INVESTOR INTEREST


Are the new Ulips any better than the old ones? Or do they push you from the frying plan into the fire? Raj Pradhan busts some myths    Sometime in 2007, this writer was approached by an insurance agent selling unit-linked insurance policies (ULIPs). The performance, benefits and...

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Moneylife Digital Team 17 December 2010
IDBI Mutual Fund revises exit load under Ultra Short Term Fund; NTPC may float another FPO next fiscal; JK Tyres to hike prices by up to 5% from January IDBI Mutual Fund revises exit load under Ultra Short Term Fund IDBI Mutual Fund has revised exit load structure under its scheme-IDBI...

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If you use online financial websites and don’t know this yet, you had better be careful what personal details you share, and prepare to receive unsolicited calls For someone who doesn't understand the intricacies of financial websites, a cursory visit to one of these online counters...

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Moneylife Digital Team 17 December 2010
The local market ended the holiday-shortened week with modest gains on the back of positive economic indicators, mainly from the domestic space. The Reserve Bank of India’s (RBI) decision to keep key rates unchanged on the last trading day of the week, boosted investor sentiments. The...

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Moneylife Digital Team 17 December 2010
New Delhi: State-run power producer NTPC may approach the government next fiscal for permission to raise funds through a follow-on public offer (FPO) to part-finance power equipment purchases worth an estimated Rs1,50,000 crore, reports PTI. “NTPC may approach the government next fiscal for a...

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Vested interests in the Securities and Exchange Board of India seem set to torpedo the initial public offerings (IPOs) grading process when dozens of pressing investor issues remain unattended At Moneylife, we have long discovered that it requires years of persistent writing and advocacy to get...

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Debashis Basu on where the stock market is headed 17 December 2010
Instead of weakening, the dollar has strengthened, baffling the bulls Two weeks ago, I said that the market was losing momentum after a whole month of sideways movement. The bulls, I said, would be hoping it's a consolidation phase and the bears would be wondering why the market won't head...

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R Balakrishnan on saving  and   investing prudently 17 December 2010
Promoters are not like you and me. They have special rights that are sanctioned by the regulator “All animals are equal, but some are more equal than others.” — George Orwell, Animal Farm In a private company, a promoter can do what he wants to. But if he has public shareholders, he has to...

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Moneylife Digital Team 17 December 2010
Indian forex, debt and equity markets, including the Bombay Stock Exchange and the National Stock Exchange, will remain closed on Friday for a local holiday. Banks will also remain closed. Trading resumes next Monday.

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Moneylife Digital Team 17 December 2010
While the Indian bourses are closed today on account of a local holiday, here is a brief view of the global markets. The US markets closed on a positive note overnight, boosted by strong economic data. Asian markets were mostly higher in early trade on Friday as they brushed aside fears about...

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Moneylife Digital Team 16 December 2010
New Delhi: Indian GSM telecom operators added a whopping 17.45 million new subscribers in November, taking the all-India GSM cellular subscriber base to 526.18 million, reports PTI quoting the Cellular Operators Association of India (COAI). The GSM subscriber base stood at 508.72 million at...

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Moneylife Digital Team 16 December 2010
New Delhi: Having reluctantly agreed on the need for government approval to sell a majority stake in its India unit to Vedanta Resources, Cairn Energy CEO Bill Gammell today met top government officials, including oil secretary S Sundareshan, to seek support for the $9.6 billion deal, reports...

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Moneylife Digital Team 16 December 2010
Uttar Pradesh Power Corporation Ltd (UPPCL) has signed a Memorandum of Understanding (MoU) with Unitech Machines Ltd (UMT) for setting up a 250-MW coal-fired power plant in Auraiya district. The company will invest Rs1,250 crore to set up the proposed plant at Auraiya. The project has a...

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Moneylife Digital Team 16 December 2010
Glodyne Technoserve Ltd said that its wholly-owned subsidiary Glodyne DecisionOne has partnered with a technology company to provide technology infrastructure management services (IMS) to one of the retail customers in the US. The five-year agreement is worth around $42 million. Under the...

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Moneylife Digital Team 16 December 2010
Software firm Tata Consultancy Services (TCS) said it has won a three-year deal worth Rs85 crore from Indian Bank for implementing smart card-based financial inclusion solution (FIS). The deployment of the solution will help in extending banking services in un-banked/under-banked areas,...

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After the exit of Suzuki from a joint venture, TVS Motors took many years to find its bearings. Will this be the case with Hero too? The exit of Japanese Honda Motor Corp from a joint venture with the Hero group may open new avenues for India's number one two-wheeler maker. Although the...

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Moneylife Digital Team 16 December 2010
New Delhi: Smiles returned to the faces of Indian exporters in 2010 after nearly 12 months of pain suffered by them due to recession in advanced economies, reports PTI. October 2009 saw the tide turn in favour of Indian exporters and the situation kept getting better and better with each...

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Moneylife Digital Team 16 December 2010
New Delhi: Set to monitor the second generation (2G) spectrum scam probe, the Supreme Court today widened the investigation in the case by bringing in its ambit the telecom policy from 2001 to 2008 covering both the NDA and the UPA regimes, reports PTI. A bench comprising justices GS Singhvi...

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Munira Dongre 16 December 2010
The Zurich-based brokerage urges institutional clients to consider stocks that are high on corporate governance; surprisingly it names such dodgy companies like DLF and Lanco in its list of high conviction ideas UBS Investment Research believes that India’s structural story continues to be...

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Moneylife Digital Team 16 December 2010
Explicit Finance (Rs17) Mumbai-based Explicit Finance deals in shares and securities. The stock has jumped 269% between 24 June 2010 and 16 November 2010. Its operating profit was Rs21 lakh on revenues of Rs85 lakh in the March 2009 quarter. The September 2009 quarter saw revenues...

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