INVESTOR INTEREST


Moneylife Digital Team 08 March 2011
Birla Sun Life Mutual Fund new issue closes on 16th March Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series CU, a close-ended income scheme. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the...

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Moneylife Digital Team 08 March 2011
Telecom minister Kapil Sibal held consultations with stakeholders to evolve a clear and transparent regime covering licensing, spectrum allocation and other issues concerning the sector New Delhi: Worried over differences amongst the service providers, particularly, on the issue of spectrum...

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Moneylife Digital Team 08 March 2011
Power minister Sushil Kumar Shinde admitted that the capacity addition is less by about 5,000MW against the target of adding 20,359MW in 2010-11, missing the target for the fourth consecutive year of the 11th Five Year Plan New Delhi: India aims to add about 15,000 megawatt (MW) power...

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Moneylife Digital Team 08 March 2011
The Union Budget announced last Monday had imposed a 10% excise duty on branded retail, making branded apparels costlier by 10%-15% even as the government plans to introduce Goods and Services Tax (GST) by next year Mumbai: Malls and branded apparel outlets across the country remained closed...

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Moneylife Digital Team 08 March 2011
Staffing services firm Manpower's Employment Outlook Survey revealed that India's net employment outlook-an indicator of recruitment intentions-rose to 51% on a seasonally adjusted basis for the three-month period starting April New Delhi: Reflecting the bullish employment market, Indian...

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Moneylife Digital Team 08 March 2011
Along with global issues, political imbroglio on the domestic front, is expected to give some direction to the market The domestic market is likely to open on a cautious note on mixed cues from the global arena as the implications of spiralling crude prices continued to weigh on investors and...

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Moneylife Digital Team 07 March 2011
The market will continue to react to only specific events, like oil prices The Indian markets suffered a rough day today following an oil price spike on the worsening crisis in Libya and fears of an interest rate hike that hit rate-sensitive stocks across the board. The global weakness...

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Moneylife Digital Team 07 March 2011
After Reliance launched its innovative gold savings fund, Kotak has launched an identical product The Kotak Gold Fund launch comes within days of the launch of Reliance Gold Savings Fund, the first gold fund-of-funds in the industry. (Reliance Gold Savings Fund has a strange target group).

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Moneylife Digital Team 07 March 2011
The government has notified United Stock Exchange, as a “Recognised Stock Exchange”, where trading would not be deemed as speculative transactions The government has notified United Stock Exchange (USE), as a "Recognised Stock Exchange", where trading would not be deemed as speculative...

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Alekh Angre 07 March 2011
With declining margins and attrition challenges, mid-cap IT companies’ shares are being beaten down, even as their large peers continue their northward journey Noted British economist, EF Schumacher, wrote a book called, Small is Beautiful. The falling stocks of mid-cap IT (information...

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Moneylife Digital Team 07 March 2011
LIC's premium collections from new business rose to Rs67,135.32 crore from Rs49,019.49 crore during the first ten months of FY11. New Delhi: The country's largest insurer Life Insurance Corp of India (LIC) has recorded about 37% growth in its new business premium to Rs67,135.32 crore during...

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Moneylife Digital Team 07 March 2011
Deal between Kotak India Real Estate Fund I and Tata Realty Initiatives Fund 1 is the largest exit by a real estate fund  Mumbai: Kotak India Real Estate Fund I has announced the sale of Peepul Tree Properties, a wholly-owned undertaking, to Tata Realty Initiatives Fund 1 for an enterprise...

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Moneylife Digital Team 07 March 2011
Dr Reddy’s Laboratories aims to earn revenue of $1 billion per year from branded generics for the next three years Pharma major Dr Reddy's Laboratories aims to earn revenue of $1 billion per year from branded generics for the next three years, said K Anji Reddy, its founder-chairman. The...

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Moneylife Digital Team 07 March 2011
Shipping Corporation of India plans to acquire 110 vessels of 5.21 million gross tonnage at an estimated cost of Rs27,668 crore in next 10 years Shipping Corporation of India Ltd (SCI) plans to acquire 110 vessels of 5.21 million gross tonnage (GT) at an estimated cost of Rs27,668 crore in...

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Moneylife Digital Team 07 March 2011
DB Realty Ltd has accepted the resignation of its managing director and director of the company Shahid Balwa with effect from 9 February 2011 DB Realty Ltd today said that it has accepted the resignation of its managing director and director of the company Shahid Balwa with effect from 9...

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Moneylife Digital Team 07 March 2011
Jamna Auto will set up two new manufacturing units at Hosur and Chennai to produce parts for commercial vehicles, entailing a total investment of Rs80 crore Auto component maker Jamna Auto Industries Ltd said it will set up two new manufacturing units at Hosur and Chennai to produce parts for...

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Moneylife Digital Team 07 March 2011
Kotak Assured Income Plan guarantees a second income of up to 10.10% of the basic sum assured to customers for a period of 20 years Kotak Mahindra Old Mutual Life Insurance has launched Kotak Assured Income Plan. The plan is an ideal investment avenue for customers who desire a steady,...

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Moneylife Digital Team 07 March 2011
JPMorgan Mutual Fund new issue closes on 9th March JPMorgan Mutual Fund has launched JPMorgan India Fixed Maturity Plan 95D Series 1, close-ended income scheme. The investment objective is to generate income through investments in debt/money market instruments and Government of India...

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Moneylife Digital Team 07 March 2011
IDFC Mutual Fund new issue closes on 9th March IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Monthly Series 28, a close-ended income scheme. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing on or...

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Moneylife Digital Team 07 March 2011
IDFC Mutual Fund new issue closes on 9th March IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-100 Days Series 2, a close-ended income scheme. The investment objective is to generate income by investing in a portfolio of debt and money market instruments maturing on or before the...

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