INVESTOR INTEREST


Moneylife Digital Team 27 May 2010
A third day of rally is guaranteed, but what’s next? The market closed near the high point of the day amid a high degree of choppiness, normally seen on the futures & options (F&O) expiry day. The sluggish opening on the back of a negative close on Wall Street overnight gradually led to a...

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Moneylife Digital Team 27 May 2010
Prices of metals and crude have been on a freefall while gold is running higher. This may not be what the bulls wanted to see Over the past two weeks, all eyes have been focused on the declining equity markets all over the world. But equally battered have been commodities like metals and...

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Unscrupulous ‘agents’ are trying new ways to sell insurance products by peddling unauthorised schemes which have no approval from insurers It looks like peddlers of snake oil are now focussing on insurance products. Local trains in Mumbai are plastered with advertisements of an ‘incredible’...

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Pallabika Ganguly 27 May 2010
Corporate houses are moving from south Mumbai to the central suburbs and Navi Mumbai due to low rentals and higher space availability In the Mumbai Metropolitan Region (MMR), corporate houses are looking at occupying offices in the extended central business district (ECBD)—which includes areas...

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Moneylife Digital Team 27 May 2010
India's leading auto company, Tata Motors reported a net profit of Rs2,571.06 crore during the year 2009-10 against Rs2,505.25 crore loss in the previous fiscal. Its total revenues were at Rs92,519.25 crore posting a growth of 30.5% over Rs70,880.95 crore in the previous year. However, the...

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Moneylife Digital Team 27 May 2010
Asia's largest IT trainer, NIIT Ltd said it launched a cutting edge training program based on Microsoft Azure Platform. The initiative by NIIT will allow students to look at the next generation development opportunities and job roles as 'SaaS' (Software As A service) becomes more prevalent...

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Moneylife Digital Team 27 May 2010
Kemrock Industries and Exports Ltd said it bought 80% stake in Italy-based pultruded composite profiles producer Top Glass SpA for an undisclosed amount. On Thursday Kemrock Industries and Exports shares ended 6.24% up at Rs566.25 on the Bombay Stock Exchange, while the benchmark Sensex closed...

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The State-run lender is looking at speeding up the process for transactions linked to a savings account, through mobile phones For a long time, we have been dreaming of paying a vegetable vendor without actually giving him physical cash, or going to a restaurant without a stuffed wallet. All...

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Moneylife Digital Team 26 May 2010
Pharmaceutical company Jubilant Organosys Ltd said it repaid $69 million debt by raising $85 million through qualified institutional placement (QIP). The company has made the repayment for foreign currency convertible bonds (FCCBs) worth $50 million along with the $19 million yield to maturity...

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Moneylife Digital Team 26 May 2010
In a filing to Bombay Stock Exchange (BSE), Valecha Engineering Ltd said its consortium won a highway project (Kazstroy-Valecha) worth Rs509 crore in Orissa. The project is to be build on build, operate and transfer (BOT) basis. On Wednesday Valecha Engineering shares ended 13.33% up at...

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Moneylife Digital Team 26 May 2010
Hyderabad-based IVRCL Infrastructures & Projects Ltd (IVRCL) said its buildings, transportation and water divisions have won construction orders worth Rs567.36 crore. In a regulatory filing, the company said its first order, worth Rs122.8 crore, includes extension of Bihar Vidhan Sabha and...

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Moneylife Digital Team 26 May 2010
Most of the big retail brands are struggling to survive in India, as they are still figuring out which revenue models will work in the country Remember when organised retail made its entry into the country, it was touted as the best thing that had ever happened to the industry? Now, the dust is...

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Moneylife Digital Team 26 May 2010
The market has started a laboured rise subject to dips The market made a splendid recovery today, rising from the three-month closing low witnessed on Tuesday. The strong opening by its Asian counterparts and a clutch of good corporate news kept the momentum in the positive terrain in the early...

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Moneylife Digital Team 26 May 2010
The market regulator has sought details from Artha Property for its Blue Mountain Estates scheme in Ooty to see if it falls under the ambit of a collective investment scheme Market watchdog Securities and Exchange Board of India (SEBI) has initiated a preliminary enquiry into the Artha...

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Moneylife Digital Team 26 May 2010
The market regulator has sought details from Artha Property for its Blue Mountain Estates scheme in Ooty to see if it falls under the ambit of a collective investment scheme Market watchdog Securities and Exchange Board of India (SEBI) has initiated a preliminary enquiry into the Artha...

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Moneylife Digital Team 25 May 2010
After they rallied with the herd during the recent run-up in the stock markets, reality has hit stocks Each time a bull-run occurs, the stock markets take along most of the market constituents on the joyride, regardless of company fundamentals and outlook. During the rally that began in March...

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Moneylife Digital Team 25 May 2010
After they rallied with the herd during the recent run-up in the stock markets, reality has hit stocks Each time a bull-run occurs, the stock markets take along most of the market constituents on the joyride, regardless of company fundamentals and outlook. During the rally that began in March...

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Moneylife Digital Team 25 May 2010
The last big wave of selling is on the cards The market witnessed a steep plunge, closing at a three-month low on the back of negative global cues. The Sensex plunged 509.40 points in intraday trade to go below the 16,000 level. It shut at 16,022.48, down 447.02 points (2.71%). The Nifty...

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Ravi Samalad 25 May 2010
The retail investor category was subscribed 0.01 times while the FII category received zero bids Standard Chartered Plc’s Indian depository receipts (IDR) issue, which hit the market today, has received a lacklustre response from foreign institutional investors (FIIs) and retail investors.

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Ashpreet Sethi 25 May 2010
The global conglomerate is selling a number of its consumer electronic and home appliance products in India. However, getting through to the company for any kind of customer service can be a daunting task Chinese manufacturers have swamped the globe with their low-priced products. Walk down...

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