INVESTOR INTEREST


Ravi Samalad 01 July 2010
SEBI has asked the four RTAs like CAMS, KARVY, Franklin Templeton and Deutsche Investor Services to club investor data together and provide a consolidated statement of account for all investments in mutual funds Have you invested in five different schemes of different fund houses and are...

Read More



Moneylife Digital Team 30 June 2010
The Sensex bounced back from 17,374. But it is too early to say whether the uptrend has resumed The domestic market, which opened lower, gained momentum as European markets opened on a strong note. The Sensex settled at 17,701; up 167 points (0.9%) and the Nifty shut at 5,312, up 56 points (1%)....

Read More



Moneylife Digital Team 30 June 2010
The market regulator has stressed the need for matching the risk profile of the investor and the risk associated with the product while selling a financial instrument In order to avoid mis-selling of investment products, market regulator Securities and Exchange Board of India's (SEBI) chairman...

Read More



Pallabika Ganguly 30 June 2010
The company’s real-estate fund plans to invest the corpus in residential projects, a sector which has been starved for funds Indiareit Fund Advisors (Pvt) Ltd has completed raising Rs100 crore through a green-shoe option for its domestic fund ‘INDIAREIT Domestic Fund Scheme IV’, on Wednesday....

Read More



Private sector lender Lakshmi Vilas Bank Ltd said its board of directors has decided to float a subsidiary company for undertaking housing finance business. “The housing finance space offers immense scope. We need focused and concerted efforts in this business in order to reap the benefits from...

Read More



The country's largest automaker, Tata Motors Ltd on Wednesday said it has entered into an agreement with private sector lender IndusInd Bank for financing its dealers. The agreement will allow dealers of Tata Motors access to finance from IndusInd Bank to meet their working capital requirements...

Read More



Alstom Projects India Ltd, a subsidiary of the France-based Alstom SA, on Wednesday said it has won an order worth Rs458 crore from state-run Bharat Heavy Electricals Ltd (BHEL) in Karnataka. The company has received Rs458-crore contract from BHEL for supply of boiler components in Karnataka...

Read More



Engineering and construction company Larsen and Toubro Ltd (L&T) on Wednesday said it won two orders worth Rs1383 crore from domestic and international markets. The Electrical and Gulf Projects Operating Co, a part of L&T's construction division, has secured orders worth Rs1,015 crore from...

Read More



Nakoda Ltd , a maker of fully drawn yarn said it bought a polyester plant located at Kyunghan in South Korea with an total capital investment of $40 million. “This acquisition marks our entry into new geographies. We plan to work collectively to close similar deals in future to expand our...

Read More



Moneylife Digital Team 30 June 2010
The Baltic Dry Index is sharply down. This has little to do with overall shipping trends, but is due to a sharp slump in Chinese imports on which global shipping depends The Baltic Dry Index (BDI) has fallen from 4,074 points in the beginning of June 2010 to 2,482 points on Monday, 28 June...

Read More



But if you need more bang for your buck, it makes more sense to shell out a little more and go in for a new car A second-hand Mercedes-Benz, not over six years old, with a six-month manufacturer’s warranty added on. That’s the deal that Mercedes-Benz India is offering, at indicative prices...

Read More



Moneylife Digital Team 29 June 2010
The changes may have been cosmetic and won’t rock the boat of insurance companies The Insurance Regulatory and Development Authority (IRDA) introduced sweeping changes in Unit-linked Insurance Plans (ULIPs) yesterday. Among the measures are-a five year lock-in, even-out commission over the...

Read More



Insurers are gearing up for a number of changes in the way they sell ULIPs after the new norms passed by the insurance regulator While the Insurance Regulatory and Development Authority's (IRDA) new norms for Unit-linked Insurance Plans (ULIPs) are good for consumers, private insurers are...

Read More



Insurers are gearing up for a number of changes in the way they sell ULIPs after the new norms passed by the insurance regulator While the Insurance Regulatory and Development Authority's (IRDA) new norms for Unit-linked Insurance Plans (ULIPs) are good for consumers, private insurers are...

Read More



Moneylife Digital Team 29 June 2010
After hitting a monthly low last week, Concurrent shares are hitting upper circuits—now backed by dubious information and inspired recommendations in blogs. The regulators have still not reacted Shares of Concurrent (India) Infrastructure Ltd hit the upper-circuit limit for the third day in a...

Read More



Sanket Dhanorkar 29 June 2010
How will banks and the corporate sector deal with the new rate structure and will it lead to a fairer regime? With the base rate methodology of loan pricing set to kick in from 1st July, banks and companies alike will be gearing up for the paradigm shift it will usher into the Indian banking...

Read More



Moneylife Digital Team 29 June 2010
We had suggested yesterday that a reversal can hit anytime. But is this the start of a new leg down? We will know in a few days. Meanwhile, watch 17,400 The market pared all gains accrued in Monday's trading session to close lower today on weak global cues. The Sensex ended at 17,534, down...

Read More



Moneylife Digital Team 29 June 2010
The company says that the price hike has been necessitated to partially recover the increase in the price of raw material like steel, tyres and castings Hinduja Group flagship company Ashok Leyland (ALL) today announced a price hike of its entire range of commercial vehicles by up to Rs50,000...

Read More



Moneylife Digital Team 29 June 2010
Pantaloon Retail (India) Ltd on Tuesday said it has allotted one crore warrants to its promoters' group company, Future Ideas Realtors India Ltd. The company's committee of directors has allotted 1 crore warrants at Rs400 per share, aggregating to Rs400 crore to Future Ideas Realtors India,...

Read More



Moneylife Digital Team 29 June 2010
Hyderabad-based Natco Pharma Ltd said it launched the generic version of Anastrazole 1 mg tablets in the US through the company’s marketing partners. Anastrazole is used in the treatment of breast cancers and the market for this product in the US is expected to be in the region of $750 million...

Read More

Free Helpline
Legal Credit
Feedback