INVESTOR INTEREST


Moneylife Digital Team 16 December 2010
Toronto: The dispute between the European Union (EU) and India over the transit of generic drugs through Europe has been resolved, reports PTI quoting EU Trade Commissioner Karel De Gucht. “We have discussed this in detail with our Indian counterpart,” Mr De Gucht said during a visit to...

Read More



Rumour of UK Sinha’s appointment spreads. But there are several steps in the process and only one has been taken. Remember also, that the last three chairmen were not on the “list” UK Sinha, chairman of UTI Asset Management Company, may well go on to chair the Securities and Exchange Board...

Read More



Munira Dongre 15 December 2010
To buy more than 40 million shares since 30th September 2010, LIC would have had to pick up more than 8,00,000 shares a day; but the delivery numbers just don't add up The September shareholding pattern of Oil & Natural Gas Corporation (ONGC) shows that Life Insurance Corporation (LIC) holds...

Read More



Moneylife Digital Team 15 December 2010
During the visit of the Chinese prime minister to India, Reliance Communications Ltd (RCOM) has signed a Memorandum of Understanding (MoU) with China Development Bank Corporation for syndicated financing of $1.93 billion.  The proposed facility has 10 year maturity, and will be funded by a...

Read More



Moneylife Digital Team 15 December 2010
New Delhi: Amid the demand from the civil aviation ministry for induction of Rs1,200 crore as fresh equity into Air India, prime minister Manmohan Singh today said the government is actively considering helping the national carrier, reports PTI. Along with the Air India, state-owned telecom...

Read More



Moneylife Digital Team 15 December 2010
Mumbai: Leading lights of India Inc such as Reliance Industries (RIL), major Tata group companies and auto majors Mahindra & Mahindra (M&M) and Bajaj Auto seem to have clocked a robust performance so far this fiscal if their higher advance tax outgoes are any indication, reports PTI. The...

Read More



Moneylife Digital Team 15 December 2010
The domestic market ended its three-day winning streak today, closing lower on economic concerns arising from the Asian region and Europe. Investors are also awaiting the Reserve Bank of India’s mid-term policy review, slated to be announced on Thursday. The market opened with a negative...

Read More



Moneylife Digital Team 15 December 2010
Sajjan Jindal led JSW Infrastructure Ltd, said it will sell a 10% stake in the company to the US based Eton Park for about $125 million. “Eton Park will invest up to $125 million in our company. The proceeds will be used for expansion of JSW’s Ports business,” JSW Infrastructure’s chairman...

Read More



Moneylife Digital Team 15 December 2010
The Hinduja Group flagship Ashok Leyland on Thursday will inaugurate a vehicle assembly plant in UAE’s Ras al Khaimah Investment Authority (RAKIA). The plant will be inaugurated by Sheikh Saud Bin Saqr Al Qasimi, UAE’s Supreme Council Member and the ruler of Ras Al Khaimah in the presence of...

Read More



Moneylife Digital Team 15 December 2010
Lanco Infratech Ltd, through its Australian subsidiary, Lanco Resources Australia Pty Ltd, has concluded a binding agreement with Griffin Energy Group Pty Ltd and Carpenter Mine Management Holdings Pty Ltd to purchase 100% shares of Griffin Coal Mining Company Pty Ltd and Carpenter Mine...

Read More



Moneylife Digital Team 15 December 2010
Kolkata: The hike in petrol price was because of increase in prices of crude oil in the international market, reports PTI quoting Union finance minister Pranab Mukherjee. “The price of crude oil in the international market has touched $90 a barrel. Petrol prices have been deregulated already....

Read More



Moneylife Digital Team 15 December 2010
OxiCash ties up with Bookmyshow.com to enhance entertainment ticket sales in India; Bajaj hikes motorcycle prices by up to Rs1,000; Tata Motors’ special finance scheme for Nano; Bajaj Allianz launches mobile application for tax planning OxiCash ties up with Bookmyshow.com to enhance entertainment...

Read More



Moneylife Digital Team 15 December 2010
Jamshedpur: The steel industry in India was growing faster than the country’s economic growth, reports PTI quoting a senior steel ministry official. The steel industry is growing at the rate of around 9%-10% while our economic growth rate is around 8%-9%, additional secretary in the Union...

Read More



Munira Dongre 15 December 2010
The BSE Oil & Gas Index has been one of the best performing indices of late. Upstream stocks have done particularly well, but marketing and downstream firms have not participated in this rally The BSE Oil & Gas Index is up almost 2% over the past week against the 1% fall in the Sensex. ...

Read More



Moneylife Digital Team 15 December 2010
Hyderabad: The Andhra Pradesh assembly on Tuesday night passed a Bill seeking to protect women self-help groups from “exploitation” by microfinance institutions (MFIs), which have come under scrutiny for alleged strong-arm tactics in debt collection and steep interest rates, reports PTI. The...

Read More



Moneylife Digital Team 15 December 2010
The local market is likely to witness a flat-to-positive opening on the back of mixed global cues. The US markets ended higher overnight on assertions that the Federal Reserve will continue with its plan to boost the economy and on good economic data. Markets in Asia turned negative after...

Read More



Moneylife Digital Team 14 December 2010
New Delhi: The government has approved eight foreign investment proposals worth Rs883.16 crore, with L&T Finance accounting for the major inflow, but deferred decision on those of Hindalco, Intel Capital and Reliance Broadcast Network, along with 11 others, reports PTI. The government also...

Read More



Moneylife Digital Team 14 December 2010
Mumbai: The Bombay Stock Exchange (BSE) today said it has decided to suspend trading in 12 companies, including Vishal Exports, for varying periods with effect from 13 January, 2011, on non-compliance with the Listing Agreement, reports PTI. “... a company listed on BSE is required to comply...

Read More



Moneylife Digital Team 14 December 2010
New Delhi: A hike of about Rs2 per litre in petrol prices is on cards this week following international crude oil prices touching $90 per barrel mark, reports PTI. “We would have raised petrol price yesterday ... We had the oil ministry consent to hike prices by Rs1.90-Rs1.95 per litre...

Read More



Munira Dongre 14 December 2010
New York-headquartered full-service investment company says the Indian equity market is among very few around the world that looks poised to advance on a long-term bull phase over the next 5-10 years Oppenheimer & Co has in a report dated 7th December made out a very positive case for...

Read More

Free Helpline
Legal Credit
Feedback