monday 30 November 2009 the...

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In the coming days, both fiscal and monetary accommodative policies may have to be withdrawn gradually amid high fiscal deficit and rising inflation, particularly food inflation The Reserve Bank of India (RBI) may start sucking out money from the system to combat inflation, but this depends...

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SEBI's board meeting would ensure that with three whole-time members reporting to the chairman or the finance ministry and outside directors who are subject to their regulation, the NSDL issue will be buried Market regulator Securities and Exchange Board of India (SEBI) has called a meeting...

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The Royal Western India Turf Club (RWITC) is now mired in another controversy. It has terminated its contract with ‘Gallops’, a restaurant run by the BJR Group. BJR had stopped paying the agreed annual lease amount of Rs3.25 crore to RWITC from 1 July 2009; it has also dragged RWITC to the Bombay...

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Price of standard gold declined by Rs280 to Rs18,270 per 10gm as stockists reduced their holdings in tandem with a weakening global trend. Falling retail demand added to the price pressure Gold prices fell by Rs 280 to Rs 18,270 per 10gm in the bullion market on Friday due to widespread...

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Price of standard gold declined by Rs280 to Rs18,270 per 10gm as stockists reduced their holdings in tandem with a weakening global trend. Falling retail demand added to the price pressure Gold prices fell by Rs 280 to Rs 18,270 per 10gm in the bullion market on Friday due to widespread...

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The UP government would now have to invite objections from farmers, who have the option of either returning the money to reclaim their land or forfeiting any claim The Allahabad High Court on Friday quashed the Uttar Pradesh government\'s notification for use of emergency powers to acquire...

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The UP government would now have to invite objections from farmers, who have the option of either returning the money to reclaim their land or forfeiting any claim The Allahabad High Court on Friday quashed the Uttar Pradesh government\'s notification for use of emergency powers to acquire...

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Osian claims this part payment is about 90% of the invested capital. Investors, however, are still in confusion over the final NAV The long wait for some Osian Art Fund investors seems to have finally ended. However, investors have received only part payment of the redemption amount, while...

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Osian claims this part payment is about 90% of the invested capital. Investors, however, are still in confusion over the final NAV The long wait for some Osian Art Fund investors seems to have finally ended. However, investors have received only part payment of the redemption amount, while...

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Sanket Dhanorkar 04 December 2009
The Bombay Stock Exchange today launched its mutual fund trading platform, ‘BSE StAR MF’, but there is no clarity yet on the cost structure Following closely on the heels of its rival, the National Stock Exchange (NSE), the BSE has inaugurated ‘BSE StAR MF’, its independent mutual-fund...

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Sanket Dhanorkar 04 December 2009
The Bombay Stock Exchange today launched its mutual fund trading platform, ‘BSE StAR MF’, but there is no clarity yet on the cost structure Following closely on the heels of its rival, the National Stock Exchange (NSE), the BSE has inaugurated ‘BSE StAR MF’, its independent mutual-fund...

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