INVESTOR INTEREST


Moneylife Digital Team 03 December 2010
Mumbai: Reserve Bank of India (RBI) governor D Subbarao today pitched for streamlining banking regulations, saying some were “confusing” even though they served the banking system well, reports PTI. On the existing arrays of laws in the banking sector, he favoured a single legislation to...

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Moneylife Digital Team 03 December 2010
New Delhi: The government late Thursday said it is “actively considering” a request from the tobacco industry to increase the duration of display of a particular pictorial warning in cigarette packets, reports PTI. There are two existing pictorial warnings like scorpion and damaged lungs...

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Moneylife Digital Team 03 December 2010
IPO mania is here again. But as a Moneylife research study shows, there is only one way to play the game. Debashis Basu, Sanket Dhanorkar and Pratibha Kamath explain. Plus a survey of readers’ opinion on key issues regarding IPOs It is that time again when companies queue up to raise...

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Moneylife Digital Team 03 December 2010
Mumbai: Market regulator, Securities and Exchange Board of India (SEBI) on Thursday barred four companies and their respective promoters from trading on the bourses for allegedly indulging in unfair trading practices, reports PTI. Murli Industries, Ackruti City, Welspun Gujarat Stahl Rohren...

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Moneylife Digital Team 03 December 2010
New Delhi: The Enforcement Directorate (ED) has questioned former telecom minister A Raja’s close aide RK Chandolia in connection with the alleged second generation (2G) spectrum scam and indicated that more officials are under the scanner, reports PTI. Official sources said Mr Chandolia, who...

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Moneylife Digital Team 03 December 2010
The gains are likely to continue in the Indian market following positive signals from across the globe. Wall Street settled higher overnight as firm economic data increased risk appetite. Markets in the Asian region were trading in the green on speculations that consumer spending in the US will...

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Moneylife Digital Team 02 December 2010
New Delhi: The government has approved a 10% hike in price of natural gas that state-owned firms like Oil and Natural Gas Corporation (ONGC) sell to consumers in non-priority sectors such as steel and petrochemicals, reports PTI. "Effective 1st December, ONGC and Oil India Ltd (OIL) have been...

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Moneylife Digital Team 02 December 2010
The country's second largest two-wheeler maker Bajaj Auto Ltd (BAL) today reported 19% jump in motorcycle sales at 2,65,036 units in November. The company had sold 2,42,390 units in November last year, BAL said in a statement. In October this year, the company had reported its highest ever...

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Moneylife Digital Team 02 December 2010
Kolkata-based Dhunseri Petrochem and Tea Ltd said it has acquired the tea factory of Primax Tea Pvt Ltd. No financial details were provided. "The company has purchased and taken possession of the tea factory of Primax Tea Pvt Ltd as per the agreement executed with them," the company said in a...

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Moneylife Digital Team 02 December 2010
Godrej Properties Ltd (GPL), a real-estate arm of Godrej Group, today it would develop a residential housing project at Mohali in Punjab, which could involve a capital outlay of Rs450 crore. Besides, the company would also focus on several cities, including NCR, Mumbai, Bengaluru, Pune,...

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Moneylife Digital Team 02 December 2010
Engineering and construction company Larsen & Toubro (L&T) Ltd said it has won two orders worth Rs 415 crore from Hindalco Industries Ltd and Sepco-1 for construction of thermal power plant. The first order worth Rs253 crore has been secured from Hindalco for carrying out steel works for the...

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Moneylife Digital Team 02 December 2010
Kotak Mahindra MF revamps its flagship fund to 'Kotak 50'; ICICI Lombard to provide crop insurance; Bajaj Allianz launches Ability Insurance for specially-abled Kotak Mahindra MF revamps its flagship fund to 'Kotak 50' Kotak Mahindra Asset Management Company has revised the investment objective...

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Moneylife Digital Team 02 December 2010
New Delhi: The Supreme Court (SC) today came down heavily on former telecom minister A Raja for “bypassing” and even “overruling” prime minister Manmohan Singh’s advice to defer the allocation of the second generation (2G) spectrum by a few days, reports PTI. The apex court also took strong...

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Moneylife Digital Team 02 December 2010
Supportive cues from across the globe helped the key indices scale crucial levels in early trade. However, a minor sell-off in the mid-morning session resulted in the market staying range-bound for the rest of the session, although it ended modestly higher, in the green for the fourth day in a...

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Moneylife Digital Team 02 December 2010
Whirlpool of India, a subsidiary of US-based home appliance maker Whirlpool, has expanded its range to grow at a faster pace If India is a story of rising prosperity of the middle class, Indian consumer product companies and manufacturers of durables ought to be doing very well. Consumer...

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Moneylife Digital Team 02 December 2010
Igarashi Motors is a specialist in DC motors for more than 60 years. The Japanese company has done pioneering work in product development along with improvement and testing for creating new manufacturing technologies. The company’s design/development/technical departments in Japan, China and...

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Moneylife Digital Team 02 December 2010
Menon Bearings, which manufactures a wide range of critical auto components for some of the biggest names in the auto business, is seeing good growth Menon Bearings Ltd (MBL) is another auto components company that is available at a reasonable valuation. The company has its facilities at...

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Moneylife Digital Team 02 December 2010
New Delhi: Commodity markets regulator, Forward Markets Commission (FMC), has for the second time extended the deadline till 31st December for exchanges to disband sub-brokers, reports PTI. A sub-broker is not a member of any commodity bourse but acts on behalf of a member broker as an...

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Moneylife Digital Team 02 December 2010
Sector funds, in general, are a risky proposition. They come to you well after a sector is already hot, and often mix stocks of different sectors freely The theoretical premise behind sector funds is attractive. Most of the time, being in the right sector is more important than picking the...

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Moneylife Digital Team 02 December 2010
Global cues point out to a positive opening for the Indian market today. The US markets closed with splendid gains overnight on good economic data from within the country and from across the world. Markets in Asia were trading higher as positive economic news from the US, a sign that the...

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