INVESTOR INTEREST


Moneylife Digital Team 04 June 2010
SEBI plans to enlist banks to help boost sales of mutual fund schemes, especially the schemes of mutual funds sponsored by banks. However, this move may not work The much-hyped online mutual fund platforms on the Bombay Stock Exchange and the National Stock Exchange have mostly turned out to...

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Moneylife Digital Team 04 June 2010
A break in the 17,300-16,800 band will determine the direction The market ended higher today; however, confusion exists in the street about the long-term sustainability of the rally as the crisis in the eurozone is yet to be resolved. The Sensex ended 95 points (0.5%) higher at 17,117 while the...

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Pallabika Ganguly 04 June 2010
Four retailers will be approaching various High Courts across the country to seek a stay order on service tax on commercial rentals Four retailers will be approaching various High Courts across the country to seek a stay order on the service tax on commercial rentals that was imposed in this...

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Ravi Samalad 04 June 2010
The regulator is working on guidelines which will require debt schemes to have a T-bill or a G-security rate as their first benchmark; industry experts have mixed views on SEBI’s latest move Market regulator Securities and Exchange Board of India (SEBI) is looking at realigning the benchmark...

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Moneylife Digital Team 04 June 2010
Gurgaon-based Lanco Infratech Ltd said it won a contract, worth Rs91.66 crore, from Airports Authority of India (AAI) for construction of a new terminal building at Biju Patnaik Airport in Bhubaneswar. On Friday, Lanco Infratech shares ended 1.2% down at Rs63 on the Bombay Stock Exchange,...

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Moneylife Digital Team 04 June 2010
Welspun Corp Ltd, the flagship company of the Welspun Group, said it won few orders worth Rs700 crore for pipes and plates. With the addition of these orders, the current order book of the company stands at Rs7,100 crore without excluding the orders being executed in the current quarter. On...

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Moneylife Digital Team 04 June 2010
Lupin Ltd said its US subsidiary Lupin Pharmaceuticals has received US Food and Drug Administration (USFDA) approval for its lamotrigine in tablets form.   Lamotrigine tablets, used in the treatment of bipolar-I disorder, are a generic version of GlaxoSmithKline's branded drug Lamictal, the...

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Moneylife Digital Team 04 June 2010
Steelware exporter, Varun Industries Ltd said it signed a memorandum of understanding (MoU) with the government of Karnataka to set up a steel plant at the cost of Rs304 crore at Bagalkote district. In a regulatory filing, the Mumbai-based company said it has been allotted 500 acres of land...

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Moneylife Digital Team 03 June 2010
SEBI has proposed wide-ranging changes in the way fund performance is currently presented. But it is not clear whether investors will know how to use it and whether they will Market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of quantitative measures for...

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Moneylife Digital Team 03 June 2010
SEBI has proposed wide-ranging changes in the way fund performance is currently presented. But it is not clear whether investors will know how to use it and whether they will Market regulator Securities and Exchange Board of India (SEBI) has proposed a new set of quantitative measures for...

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Moneylife Digital Team 03 June 2010
The stock markets have taken a plunge in May. Based on past patterns, what should we expect for the month of June? Here is a study of the historical behaviour of the markets over the past 20 years The stock markets have taken a beating during the month of May. The Sensex ended the month of May...

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Moneylife Digital Team 03 June 2010
The stock markets have taken a plunge in May. Based on past patterns, what should we expect for the month of June? Here is a study of the historical behaviour of the markets over the past 20 years The stock markets have taken a beating during the month of May. The Sensex ended the month of May...

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Moneylife Digital Team 03 June 2010
A look at the multiplex operator’s performance over the past eight quarters indicates that its projected performance is impossible to achieve PVR Ltd has 136 screens currently and claims to have plans to add 120-150 screens over the next two years, which it hopes will boost its flagging net...

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After trying out every trick in the book, insurance agents are now coming up with misleading domain names that mimic LIC’s official website Insurance agents are trying to typo-squat to garner business. Typo-squatting is a form of cyber-squatting which relies on typographical errors made by...

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Moneylife Digital Team 03 June 2010
The short-term uptrend will possibly continue till 17,300 when the first test of this up-move happens The market was in the positive zone for the entire trading session on strong US housing data and Indian services sector data for May 2010. The Sensex ended at 17,022, up 280 points (1.6%) while...

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Moneylife Digital Team 03 June 2010
Housing prices are again reaching for the skies; demand is stagnating. How much should prices fall for the market to be reasonably valued? When can that come about? Moneylife reporters and analysts offer some answers After a brief period of calm and serenity, following the crash in the...

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Moneylife Digital Team 03 June 2010
Punj Lloyd Ltd said it won a contract, worth Rs96 crore, from Hyundai Engineering & Construction Co Ltd. In a regulatory filing, the company said its scope of work includes installation of steel structure, equipment and piping on habshan-5 utilities & off-sites project in UAE. On...

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Moneylife Digital Team 03 June 2010
Glenmark Pharmaceuticals Ltd, said it appointed Dr Penelope (Penny) Ward as its new president for clinical research and development (R&D) and chief medical officer. Dr Ward will be based at Glenmark’s Clinical R&D centre at Oxford in UK. She will oversee the entire clinical development...

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Moneylife Digital Team 03 June 2010
Global alternative asset manager Carlyle Group has invested $22 million in private sector dairy company Tirumala Milk Products Pvt Ltd. The funds will be used for expanding its procurement network, processing capacity, entry into new markets and for the manufacture of new value added products.

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Moneylife Digital Team 03 June 2010
Real estate developer Omaxe Ltd said it launched ‘Naffhil Homes’, its first budget homes at Allahabad in Uttar Pradesh. To be constructed over an area of about 20 acres, this affordable housing project will be a part of around 1,535 acre ‘Omaxe Waterfront Hi-Tech City’ project, the company said...

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