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The Exchange is likely to announce this facility in the next 10-15 days in a bid to enhance traders’ accessibility to its new platform—BSE StAR MF Shortly after launching its mutual funds (MF) transaction platform, the Bombay Stock Exchange (BSE) now plans to allow its brokers to place orders...

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The Exchange is likely to announce this facility in the next 10-15 days in a bid to enhance traders’ accessibility to its new platform—BSE StAR MF Shortly after launching its mutual funds (MF) transaction platform, the Bombay Stock Exchange (BSE) now plans to allow its brokers to place orders...

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The World Gold Council said recent moves by India and Sri Lanka to acquire gold suggested that central banks are increasingly looking at the yellow metal to diversify their investment portfolios. Gold, which has been one of the bigger investment vehicles this year, would remain so as the...

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The World Gold Council said recent moves by India and Sri Lanka to acquire gold suggested that central banks are increasingly looking at the yellow metal to diversify their investment portfolios. Gold, which has been one of the bigger investment vehicles this year, would remain so as the...

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Swapnil Suvarna 19 December 2009
The market may remain under pressure Last week, we had said that a downmove is quite probable and that may see a dip to below 16,500 before the next leg up. The Sensex ended the week at 16,720, down by 400 points. Speculation that the surge in wholesale price inflation index may add pressure...

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Amritha Pillay 18 December 2009
The total potential opportunity for domestic players in the defence segment is worth $5.10 billion. Out of this, $2.1 billion is the total worth of offsets expected. These bright prospects, however, could be delayed due to problems in JVs with overseas companies The defence sector could have...

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Swapnil Suvarna 18 December 2009
Weak global cues, along with speculation over a possible tightening of monetary policy pulled down Indian markets Speculation that the central bank would tighten monetary policy to help stem rising prices ruled the Indian markets throughout the day, in addition to weak global cues. The Sensex...

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Lorain Viegas 18 December 2009
After the fiasco, CAT will be subjected to forensic testing. However, experts believe that this move would just be another futile attempt to come out of the mess The computerised Common Admission Test (CAT) will now be subject to application of psychometric expertise and forensic testing to...

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Swapnil Suvarna 18 December 2009
Suzlon repaid the $780 million debt through the proceeds from a 35% stake sale in Belgium\'s Hansen Transmissions and a new five-year dollar-denominated loan of $465 million from SBI. Wind turbine maker Suzlon Energy has announced that the company has repaid its entire outstanding acquisition...

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Mukesh Ambani, the only Indian to feature among the top 50 CEOs, is in the same league as Steve Jobs of Apple, Yun Jong-Yong of Samsung Electronics, Russian energy firm Gazprom\\\'s Alexey Miller and John Chambers of Cisco Systems Mukesh Ambani, who heads India\\\'s most valuable company...

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By Sanket Dhanorkar  and   Ravi Samalad  and   Pratibha Kamath 18 December 2009
Tyche Industries fails to make timely disclosure of acquisition of stake in the company by another group company It looks like companies have succumbed to the habit of bending the rules dictating corporate governance practices. Moneylife has regularly pointed out cases where such companies...

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By Sanket Dhanorkar  and   Ravi Samalad  and   Pratibha Kamath 18 December 2009
Tyche Industries fails to make timely disclosure of acquisition of stake in the company by another group company It looks like companies have succumbed to the habit of bending the rules dictating corporate governance practices. Moneylife has regularly pointed out cases where such companies...

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A host of human resources (HR) experts believe that tough economic conditions globally gave a wake-up call to companies during 2009 to curb their extravagant ways in compensation structures and turned them into more thrifty and performance-conscious firms 'Vulgar' salaries became a sore thumb...

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The BSE's new initiative is aimed at mitigating the market risk of a buyer not receiving bonds after having remitted the funds or a seller not getting the payment for bonds The Bombay Stock Exchange (BSE) will introduce a secured settlement platform for the Rs1,500 crore Indian corporate debt...

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Spot prices of key raw materials—iron ore and coking coal—have strengthened during the past two months. Next year’s contracts are expected to be finalised at higher levels. Ergo, these cost dynamics will lead to higher steel prices Steel prices are set to go up from January 2010 due to...

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Although the UPA government decided to keep Western multi-brand retail chains off from the country's $450-billion retail market, nobody is complaining. The recession-battered global majors were busy securing existing operations elsewhere India's retail industry boom gave way to despair in...

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Indian five-rupee coins are being smuggled into Bangladesh to be melted down for making six razor blades, which then are sold at Rs2 a piece Five-rupee coins are being smuggled into Bangladesh from India to be melted down for making razor blades. Six razor blades can be made from a single...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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When the liquidity crunch began, some of the large NBFCs found themselves squeezed by rising defaults as well as ballooning collection costs, forcing them to scale down operations. Fullerton India Credit Co Ltd, an indirect subsidiary of Singapore-based Temasek Holdings, was among the last...

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Yogesh Sapkale  and   Sanket Dhanorkar 17 December 2009
Based on market feedback, BSE and NSE have jointly decided that the revision of market opening time to 9am will be effective from 4 January 2010 The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) on Thursday postponed the advancement of market opening time to 9am till 4...

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