INVESTOR INTEREST


Pallabika Ganguly 12 July 2010
Private labels contribute 19%-20% Aditya Birla Retail’s total sales. It wants to reduce private labels to focus on volume sales Aditya Birla Retail Ltd (ABRL) is betting differently on private labels, products that are sold by retailing companies under their own brand name. The company is now...

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Moneylife Digital Team 12 July 2010
BSE and MCX have filed their preliminary applications with SEBI to launch SME exchanges but there is little chance of this segment coming up in the near future Since previous attempts to launch an exclusive platform for small and medium enterprise (SME) have failed, market regulator Securities...

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Markets are headed higher but buy only on declines Another fortnight is over and the short-term top of 15th April has not been scaled as yet. But is a trend change at hand? Two weeks ago, I had suggested that “if the US goes down by 10%-15%, India will not stand tall; it will go down too, quite...

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Moneylife Digital Team 10 July 2010
The market is climbing a wall of worry. Watch 18,300 on the Sensex The domestic market ended the week with a gain on positive global sentiments. Although the week stared with a subdued performance on the bourses weighed by the 'Bharat Bandh' called by the opposition parties; the market staged a...

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Moneylife Digital Team 09 July 2010
Thousands of clients of ICICIdirect were left in the lurch on Thursday, as its trading site was nonoperational for more than 24 hours. Many customers are venting their anger through comments on Moneylife.in and other forums The unavailability of ICICIdirect's trading portal during trading...

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Moneylife Digital Team 09 July 2010
Resistance is at 17,900 but the market is bent on pushing higher The market ended in the green for the second day in a row on strong global cues and on positive domestic economic news. The Sensex settled at 17,833, up 182 points (1%) and the Nifty closed at 5,352, up 55 points (1%). The indices...

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Moneylife Digital Team 09 July 2010
Auto parts and equipment maker Steel Strips Wheels Ltd (SSWL) said it received an export order from the German car maker Audi. The awarded business has a potential of export worth over $38 million over five years period, SSWL said in a regulatory filing. The Chandigarh-based company said it...

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Moneylife Digital Team 09 July 2010
Kolkata-based McNally Bharat Engineering Co Ltd said it received orders, worth Rs33.77 crore, from NTPC Ltd for their Vindhyachal Super Thermal Power project. The scope of the work includes supply under pre-treatment plant package and inland transportation, insurance, erection, testing,...

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Moneylife Digital Team 09 July 2010
Mumbai-based Pratibha Industries Ltd said its joint venture with Lucknow-based Abhyudaya Housing and Construction Pvt Ltd, has won an annuity project from National Highways Authority of India (NHAI). The total revenues receivable from NHAI is Rs336.70 crore, the company said in a regulatory...

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Moneylife Digital Team 09 July 2010
Sharon Bio-Medicine Ltd said its formulation plant at Dehradun has been approved by UK-based Medicines and Health Care Product Regulatory Agency (MHRA). The company, located in Raigad, Maharashtra, expect the sales to start in near future to the UK and Europe, Sharon Bio-Medicine said in a...

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Moneylife Digital Team 09 July 2010
Telecom operator Uninor said it appointed Sigve Brekke as its managing director following resignation of Stein-Erik Vellan. Mr Brekke currently head Telenor’s Asia region and his appointment is subjected to regulatory and statutory approvals in India, the company said in a release. Stein-Erik...

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Pallabika Ganguly 09 July 2010
More Retail has received an overwhelming response from its two new hypermarkets in Delhi and Hyderabad. Is organised retail finally coming of age? More Retail, the retail chain of Aditya Birla Retail Ltd, has reported sales of Rs2.5 crore in the first five days since the inauguration of its...

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Munira Dongre 09 July 2010
These stocks are going up on the hope that high 3G auction prices will prevent players from continuing their cutthroat tariff wars and that the recent regulatory recommendations will be toned down Telecom stocks have been rising for the past few sessions and today they simply flared up. At...

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Munira Dongre 09 July 2010
These stocks are going up on the hope that high 3G auction prices will prevent players from continuing their cutthroat tariff wars and that the recent regulatory recommendations will be toned down Telecom stocks have been rising for the past few sessions and today they simply flared up. At...

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Moneylife Digital Team 08 July 2010
Total redemptions of all schemes stood at Rs1.19 lakh crore in June while equity funds witnessed Rs1,446 crore of net redemptions, despite the launch of six NFOs The inflow of Rs1,256 crore for equity funds in May 2010 was a fleeting affair. Equity funds have continued to witness outflows in...

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Moneylife Digital Team 08 July 2010
Total redemptions of all schemes stood at Rs1.19 lakh crore in June while equity funds witnessed Rs1,446 crore of net redemptions, despite the launch of six NFOs The inflow of Rs1,256 crore for equity funds in May 2010 was a fleeting affair. Equity funds have continued to witness outflows in...

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Moneylife Digital Team 08 July 2010
The rally would be laboured and likely to be aborted abruptly The market, which was down 1% on Wednesday, recovered all losses today on positive global sentiments. The Sensex shut at 17,651, up 180 points (1%) and the Nifty ended at 5,296, up 55 points (1%). The indices started the day with a...

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Moneylife Digital Team 08 July 2010
The capital market regulator’s move to cut exposure margins in equity derivatives is a revisit to the pre-crisis days of leveraging and speculation In a throwback to the pre-crisis period of 2007-08, when excessive leveraging and speculative activities were at their peak, market watchdog...

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Pallabika Ganguly 08 July 2010
More has received a stay order from the Andhra Pradesh High Court and Shoppers Stop has received the same from the Bombay High Court. Retailers plan to intensify their legal battle against the tax in coming months We had earlier reported that retailers were approaching various High Courts to...

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Moneylife Digital Team 08 July 2010
SEBI and the stock exchanges are expected to reach a consensus on allowing physical settlement in derivatives by the end of July Traders may soon be able to settle their derivates positions physically instead of cash as discussions between the stock exchanges and the regulators are in the...

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