LATEST


Chemicals companies don’t have much of a competitive edge. Their fortunes go up and down with business cycles and input prices. When the cycle is in their favour, they make huge profits. Vinati Organics manufactures isobutyl benzene (IBB) (the prime raw material for the manufacture of ibuprofen,...

Read More



Hawkins, like TTK Prestige, is finally reaping the benefits of branding consumer products of daily use for a large Indian population Hawkins has emerged as a household name in India for its quality products in the cookware segment, especially pressure-cookers, in more than 50 years of...

Read More



Data theft from the London Clinic has again put the spotlight on data security. Here is how to keep your data safe With the much publicised incident, especially in the Western media, of clinical data theft from the London Clinic, the issue of data security has come to the forefront once...

Read More



Indian pipeline manufacturers are benefiting from large-scale US gas pipeline expansion Welspun Gujarat Stahl Rohren surprised the market with the news that its oil & gas pipeline order book size has crossed Rs10,000 crore. Jindal Saw Pipes (JSP) is also reported to have pending orders worth...

Read More



Swapnil Suvarna 16 November 2009
Baltic Exchange’s sea freight index, Baltic Dry Index (BDI) is rising again but not the stock prices of Indian shipping companies Since hitting a low of 2,175 on September 2009, the Baltic Dry Index has shot up 89% closing the day on 13 November 2009 at 4,111. During the same period ABG...

Read More



Where is the market headed? The relentless rally we are witnessing will soon lead to an extreme situation. Debashis Basu explains Starting from a scenario of a deep gloom and scepticism, the Sensex has posted a spectacular gain of 123% from its March 2009 low of 8,047 and charged past the...

Read More



FSI Boost The Maharashtra government’s efforts to give a boost to redevelopment in Mumbai by increasing the floor space index (FSI) up to four is leading developers to plan more redevelopment projects. Cessed buildings, which are built before 1960, will be allowed an FSI of four, under cluster...

Read More



The asset management companies (AMCs) of mutual funds make money, irrespective of whether or not their unit-holders do. Last year, most mutual funds did quite badly. Not so the AMCs. Most of them had a great year. This is the issue. If, as a unit-holder, you wanted to know how much money the...

Read More



But can he execute his plan? BK Modi, who has had a chequered business life, and is known for his eccentric business ideas, says he is investing $200 million to acquire and develop two pristine Islands—Batam and Bintan—near Singapore. He told Moneylife: “It is true that I am acquiring two...

Read More



Moneylife Digital Team 14 November 2009
Gitanjali Gems has just announced that its top four brands, namely, Gili, Nakshatra, D’damas and Asmi are worth Rs1,502 crore, according to the valuation done by Brand Finance, a UK-based firm in marketing and brand valuation. How should we interpret this information? Apparently, Gitanjali’s...

Read More



Moneylife Digital Team 14 November 2009
Moneylife: The government has permitted private players to invest in power transmission either through joint ventures with Power Grid Corporation of India or via an independent private transmission company (IPTC) based on competitive bidding. What are your plans? Chandak: There were only two...

Read More



Moneylife Digital Team 14 November 2009
In a recent hearing on the jet fuel dues at the Bombay High Court, Bharat Petroleum Corporation Ltd (BPCL) demanded a substantial amount as repayment of dues, against the monthly payment of Rs10 crore offered by Kingfisher Airlines. Kingfisher owes BPCL around Rs314. 32 crore. Meanwhile,...

Read More



Moneylife Digital Team 14 November 2009
What is common between an oil refiner and trader Adani, steel manufacturer Jindal, copper & aluminium manufacturer Sterlite and drug manufacturer Torrent? They have all set up large power projects; a substantial part of their generation will be available for selling to the power grid, thanks to...

Read More



Has the social mood has changed to what prevailed in the 1970s? A majority of US workers does not think their bosses are honest, found a survey conducted by Harris Interactive for the Zurich-based Adecco Group, a human resources and placement company. Harris interviewed a nationwide sample of...

Read More



  ML: What is your view on the increasing prices of residential properties? Do you feel that market sentiments have improved? PK: From November onwards you will again see a drop in price of properties by 15%-20% as the developers have lot of inventories and on top of that they are increasing...

Read More



Company officials claim that redemption payment will be done in three to four days, while investors fear that the funds will come in only after 30 days The Osian Art Fund, which was to see closure on the 10th of this month, has now triggered a nasty debate between the investors and Osian...

Read More



SEBI has allowed exchanges to set up independent SME exchange platforms, but doubts persist over how far it will succeed at creating a thriving market in SMEs Market regulator Securities and Exchange Board of India (SEBI) has made a lot of sound and dance about its proposed exchange platform...

Read More



What were the DSQ Software and Rajnarayan case all about? Sucheta Dalal looks at the two surprise orders revealed by the SEBI board. For over a year now, the media has been writing about how the Securities and Exchange Board of India (SEBI) has suppressed an order of a two-member bench,...

Read More



HDIL is planning to pass the benefit of low commodity prices to consumers by not hiking the prices of its properties Housing Development and Infrastructure Ltd (HDIL) has said that it will not increase property prices following the decline in commodity prices such as steel and cement and would...

Read More



While the NSE has been pushing for extension in trading hours to combat the Singapore Stock Exchange’s time advantage, BSE may not lend support given the SGX influence Capital market regulator Securities and Exchange Board of India (SEBI) has announced its intention of allowing the bourses to...

Read More

Free Helpline
Legal Credit
Feedback