INVESTOR INTEREST


Insurers are gearing up for a number of changes in the way they sell ULIPs after the new norms passed by the insurance regulator While the Insurance Regulatory and Development Authority's (IRDA) new norms for Unit-linked Insurance Plans (ULIPs) are good for consumers, private insurers are...

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Moneylife Digital Team 29 June 2010
After hitting a monthly low last week, Concurrent shares are hitting upper circuits—now backed by dubious information and inspired recommendations in blogs. The regulators have still not reacted Shares of Concurrent (India) Infrastructure Ltd hit the upper-circuit limit for the third day in a...

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Sanket Dhanorkar 29 June 2010
How will banks and the corporate sector deal with the new rate structure and will it lead to a fairer regime? With the base rate methodology of loan pricing set to kick in from 1st July, banks and companies alike will be gearing up for the paradigm shift it will usher into the Indian banking...

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Moneylife Digital Team 29 June 2010
We had suggested yesterday that a reversal can hit anytime. But is this the start of a new leg down? We will know in a few days. Meanwhile, watch 17,400 The market pared all gains accrued in Monday's trading session to close lower today on weak global cues. The Sensex ended at 17,534, down...

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Moneylife Digital Team 29 June 2010
The company says that the price hike has been necessitated to partially recover the increase in the price of raw material like steel, tyres and castings Hinduja Group flagship company Ashok Leyland (ALL) today announced a price hike of its entire range of commercial vehicles by up to Rs50,000...

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Moneylife Digital Team 29 June 2010
Pantaloon Retail (India) Ltd on Tuesday said it has allotted one crore warrants to its promoters' group company, Future Ideas Realtors India Ltd. The company's committee of directors has allotted 1 crore warrants at Rs400 per share, aggregating to Rs400 crore to Future Ideas Realtors India,...

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Moneylife Digital Team 29 June 2010
Hyderabad-based Natco Pharma Ltd said it launched the generic version of Anastrazole 1 mg tablets in the US through the company’s marketing partners. Anastrazole is used in the treatment of breast cancers and the market for this product in the US is expected to be in the region of $750 million...

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Moneylife Digital Team 29 June 2010
Of the 70 blocks offered in NELP-VIII, only 36 attracted bids from interested companies. ONGC and its partners won 17 areas out of their bidding for a maximum of 25 blocks State-owned Oil and Natural Gas Corporation (ONGC) and its partners will sign contracts on Wednesday for half of the 34...

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Amritha Pillay 29 June 2010
Merchant power tariffs, which were at a high of Rs14 per unit last year, are expected to stabilise at an average rate of Rs5 per unit for the next couple of years. Jindal Power, Adani Power and Indiabulls Power are companies with large exposure to this volatility of rates In 2009, merchant...

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Pallabika Ganguly 29 June 2010
Developers usually offer a free ‘fit-out’ period of two months for tenants to complete furnishing their office space. But poor demand is forcing developers of new projects to waive the rent for a period of five months or even more Squeezed by oversupply and muted demand, developers are trying...

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SEBI is letting off habitual offenders in stock markets with petty fines through its “consent orders.” Firms like SMC Global have been allowed to file consent terms seven times and Shriram group six times, which damage the very purpose of the consent process as a deterrent The Securities and...

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SEBI is letting off habitual offenders in stock markets with petty fines through its “consent orders.” Firms like SMC Global have been allowed to file consent terms seven times and Shriram group six times, which damage the very purpose of the consent process as a deterrent The Securities and...

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R Balakrishnan on saving  and   investing prudently 29 June 2010
Finally, I met a group of investors who were playing the market not to maximise their wealth, driven by greed—they were in it just to diversify their wealth portfolio At most seminars on stock markets, I am struck by the fact that investor expectations always seem to border on greed. An...

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A major change of guard is underway at the country's oldest stock exchange as it pulls out all the stops to transform itself into a well-oiled trading platform The Bombay Stock Exchange (BSE) is in the midst of a major overhaul of its management and personnel to bring the rest of the bourse...

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Moneylife Digital Team 28 June 2010
Rajan Raheja group firm Prism Cement Ltd on Monday said it has acquired the remaining 50% stake in Milano Bathroom Fittings (MBF) for an undisclosed sum. "Post acquisition, MBF becomes a wholly-owned subsidiary of Prism Cement and will continue to be managed through H and R Johnson (India)...

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Moneylife Digital Team 28 June 2010
Plethico Pharmaceuticals Ltd on Monday said that it has joined hands with US retailing giant Walmart for supplying its nutritional products to US consumers. Plethico Pharmaceuticals, through its wholly-owned subsidiary Natrol Inc, has entered into a supply contract with Walmart, under which the...

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Moneylife Digital Team 28 June 2010
Pharmaceutical company Venus Remedies Ltd on Monday said that it has received patent for its anti-pneumonia drug in New Zealand and hopes to generate handsome revenues there following the grant. The company has got a patent from Intellectual Property Office of New Zealand for its antibiotic...

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Moneylife Digital Team 28 June 2010
Pantaloon Retail (India) Ltd on Monday said its promoters will infuse Rs400 crore in the company in lieu of convertible warrants issued to them. The warrants would be issued to promoters' group company, Future Ideas Realtors India Ltd, Pantaloon Retail said in a filing to the Bombay Stock...

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Moneylife Digital Team 28 June 2010
The plan for 2010-14 envisages revenue enhancement and expenditure reduction over different phases Air India's five-year turnaround plan for financial revival of the ailing national carrier was today reviewed at its board meeting in the presence of civil aviation minister Praful Patel, reports...

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Moneylife Digital Team 28 June 2010
As we suggested on Friday, the market went on to rise but a reversal can hit anytime. Watch out for 17,800 The market ended in the green on the positive sentiment triggered by the fuel price deregulation announced last Friday and the good monsoon forecast. The Sensex surged 200 points at 17,774...

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