INVESTOR INTEREST


Moneylife Digital Team 30 July 2010
New Delhi: The Insurance Regulatory and Development Authority (IRDA) today said it would finalise guidelines for initial public offer (IPO) by general insurance companies in a couple of months, reports PTI. As for life insurance, the guidelines are almost ready and would be out shortly, it...

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Pallabika Ganguly 30 July 2010
The retail chain opened two new stores last week in Bhopal and Bengaluru. Its same store sales growth was 21%, which was a key factor that led to a jump in net profit Shopper’s Stop Ltd reported a net profit of Rs10 crore and business turnover of Rs385.7 crore in the first quarter of the...

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By the time you read this article, the market may be nearing the end of its  two-month rally At last, after 15 weeks of going up and down, the market crossed the high of 15th April. Two weeks ago, I wondered whether a trend change was imminent, though I wasn’t sure. I had said, the Sensex, “has...

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Moneylife Digital Team 30 July 2010
Since the second innings of the UPA regime — while the Sensex has gained 26% — RIL shares, which have the highest weight in the index, have fallen 15% Over the past 14 months, the BSE Sensex and almost all growth stocks in the index, except a few, have shown large gains. Notable among the...

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Moneylife Digital Team 30 July 2010
The market started the last trading day of the week on a soft note as support from the world markets was lacking. It traded range-bound in the negative zone for the entire morning session. The Sensex made a feeble attempt to touch the 18,000 mark and the Nifty managed to scale an intraday high...

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Moneylife Digital Team 30 July 2010
Moneylife advocates avoiding NFOs, especially when too many of them are launched to take advantage of a roaring bull market. Here is more evidence that proves our point: almost half of NFOs were redeemed at losses during April 2008-March 2010 Many Asset Management Companies (AMCs) launch New...

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Moneylife Digital Team 30 July 2010
Moneylife advocates avoiding NFOs, especially when too many of them are launched to take advantage of a roaring bull market. Here is more evidence that proves our point: almost half of NFOs were redeemed at losses during April 2008-March 2010 Many Asset Management Companies (AMCs) launch New...

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Moneylife Digital Team 30 July 2010
New Delhi: State-run NTPC has sought assurance from the power ministry to pursue its case to the oil ministry for allocation of 30 million standard cubic metres of gas per day (mmscmd) to fuel the expansion of its gas-based power stations, reports PTI. "The company has chalked out ambitious...

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Moneylife Digital Team 30 July 2010
New Delhi: Insurance Regulatory and Development Authority (IRDA) today expressed hope that the row over withdrawal of the cashless treatment facility at select hospitals by public sector insurance companies will be sorted out shortly reports PTI. "Premiere hospitals and insurance companies are...

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Moneylife Digital Team 30 July 2010
New Delhi: Aiming to curb pilferage of public distribution scheme (PDS) kerosene and domestic liquefied petroleum gas (LPG), the Unique Identification Authority of India (UIDAI) and the petroleum ministry today signed a memorandum of understanding (MoU) to facilitate close coordination on the...

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Moneylife Digital Team 30 July 2010
New Delhi: The country's premier bourse, the National Stock Exchange (NSE), is in talks with the Tokyo Stock Exchange for a possible partnership to cross-list key products on each other's platforms, reports PTI. "We are in talks with the Tokyo Stock Exchange for a mutual partnership," a NSE...

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Moneylife Digital Team 30 July 2010
Mumbai: UltraTech Cement Ltd on Thursday said with the merger of Samruddhi and acquisition of ETA Star Cement, its manufacturing capacity will touch 52 million tonnes per annum (MTPA) making it the ninth largest cement firm in the world, reports PTI. "With the amalgamation of Samruddhi and...

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Amritha Pillay 30 July 2010
GMR has achieved financial closure for refinancing its $837-million debt raised for purchasing stake in InterGen NV in 2008. The two-year bridge loan has now been converted into a five-year loan. “We have achieved the financial closure for our $837-million debt for the refinancing for (the)...

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Moneylife Digital Team 30 July 2010
The market may see a flat-to-down opening as economic woes from the across the globe continued to pour in. SGX Nifty was trading at 5398, down 25 points. However, we can expect some action in specific stocks from corporates based on their earning numbers to be announced today. Yesterday the...

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Ravi Samalad 29 July 2010
In a bid to prevent unauthorised funds from entering and exiting mutual funds, the Financial Intelligence Unit (FIU), is seeking its first submission of Suspicious Transaction Reports (STRs) from mutual fund (MF) registrar & transfer agents (RTAs) under the revised provisions of the Prevention...

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Ravi Samalad 29 July 2010
In a bid to prevent unauthorised funds from entering and exiting mutual funds, the Financial Intelligence Unit (FIU), is seeking its first submission of Suspicious Transaction Reports (STRs) from mutual fund (MF) registrar & transfer agents (RTAs) under the revised provisions of the Prevention...

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On 19th June, Moneylife Foundation and IDBI Mutual Fund held a workshop for mutual fund investors on the free online tools offered by leading registrars, Karvy and CAMS (Computer Age Management Services), to track portfolios. These tech-tools empower investors by providing a snapshot of their...

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Would you buy an expensive balanced fund Your traditional unit-linked insurance plans (ULIPs) are set to undergo a sea change in terms of product structure and costs, with the revised norms laid down by the Insurance Regulatory and Development Authority (IRDA). But does this make ULIPs very...

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Contract manufacturing of drugs on a large scale is a rewarding business Ankur Drugs & Pharma (ADPL) does contract manufacturing for leading domestic companies and multinational companies. Two of them are in Baddi (Himachal Pradesh) and one in Daman. The manufacturing capacity at Baddi is large...

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  Supreme Infrastructure is a construction company available cheap Supreme Infrastructure is a construction company which makes buildings, roads, highways, bridges, flyovers, irrigation canals, sewage systems, etc. It started with executing orders of Mumbai’s municipal corporation and the...

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