INVESTOR INTEREST


On 4th September, Uttam Galva Steels Ltd informed bourses about its co-promotion agreement with ArcelorMittal Netherlands BV, the world’s largest steel producer. Under the agreement, Mittal with purchase a 5% stake (at Rs120 a share) in Uttam Galva followed by an open offer to acquire another...

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Apple has been named number one in consumer satisfaction in the consumer and business smartphone market while LG is number one in the traditional feature phone market, according to the JD Power and Associates 2009 Wireless Consumer Smartphone Customer Satisfaction Study. Surprisingly, in...

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If things fall in place, Gammon Infrastructure Projects Ltd (GIPL) will soon have a new project and thus a new wholly-owned subsidiary too. GIPL has claimed to be the lowest bidder for National Highways Authority of India (NHAI) project connecting Patna to Muzaffarpur.   “We are the lowest...

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If things fall in place, Gammon Infrastructure Projects Ltd (GIPL) will soon have a new project and thus a new wholly-owned subsidiary too. GIPL has claimed to be the lowest bidder for National Highways Authority of India (NHAI) project connecting Patna to Muzaffarpur.   “We are the lowest...

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The asset management companies of mutual funds make money irrespective of whether their unit-holders do or not. Last year most mutual funds did quite badly. Not so the AMCs. Most of them had a great year. But here is the issue. If as a unit-holder you wanted to know how much the AMCs made, it...

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The asset management companies of mutual funds make money irrespective of whether their unit-holders do or not. Last year most mutual funds did quite badly. Not so the AMCs. Most of them had a great year. But here is the issue. If as a unit-holder you wanted to know how much the AMCs made, it...

Read More



The asset management companies of mutual funds make money irrespective of whether their unit-holders do or not. Last year most mutual funds did quite badly. Not so the AMCs. Most of them had a great year. But here is the issue. If as a unit-holder you wanted to know how much the AMCs made, it...

Read More



When ONGC came out with its IPO, it promised an oil production of 49 million tonnes (MT) in 2011-12. Production is now stuck below 30MT When ONGC, India’s biggest oil company, came out with its Initial Public Offering (IPO) in March 2004 and collected Rs 10,000 crore, the company had planned...

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Standard Chartered Bank (Stanchart) of the UK is in line to become the first issuer of Indian Depository Receipts (IDRs) after it obtained a green signal for its fund raising from the Reserve Bank of India (RBI).   Stanchart will now file a prospectus with the Securities and Exchange Board of...

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In a move that will change the mutual fund distribution game, the Securities and Exchange Board of India (SEBI) is likely to ensure that mutual funds are sold by stock brokers off their trading screens. The fund units will be lodged in the demat accounts of unitholders.   Currently, secondary...

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In a move that will change the mutual fund distribution game, the Securities and Exchange Board of India (SEBI) is likely to ensure that mutual funds are sold by stock brokers off their trading screens. The fund units will be lodged in the demat accounts of unitholders.   Currently, secondary...

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The Securities and Exchange Board of India’s decision to scrap entry loads on mutual funds has not gone down well with the mutual fund companies but they seem to have no strategy now to combat it. In the general body meeting of the Association of Mutual Funds in India (AMFI) held yesterday,...

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The Securities and Exchange Board of India’s decision to scrap entry loads on mutual funds has not gone down well with the mutual fund companies but they seem to have no strategy now to combat it. In the general body meeting of the Association of Mutual Funds in India (AMFI) held yesterday,...

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Incessant rains and hailstorms in Nashik —the wine capital of India—and other parts of Maharashtra last week has sent over 40 wineries in Maharashtra scrambling for cover. The crops sowed in over 3,000 hectares of land in the region have been completely destroyed in the recent torrential...

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India’s leading television broadcaster Multi Screen Media Private Limited (MSMP), —erstwhile Sony Entertainment Television—has entered into an exclusive agreement with Yash Raj Films (YRF) to produce a mix of fiction and non-fiction serials which will be exclusive for the channel.   According...

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After a strong rally in September and a slew of positive news, the market is looking forward expectantly to the second quarter results. However, the trend will not be significantly different from the June quarter. That trend was muted sales growth and strong profit growth. “We expect the same...

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After a strong rally in September and a slew of positive news, the market is looking forward expectantly to the second quarter results. However, the trend will not be significantly different from the June quarter. That trend was muted sales growth and strong profit growth. “We expect the same...

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Revital and I-pill are the best-selling drugs dislodging perennial favourites, cough syrups and vitamins. Pre-sex and post-sex drugs of Ranbaxy and Cipla are selling at a scorching pace For years, cough syrups and vitamins used to dominate the list of best-selling drugs in India. But now, for...

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Revital and I-pill are the best-selling drugs dislodging perennial favourites, cough syrups and vitamins. Pre-sex and post-sex drugs of Ranbaxy and Cipla are selling at a scorching pace For years, cough syrups and vitamins used to dominate the list of best-selling drugs in India. But now, for...

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Revital and I-pill are the best-selling drugs dislodging perennial favourites, cough syrups and vitamins. Pre-sex and post-sex drugs of Ranbaxy and Cipla are selling at a scorching pace For years, cough syrups and vitamins used to dominate the list of best-selling drugs in India. But now, for...

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