INVESTOR INTEREST


Moneylife Digital Team 02 July 2010
Its bigger competitors Jagran Prakashan and DB Corp are trading at higher prices Hindustan Media Ventures Ltd (HMVL), the publisher of Hindi daily ‘Hindustan’, is coming out with an initial public offer (IPO) on 5 July 2010. The company has fixed the price band at Rs162-Rs175 per share and...

Read More



Moneylife Digital Team 02 July 2010
The total assets under management of the 39 fund houses in the country plunged by Rs1.27 lakh crore or 16% in June. The largest fund house, Reliance MF, witnessed a drop of 15% in its AUM to Rs1.01 lakh crore The mutual fund (MF) industry saw a sharp decline in its total assets in June—with...

Read More



Amritha Pillay 02 July 2010
MIDC plans to invite bids for its planned 1,000MW power plant project in Maharashtra’s Chandrapur district. The corporation was earlier planning a power SEZ in this location, to ensure cheap power for the State After initially announcing plans for developing a power special economic zone (SEZ),...

Read More



Moneylife Digital Team 02 July 2010
Developers will be unwilling to absorb this new tax burden and will pass it onto the buyers, Jones Lang LaSalle Meghraj senior vice-president for capital markets Gautam Hora said Home prices will increase by about 2.5% with the implementation of service tax on the residential segment with...

Read More



Pallabika Ganguly 02 July 2010
The company holds 350 acres of land in its portfolio, and is adopting a strategy of selling land parcels outright rather than develop them Emerald Acres Pvt Ltd, a land bank company owned by Madhur Bajaj, vice-chairman of Bajaj Auto, is planning to enter the market in the next four months and...

Read More



Sanket Dhanorkar 01 July 2010
The planned new US law regulating banking and financial services firms puts severe restraints on their functioning and profitability. Since Indian software companies derive most of their revenues from this segment, will it impact them? The Obama-led US administration is up in arms against the...

Read More



Moneylife Digital Team 01 July 2010
The Sensex is trapped between 17,700 and 17,400. The bias, however, is to the downside The market, which began the session on a weak note, following negative cues from across the globe, tumbled over 1% at the end of trade. While Wall Street ended lower on Wednesday, lower manufacturing growth...

Read More



Moneylife Digital Team 01 July 2010
The country's largest private sector lender ICICI Bank on Wednesday pegged its minimum lending rate at 7.5%, the same as State Bank of India's (SBI) rate. "ICICI Bank base rate (I-Base) is fixed at 7.5%, effective 1st July," the lender said in a statement. The existing benchmark prime lending...

Read More



Moneylife Digital Team 01 July 2010
India's Fortis Healthcare Ltd today responded to Malaysian sovereign wealth fund Khazanah's bid to control Singapore-based Parkway Holdings by offering to acquire all the shares of the company. Fortis has made an offer of S$3.80 per piece to acquire Parkway against Khazanah's offer of S$3.78 a...

Read More



Same stock, same day, same broker. One call is buy,  while another is sell! Brokerage houses in India can be trusted to make disastrous calls and recommendations on markets. What if someone advises you to buy and sell the same scrip at the same time? This dubious distinction was achieved by...

Read More



Moneylife Digital Team 01 July 2010
Chennai-based TVS Motor Company today reported a 35.72% increase in its total two- wheeler sales in June at 1,56,685 units. The company had sold 1,15,448 units in the corresponding month last year, TVS Motor Company said in a statement. Motorcycle sales of the company during the last month...

Read More



Moneylife Digital Team 01 July 2010
Reversing its earlier decision, the US Exim Bank has agreed to provide $600 million in loan guarantees to suppliers for Reliance Power's (RPL) coal-fired project and a mine in Sasan, Madhya Pradesh. Wednesday's announcement would help preserve 1,000 jobs in Wisconsin and 13 other states. Last...

Read More



Moneylife Digital Team 01 July 2010
The country's largest car maker, Maruti Suzuki India, today reported a 17.28% jump in June sales to 88,091 units over the same month last year. The company had sold 75,109 units in June last year, Maruti Suzuki India (MSI) said in a statement. In the domestic market, Maruti sold 72,812 units...

Read More



Another fancy fund idea bites the dust To gather assets, fund houses dream up all sorts of fancy schemes. Most of them are of no value to investors. Some of them are so audacious as to be breathtaking. Worse, some schemes don’t even bother about standard risks. Investing abroad through Indian...

Read More



Moneylife Digital Team 01 July 2010
How many infrastructure funds do we need? Well, there are 37 fund houses… Every personal products company has its version of shampoo. Each fund company has to have its variety of infrastructure fund. Some have even multiple infrastructure funds. Recently Bharti AXA launched its Focused...

Read More



Moneylife Digital Team 01 July 2010
How many infrastructure funds do we need? Well, there are 37 fund houses… Every personal products company has its version of shampoo. Each fund company has to have its variety of infrastructure fund. Some have even multiple infrastructure funds. Recently Bharti AXA launched its Focused...

Read More



It is hard to figure out which mutual fund schemes will be among the best. But, for some strange reason, it is easy to see which fund house is the worst JM Financial Mutual Fund has created a unique position for itself in the mutual fund industry. Its schemes continue to be among the worst...

Read More



There is a huge diversion in the expense ratios of debt funds, despite belonging to the same category. Such high costs are unjustified when compared to the low returns offered by these funds. For instance, the JM Income Fund has provided measly returns of 2% during 2009-10, while investors in...

Read More



Banswara Syntex is growing fast and is available cheap Even when the market valuations of many fancy and large-cap stocks are running high, there are some that are still available at reasonable valuations. One such company is Banswara Syntex. We have suggested looking at Banswara earlier...

Read More



Moneylife Digital Team 01 July 2010
AV Cottex (Rs34) Manipulation seems to be rampant in AV Cottex. This company is in the business of trading in cotton yarn. In the March 2010 quarter, it posted sales of Rs3.06 crore. This was a remarkable achievement because there have been six quarters when the company did not post any...

Read More

Free Helpline
Legal Credit
Feedback