INVESTOR INTEREST


Remember something called Indonext? Even hardcore market players would take a few minutes to recall this market segment created as a separate platform in the Bombay Stock Exchange in 2005 for small and medium enterprises (SMEs) under a diktat from the then finance minister P Chidambaram. That...

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Iran is believed to be ready to offer a 40% stake in a giant gas field in the Persian Gulf to India's ONGC Videsh Ltd (OVL) and non-resident Indian (NRI) business conglomerate of the Hindujas. On the second day of talks the two held with a delegation led by Iran's deputy oil minister and...

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The Indian government on Tuesday said three companies of the Anil Dhirubhai Ambani (ADA) group—Reliance Infrastructure Ltd (RInfra), Reliance Natural Resources Ltd (RNRL) and Reliance Communications Ltd (RCom)—have violated overseas debt norms, reports PTI. While the matter pertaining to RInfra...

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GMR group company GMR Energy Ltd on Tuesday said it would invest Rs18,000 crore over the next three years to increase its electricity generation capacity to around 3,300MW from a little over 800MW now, reports PTI. "These projects would be funded in a debt-equity ratio of 75:25. For the equity...

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UTV Software Communications Ltd said its unit, UTV Motion Pictures, has signed a series of non-exclusive television rights syndication deals worth Rs95 crore with some TV channels. The deals cover the entire portfolio of UTV Motion Pictures’ 2008 and 2009 productions, from ‘Oye Lucky! Lucky...

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Cost to investor under the new proposed route could reach up to eight times the expenses under current model While SEBI’s move to allow brokers to deal in mutual fund products was meant to serve investor interests, it looks more likely that investors may end up shelling out more than they...

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Computer glitches resulting from viruses continued to disrupt the Common Admission Test (CAT) 2009 for the third consecutive day on Monday amid indications that the exam could be extended beyond the 7th December deadline.  According to media reports, two viruses namely 'Conficker' and 'Nimda'...

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Sanket Dhanorkar 01 December 2009
Activities in the Indian IPO space have a fair share of greedy promoters and underhand dealings. Issues continue to be priced irrationally, partly because of a misplaced perception of future performance and investor interest, and partly to feed the egos of power-hungry promoters. Adding to this,...

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Sanket Dhanorkar 01 December 2009
Activities in the Indian IPO space have a fair share of greedy promoters and underhand dealings. Issues continue to be priced irrationally, partly because of a misplaced perception of future performance and investor interest, and partly to feed the egos of power-hungry promoters. Adding to this,...

Read More



Sanket Dhanorkar 01 December 2009
Activities in the Indian IPO space have a fair share of greedy promoters and underhand dealings. Issues continue to be priced irrationally, partly because of a misplaced perception of future performance and investor interest, and partly to feed the egos of power-hungry promoters. Adding to this,...

Read More



Mobile handsets with fake or no International Mobile Equipment Identity (IMEI) numbers, mostly imported illegally from China (called as Chinese mobiles), are scheduled to go offline from Monday midnight. Following concerns from security agencies, the Department of Telecom (DoT) has asked mobile...

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After two disastrous days of technical problems and pathetic coordination between the country's prestigious management schools, the Common Admission Test (CAT) 2009 finally had a smooth run on Monday, which is the third day of the staggered model that has been adopted. CAT, which determines...

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Think whether you really need that life cover. Certainly not for investment, because almost all other options give you higher returns than an insurance product You probably need a pure life insurance policy. But what is being sold today under the guise of insurance is not insurance but...

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Goyal Financials India flouts SEBI takeover norms by selling stake internally; the company has failed to submit notices and annual reports to members since 2005 The management of a little-known company, Goyal Financials India Ltd, apparently changed hands in 2008, with promoter and previous...

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Goyal Financials India flouts SEBI takeover norms by selling stake internally; the company has failed to submit notices and annual reports to members since 2005 The management of a little-known company, Goyal Financials India Ltd, apparently changed hands in 2008, with promoter and previous...

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Cable TV bills across the country, except for some select areas from Mumbai, Delhi and Kolkata and entire Chennai, are set to go up from January next year. Telecom and broadcasting regulator, Telecom Regulatory Authority of India (TRAI), has asked all broadcasters, aggregators (the authorised...

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Following tough competition from China and South Korea as well as lack of incentives, many Indian textile exporters are unwinding their positions from traditional markets like the US and the EU. These exporters are now focussing on markets like Japan, the Latin American countries, New Zealand...

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Countries look to park their funds in the yellow metal due to a falling US dollar and diminishing yields from government securities The month of December 2009 is expected to be very exciting for gold lovers, bullion dealers, speculators and central banks as the International Monetary Fund...

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With distributors still trying to come to terms with the new regulations banning entry load in mutual fund schemes, fund houses are feeling the heat, as distributors have lost incentive to push their products. This has meant a 60% drop in mobilisation by mutual funds. Amidst all this, one of...

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Allowing trading in mutual funds through exchanges will benefit brokers as they can charge commissions from both buyers and sellers; but it may put small distributors out of business Online trading of mutual fund (MF) units, which is expected to be implemented by January 2010, is likely to...

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