INVESTOR INTEREST


Moneylife Digital Team 25 February 2011
The record date for the UTI–Master Value Fund dividend is 1 March 2011 UTI-Master Value Fund declares tax-free dividend of 10% (Re1 per unit on face value of Rs10). The record date for the dividend is 1 March 2011. The NAV per unit as on 23 February 2011 was Rs22.77 under the dividend...

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Moneylife Digital Team 25 February 2011
Samridhi Plus will be available for sale for a maximum period of three months from date of launch Life Insurance Corporation of India (LIC) has launched a new plan 'Samridhi Plus', which is a guaranteed net asset value (NAV) plan on the new unit linked insurance plan (ULIP) platform. This...

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Moneylife Digital Team 25 February 2011
Reliance Mutual Fund new issue closes on 28th February Reliance Mutual Fund has launched Reliance Fixed Horizon Fund-XIX-Series 1, a close-ended income scheme. The primary investment objective of the scheme is to generate regular returns and growth of capital by investing in a diversified...

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Moneylife Digital Team 25 February 2011
IDFC Mutual Fund new issue closes on 28th February IDFC Mutual Fund has launched IDFC Fixed Maturity Plan-Yearly Series 39, a close-ended income scheme. The investment objective of the scheme is to generate income by investing in a portfolio of debt and money market instruments maturing...

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Moneylife Digital Team 25 February 2011
ICICI Prudential Mutual Fund new issue closes on 8th March ICICI Prudential Mutual Fund has launched ICICI Prudential Fixed Maturity Plan- Series 55-6 Months Plan B, a close-ended income scheme. The investment objective of the plan is to generate regular returns by investing in a portfolio...

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Moneylife Digital Team 25 February 2011
HDFC Mutual Fund new issue closes on 28th February HDFC Mutual Fund has launched HDFC FMP 370D February 2011 (1), a close-ended income scheme. The investment objective of the plans under the scheme is to generate income through investments in debt/money market instruments and government...

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Moneylife Digital Team 25 February 2011
Fidelity Mutual Fund new issue closes on 28th February Fidelity Mutual Fund has launched Fidelity Fixed Maturity Plan-Series V-Plan B, a close-ended income scheme. The investment objective of the scheme is to generate reasonable returns and reduce interest rate volatility primarily through...

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Moneylife Digital Team 25 February 2011
Birla Sun Life Mutual Fund new issue closes on 8th March Birla Sun Life Mutual Fund has launched Birla Sun Life Fixed Term Plan-Series CS, a close-ended income scheme. The scheme seeks to generate income by investing in a portfolio of fixed income securities maturing on or before the...

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Moneylife Digital Team 25 February 2011
SBI Mutual Fund new issue closes on 28th February SBI Mutual Fund has launched SBI Debt Fund Series 370 Days 10, a close-ended income scheme. The investment objective of the scheme is to provide regular income, liquidity and returns to the investors through investments in a portfolio...

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Moneylife Digital Team 25 February 2011
The software services major was slapped a demand of Rs657.81 crore for the assessment year 2007-08 for wrongfully claiming tax exemption on onshore services, which was revised to Rs456.38 crore in a rectification order New Delhi: The Income Tax (I-T) department has slapped a tax demand of...

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Moneylife Digital Team 25 February 2011
Presenting her third budget in UPA-II in the Lok Sabha, railway minister Mamata Banerjee announced a slew of concessions, freight loading of 993 million tonnes and a passenger growth of 6.4%. She also announced 56 new trains, including nine non-stop Duronto trains and three Shatabdis New...

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Moneylife Digital Team 25 February 2011
Higher outlay without any hike in fares or freight rates, but some new concessions; some new lines, many new trains; upgrading of stations, safety provisions; new production and power units proposed New Delhi: Following are highlights of the Railway Budget 2011-12 presented by Railway Minister...

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Moneylife Digital Team 25 February 2011
A decline of about 9% in US dollar revenues in a buoyant economic environment has come as a surprise, especially when MphasiS, a unit of HP, was on a steady growth path for the last several quarters MphasiS shares tumbled by about 28% to Rs454.10 on Friday following a fall in the first...

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Moneylife Digital Team 25 February 2011
A decline of about 9% in US dollar revenues in a buoyant economic environment has come as a surprise, especially when MphasiS, a unit of HP, was on a steady growth path for the last several quarters MphasiS shares tumbled by about 28% to Rs454.10 on Friday following a fall in the first...

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Moneylife Digital Team 25 February 2011
Mr Shourie, who was telecom minister in the Vajpayee government, said he will assist the CBI in whatever way possible and will also submit a 50-page document giving details about broad questions like on first-come- first-serve basis policy that are appearing in the media New Delhi: Former...

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Moneylife Digital Team 25 February 2011
Oil dropped a second day in New York after the US, Saudi Arabia and the International Energy Agency made assurances that they can compensate for any disruption of Libyan shipments Cues from markets around the world indicate a flat-to-positive opening for the domestic market. Also, railway...

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Will the new SEBI chairman  UK Sinha create a strong grievance-redressal mechanism and enforce rules impartially? As he gets set to become the eighth market watchdog in under two decades, UK Sinha knows well that this coveted chair had turned too hot for almost everyone of its occupants. And,...

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Earnings calculated for a ‘normal’ growth period are no longer relevant When I wrote this column last fortnight, the Nifty was at 5,696 and I had suggested that the market was in for a rough time even though we could witness an immediate rally since no market goes down in a straight line Well,...

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Debashis Basu  and   Megha Vora 24 February 2011
There is a huge drawback lurking in a passive product like ETFs, which nobody usually talks about “In theory, there’s no difference between theory and practice. In practice, there is.” — Anonymous Stock-picking is not an easy task, even for the most experienced and seasoned professionals....

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Moneylife Digital Team 24 February 2011
In the '2010 four-wheeler Total Customer Satisfaction (TCS)' study by TNS Automotive, Maruti Suzuki's best selling model Alto topped the entry-level small car category, while Omni and the once bread-and-butter model M800 followed the list New Delhi: Tata Motors' Nano has been ranked last...

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