INVESTOR INTEREST


Dubai has received $10 billion in financing from fellow emirate Abu Dhabi, which will be used to pay part of the debt held by Dubai World and its property unit Nakheel The government of Dubai, acting through the Supreme Fiscal Committee (SFC), on Monday said that its neighbour Abu Dhabi had...

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Bajaj Auto, once the undisputed king of two-wheelers, and the maker of a range of famous scooters—that used to carry an entire family—will exit the scooter segment, and will instead concentrate on motorcycle manufacturing. Is this move related to the increasing pressure from competition,...

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In an exclusive interview with Moneylife, Virendra Mhaiskar, CMD of IRB Infrastructure Ltd, speaks about his company’s fund-raising plans, real-estate ventures and the state of the road sector in India Amritha Pillay (ML): IRB Infrastructure is planning to raise around Rs1,200 crore....

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Swapnil Suvarna 12 December 2009
A downmove is quite probable During the week, the Indian market remained highly volatile. The Sensex managed to gain only 17 points over the entire week. It has been a frustrating wait for investors hoping for a breakout above 17,400. We may see a dip to below 16,500 before the next leg up....

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By Ravi Samalad 11 December 2009
Individuals who wish to get Limited Liability Partnership (LLP) status are having a tough time dealing with compliance issues. The LLP Act, passed in 2008, has only seen 426 registrations so far.  Although applicants can register and download their forms from the LLP portal, the required...

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By Yogesh Sapkale 11 December 2009
Professional services provider Ernst & Young (E&Y) has said that despite the current downturn, more than 60% of global businesses have no active cost reduction programs. According to an E&Y survey titled ‘Save to Prosper: from cost reduction to cost optimization’, almost 25% of the businesses...

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By Swapnil Suvarna 11 December 2009
Indian markets came under huge selling pressure after industrial production growth—though robust at 10.3%—fell below market expectation of a growth of 13%-14% for the month. The Sensex declined 70 points from the previous day’s close, ending the day at 17,119 while the Nifty closed at 5,117,...

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A fool and his money are soon parted, the saying goes. Obviously, pathetic returns come in when an ’art’ fund is managed by an Investment Banker type. And valuation is so iffy that the winding-down realisation is at huge odds with the so-called ‘declared’ asset value. What is interesting is...

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A fool and his money are soon parted, the saying goes. Obviously, pathetic returns come in when an ’art’ fund is managed by an Investment Banker type. And valuation is so iffy that the winding-down realisation is at huge odds with the so-called ‘declared’ asset value. What is interesting is...

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By Yogesh Sapkale 11 December 2009
The Organization for Economic Cooperation and Development (OECD) said it expects international mergers and acquisitions (M&As) to fall by 56% this year compared with 2008, the largest year-on-year decline since 1995, reports PTI. The estimate is based on OECD's analysis of data for...

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By Amritha Pillay 10 December 2009
Even after the end of the deadline for redemption, investors of the Osian Art Fund continue to await full redemption. Unit-holders have received another note from Osian officials stating that the remaining amount would be paid to them in two instalments.   Investors in the art fund had...

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Pallabika Ganguly  and   Ravi Samalad 10 December 2009
BNP Paribas Real Estate feels that investors should wait and watch the price trend over the next six months, however, for end-users, this is the best time to buy residential property Investors should wait for another six months before looking for opportunities in commercial real estate, as...

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Lorain Viegas 10 December 2009
CAT 2009, the qualifying test for entry into India’s best B-Schools has left thousands of students unsatisfied with their performance. Some students say they may seek legal recourse if they fail to clear the test Thousands of B-School aspirants who could not take the computer-based Common...

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Sanket Dhanorkar 10 December 2009
The Indian government has chalked up big plans to create long-term sustainable energy solutions through solar power. However, certain modalities need to be ironed out to make the ambitious plan actionable and feasible Even while the Copenhagen talks on climate change are going on in full...

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Swapnil Suvarna 10 December 2009
RBI’s positive comments on capital inflows helped Indian markets gain momentum The Sensex gained 64 points from the previous day’s close, ending the day at 17,189, while the Nifty closed at 5,135, up 23 points. Telecom stocks surged after the central bank allowed telecom firms to access...

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The discussions are being held with infrastructure development and finance major IL&FS, along with some other potential partners for sale of a minority strategic stake by RIL in Reliance Haryana SEZ With an aim to rope in a strategic partner for its Haryana special economic zone (SEZ)...

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As population growth and demographic change continue to exert pressure on India's existing urban infrastructure, the country would require a total funding of more than $1 trillion for a radical overhaul in its existing systems State Bank of India (SBI) and Macquarie Capital (Macquarie) have...

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Pallabika Ganguly 10 December 2009
Social soap operas are not working for television audiences any more. The trend is now favouring much more realistic content where viewers can relate to characters and incidents that are being telecast TV programmes have come a long way. After having experimented with comedy, social dramas...

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A few reports have said that Tata Motors is eyeing Sumitomo’s stake in Swaraj Mazda. Although Sumitomo has denied these stake sale reports, analysts say that the move by Tata Motors should be looked more as a technology takeover rather than consolidation of its market share Japan's...

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D Swarup, the man responsible for ushering in Indian pension fund reforms, has retired Pension fund regulator D Swarup, the man responsible for ushering in Indian pension fund reforms, has retired. Girish Chandra Chaturvedi, currently additional secretary of the Department of Financial...

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