COMPANIES & SECTORS


Moneylife Digital Team 18 March 2014
AstraZeneca Pharma India board approves delisting offer from its Sweden based promoters AstraZeneca Pharmaceuticals. However, it is yet to obtain approval of its shareholders AstraZeneca Pharma India Ltd (AZ India) said its board approved delisting proposal received from its parent...

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Moneylife Digital Team 18 March 2014
MSIL’s net profit and free cashflow generation will get a boost due to lower capex requirements, points out Nomura in a research note The entire capex of the Gujarat expansion plan (1.5mn unit capacity) would be funded by depreciation and equity brought in by Suzuki Motor Corporation –...

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Moneylife Digital Team 15 March 2014
Maruti Suzuki has now decided that the cost of capex would be funded by the Gujarat plant’s depreciation and only by further equity infusion by Suzuki itself and it would seek approval from minority shareholders for the deal   After a hue and cry from several investors, including...

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Why Indian carriers are indulging in price wars, instead of considering the options of reductions in flight or even cancelling those that are loss making sectors? Once again, domestic airlines in India have gone into a price war on offering economic and attractive prices to air...

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Moneylife Digital Team 13 March 2014
Despite some near term hiccups, overall trend is positive thanks to improving macro environment in the US For Indian IT companies prospects for a better FY15F is intact as overall macro trends are positive, despite some near term hiccups. Macro indicators in US suggest a possible...

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Moneylife Digital Team 13 March 2014
The tariff orders to compensate for rise in the price of Indonesian coal provide relief to Tata Power and Mundra Power CERC (Central Electricity Regulatory Commission) has notified the long awaited Compensatory Tariff orders on imported coal based Tata Power and Adani Mundra Power...

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Domestic steel and sponge industry is not able to obtain raw materials; export of low grade iron fines from Goa cannot take place until legal issues are resolved while the little shipments of pellets now cannot be exported due to additional duty Indian iron ore exports, prior to the...

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Moneylife Digital Team 12 March 2014
One day before AstraZeneca Pharma announced delisting, its volumes spurted and share prices shot up by 9.13%. Could it be a case of insider trading? On 3rd March AstraZeneca Pharma India Ltd, (AZ India) announced that its promoters AstraZeneca Pharmaceuticals AB (AZP AB) Sweden, will...

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Automatic manual transmission is the new buzz in the car market Suddenly, the otherwise sleepy new car market in India is abuzz with discussions on the range of small cars which are already out with automatic transmission or promise to provide automatic transmission. Primarily, as on...

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Moneylife Digital Team 11 March 2014
Urban growth has been weak for a while and there appear no signs of a turnaround yet Broader demand trends seen in 3QFY14 have continued into the current quarter, and that there appears to be no signs of any ‘bottoming out’ of the current slowdown in demand for Hindustan Unilever. The...

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What India truly needs is the setting up of small and medium size solar panel manufacturers who can offer turn-key jobs to individual houses The Solar Energy Corporation of India (SECI) is the nodal agency established by the union government for implementing solar projects in the...

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Moneylife Digital Team 10 March 2014
According to ICRA, with some housing finance companies focusing more on riskier products like loans against property and builder loans or leaning more towards the self-employed segment, there may be some stress on their asset quality numbers Ratings agency, ICRA said although housing...

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Moneylife Digital Team 10 March 2014
According to SIAM, during February vehicle sales across categories increased almost 5% to 15.24 lakh units, mainly on good performance from bikes and marginal increase in car sales Domestic passenger car sales increased 1.39% to 1.61 lakh units in February from 1.59 lakh units in the...

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Konica Bhatt 08 March 2014
Meenal Arora, who co-founded the Shemford Futuristic Schools with her husband Amol in 2009, says kids are generally kinesthetic learners, and they can learn more by practice than textual education Meenal and her husband Amol Arora who started Shemford Futuristic School as a natural...

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Hitisha Jain 07 March 2014
The feeling and joy of motherhood and holding the most precious gift of life in your hands, can never be expressed in words, says Dr Rita Bakshi of International Fertility Centre   Dr Bakshi did her MBBS from Lady Harding Medical College at New Delhi in 1983, and her MD from...

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Moneylife Digital Team 07 March 2014
The ADA group company hits its 52-week high on the BSE at Rs57.50 on Thursday. Two of its promoter group entities are buying additional 26.7% stake and offered to delist the RMW Reliance Land Pvt Ltd and Reliance Capital, the two promoter group entities of Reliance MediaWorks Ltd (RMW)...

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Moneylife Digital Team 07 March 2014
Following the notification of the CERC FY15-19 regulations relating to the power sector, the generation efficiency norms have been tightened CERC (Central Electricity Regulatory Commission) has notified the final tariff regulations for FY15-19, which have lowered overall incentives (such...

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The new CMD is faced with the legacy of the on-going reservoir issue with Reliance. He also needs to pay attention to ONGC Videsh’s operations and expansion State-run Oil and Natural Gas Corp (ONGC) is India's single largest oil and gas explorer, whose production of oil in 2012-13...

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Moneylife Digital Team 05 March 2014
Investors feel that handing over a critical and highly profitable project to a 100% subsidiary of Suzuki instead of Maruti Suzuki is neither fair nor in the interest of carmaker and its about 44% minority shareholders Several investors of Maruti Suzuki India Ltd (MSIL) have raised...

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Moneylife Digital Team 04 March 2014
Reliance Jio would utilise Bharti Infratel’s towers to launch its 4G services across the country. RJio had already signed agreements to use RCom’s inter-city fibre optic network and Bharti Airtel’s submarine cable   Reliance Industries Ltd (RIL) unit Reliance Jio Infocomm (RJio) has...

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