INVESTOR INTEREST


Moneylife Digital Team 25 August 2010
New Delhi: The government may give Rashtriya Chemicals and Fertilizers (RCF) natural gas from Oil and Natural Gas Corporation’s (ONGC) western offshore C-Series fields in place of cheaper KG-D6 gas it currently gets from Reliance Industries (RIL). RCF currently buys 0.95 million standard...

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Moneylife Digital Team 25 August 2010
Mumbai: The country's oldest foreign bank HSBC India has said it will go slow on retail and credit cards businesses as it wants to focus on global banking, investment banking, wealth management, insurance and mortgages as the key growth drivers in the country, reports PTI. "We will not chase...

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Moneylife Digital Team 25 August 2010
The stock closed 68% up. Is there more to the stock’s phenomenal debut? Mumbai-based stainless steel product manufacturer Prakash Steelage Ltd (PSL) made a powerful debut today, with the stock surging 90% over its listing price at one point in the day. More significantly, the stock's traded...

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Moneylife Digital Team 25 August 2010
The stock closed 68% up. Is there more to the stock’s phenomenal debut? Mumbai-based stainless steel product manufacturer Prakash Steelage Ltd (PSL) made a powerful debut today, with the stock surging 90% over its listing price at one point in the day. More significantly, the stock's traded...

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Moneylife Digital Team 25 August 2010
Mumbai: The country's largest lender State Bank of India (SBI) says it does not plan any hike in its lending and deposit rates in the near-term as the liquidity situation is evolving in the right direction, reports PTI. "Till September, there will be no increase in our deposit rates," SBI...

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Moneylife Digital Team 25 August 2010
The move will escalate compliance burden on AMCs who see no value addition to investors Market regulator Securities and Exchange Board of India's (SEBI) intention to mandatorily list all mutual fund schemes has received widespread flak from the industry. According to industry players speaking...

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Moneylife Digital Team 25 August 2010
The market opened lower, tracking weak global cues. The dampener came in the form of the lower-than-expected US existing home sales data, which was down a huge 27% in July. The development dragged down markets across the globe and India was not spared. The benchmarks witnessed range-bound...

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Moneylife Digital Team 25 August 2010
Bodal Chemicals Ltd, manufacturer and seller of dye and dye intermediates, said it has launched 'Bodactive', a unique brand of reactive dyes, for textile industries. The Bodactive is a range of reactive dyestuffs, which includes Bodactive BNC Series, BNC Special Series, BNC-HE Series, BHE+...

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Moneylife Digital Team 25 August 2010
Asia's major IT trainer, NIIT said, it has launched GNIIT program for engineers in Hyderabad. GNIIT for engineers is aimed at enhancing employability of engineering graduates by bridging the skill gap. The program offers global technology certification curriculum to ensure best career...

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Moneylife Digital Team 25 August 2010
RHC Finance Pvt Ltd, along with RHC Holding Pvt Ltd, proposes to acquire 2.8 crore shares of Religare Enterprises Ltd, representing 21.7% of the current share capital (20% of the diluted share capital) of the target company. The shares will be bought at a price of Rs457 apiece. There are no...

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Moneylife Digital Team 25 August 2010
Info Edge (India) Ltd, provider of online classifieds, said it plans to invest upto Rs4.7 crore in DC Foodiebay Online Services Pvt Ltd, an online food guide and restaurant directory business. Info Edge (India) had recently approved the issue of bonus shares in the ratio of 1:1 to the...

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Moneylife Digital Team 25 August 2010
Construction and engineering, Atlanta Ltd in consortium has received an order worth Rs54.7 crore from the chief engineer office, National Highways, Orissa. The scope of the work includes widening and strengthening of existing intermediate lane to two lane carriage of National Highway 224.

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Moneylife Digital Team 25 August 2010
Chennai-based EdServ Softsystems Ltd said it has signed a Global e-Training Partnership with Ottawa, Canada headquartered Corel Corporation. Under the partnership, students of EdServ will be eligible to appear for an online test and receive direct Corel Certification. EdServ shall also...

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Moneylife Digital Team 25 August 2010
Global IT service provider, HCL Technologies Ltd (HCL), said it has become a member of Texas Instruments Elite (TI Design House Program), a group offering system-level design services. The company will leverage this partnership in building product components and solution accelerators for...

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Moneylife Digital Team 25 August 2010
Deutsche MF launches DWS Fixed Term Fund-Series 74; HDFC Mutual Fund launches new fixed term fund; Benchmark MF to transact Liquid BeES through online mutual fund facility; Principal MF discontinues online subscription plan under Principal Cash Management Fund-Liquid Option; Pramerica MF files...

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Moneylife Digital Team 25 August 2010
New Delhi: The mines ministry today said it is finalising plans to make it mandatory for companies to share 26% of profit from their mining projects with the displaced, even as the industry is opposed to the move, reports PTI. "Some industries had opposed the scheme ... But we are working on...

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CFL’s stock has provided 15% return on equity but it has remained a steady performer Among the low-priced stocks with a good growth momentum is Cosmo Films (CFL) which manufactures BOPP (bi-axially oriented polypropylene) films, used for flexible packaging, lamination and for other industrial...

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JVL Agro has shot up to Rs293 from Rs65 when we had written about it in February 2009. More gains can come We recommended JVL Agro when the stock was around Rs68 (Moneylife, 12 February 2009). The stock is at Rs293 now. JVL, earlier known as Jhunjhunwala Vanaspati, started its factory at...

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Aries Agro is recording excellent growth Aries Agro (AAL) manufactures and markets micronutrients. The company introduced chelation technology  in India for the manufacture of micronutrients, in which it is the market leader. Headquartered in Mumbai, the company has seven manufacturing units in...

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Auto component manufacturer Hi-Tech Gears is growing at an enormous pace Auto companies are doing well and, with them, auto- component manufacturers. Hi-Tech Gears (HGL) manufactures precision forging, two-wheeler transmission components, shafts and engine & transmission components. HGL started...

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