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Date: 01/10/2014
Weekly wrap: Large caps slip; investors bargain hunt in mid, small caps
Weekly wrap: Large caps slip; investors bargain hunt in mid, small caps The RBI kept benchmark rates unchanged at its monetary policy review on Tuesday, and at the same signaled that the next rate cut was unlikely before end 2015, if at all.
Date: 01/10/2014
TCS has gained 10% this month, is it time to book profits?
TCS has gained 10% this month, is it time to book profits? TCS has been on a purple patch over the past few quarters and there is no reason to believe that the performance will be anything which we have not seen in the previous quarters, says Dipan Mehta.
Date: 01/10/2014
Reserve Money for the week ended September 26, 2014 and Money Supply for the fortnight ended September 19, 2014
Reserve Money for the week ended September 26, 2014 and Money Supply for the fortnight ended September 19, 2014 Reserve Money for the week ended September 26, 2014 and Money Supply for the fortnight ended September 19, 2014
Date: 01/10/2014
Prefer Alok Industries: Rahul Mohinder
Rahul Mohindar Rahul Mohinder of viratechindia.com is of the view that one may prefer Alok Industries with a target of Rs 17-18.
Date: 01/10/2014
91-days Treasury Bills auction: ` 9,000 crore under regular auction
91-days Treasury Bills auction: ` 9,000 crore under regular auction 91-days Treasury Bills auction: ` 9,000 crore under regular auction
Date: 01/10/2014
182-days Treasury Bills auction: ` 6,000 crore under regular auction
182-days Treasury Bills auction: ` 6,000 crore under regular auction 182-days Treasury Bills auction: ` 6,000 crore under regular auction
Date: 01/10/2014
20 stocks to play upturn in economy: Morgan Stanley
20 stocks to play upturn in economy: Morgan Stanley The macro story is backed by demographics, productivity and globalization implying trend growth of 6.5-7 percent. Profits are likely to gain share in GDP from their historically depressed levels, implying a CAGR of around 19 percent in the next five years.
Date: 01/10/2014
TCS gained 10% in Sept: Is it time to exit? Experts analyse
Dipan Mehta Dipan Mehta, Member - BSE NSE says that September is anyway seasonally a strong quarter for TCS. It is the quarter with highest margins and with the rupee now depreciating, the stock will get some currency headwinds.
Date: 01/10/2014
Prefer Dishman Pharma on declines: Mayuresh Joshi
Mayuresh Joshi Mayuresh Joshi of Angel Broking is of the view that one may bet on Dishman Pharma on declines.
Date: 01/10/2014
Alpa Laboratories sells its unit to Ipca Laboratories
Alpa Laboratories sells its unit to Ipca Laboratories Alpa Laboratories has sold its Unit-II situated at Sector III, Pithampur, Dhar (M.P.) as a going concern on a slump sale basis to Ipca Laboratories Limited.
Date: 01/10/2014
Solid Containers appoints Reshma Rao as additional director
Solid Containers appoints Reshma Rao as additional director Solid Containers Ltd has informed BSE that the Board of Directors at its Meeting held on September 05, 2014, had appointed Ms. Reshma Rao as an Additional Director to hold office till the date of the ensuing Annual General Meeting.
Date: 01/10/2014
Health Canada issues import ban on Apotex India, IPCA
Health Canada issues import ban on Apotex India, IPCA The Canadian regulator said IPCA has not disputed the FDA findings with Health Canada even as the FDA has not issued a recall of any of the affected products.
Date: 01/10/2014
Health Canada issues import ban on Apotex India, IPCA
Health Canada issues import ban on Apotex India, IPCA The Canadian regulator said IPCA has not disputed the FDA findings with Health Canada even as the FDA has not issued a recall of any of the affected products.
Date: 01/10/2014
Increase in Foreign investment limit in an Indian Company under PIS - M/s Apollo Tyres Limited
Increase in Foreign investment limit in an Indian Company under PIS - M/s Apollo Tyres Limited Increase in Foreign investment limit in an Indian Company under PIS - M/s Apollo Tyres Limited
Date: 01/10/2014
Solid Containers appoints Reshma Rao as additional director
Solid Containers appoints Reshma Rao as additional director Solid Containers Ltd has informed BSE that the Board of Directors at its Meeting held on September 05, 2014, had appointed Ms. Reshma Rao as an Additional Director to hold office till the date of the ensuing Annual General Meeting.
Date: 01/10/2014
Integrated fuel facility at Mumbai Airport gets CCI nod
Integrated fuel facility at Mumbai Airport gets CCI nod Post execution of shareholding pact between them, each would have 25 percent stake in Mumbai Aviation Fuel Farm Facility Ltd, which is currently a wholly-owned subsidiary of Mumbai International Airport.
Date: 01/10/2014
PM Modi committing to results: CII Prez Ajay Sriram
Ajay Sriram India Inc has lauded the PM efforts to attract investments in his maiden US visit.
Date: 01/10/2014
Choppy Sensex closes lower; heavyweights drag, IT shines
Choppy Sensex closes lower; heavyweights drag, IT shines Experts believe the consolidation may continue in near term with downward bias. According to them, the market will get direction from September quarter earnings (will begin on September 10 with Infosys) and two state elections (Maharashtra and Haryana) in October.
Date: 01/10/2014
RPower plans Rs 50,000 cr capex over next 5 years
RPower plans Rs 50,000 cr capex over next 5 years RPower chairman Anil Ambani said the company has invested in projects like the 600-mw Butibori project in Maharashtra, the 4,000-mw Sasan UMPP and coal production in the region, the 40-mw solar project in Rajasthan and other wind-based projects.
Date: 01/10/2014
Mahindra launches 110-cc scooter Gusto DX Gusto VX
Mahindra launches 110-cc scooter Gusto DX  Gusto VX In order to push campaign for the new scooter across India, the firm plans to spend around Rs 50 crore this fiscal. "We would start a series of TV and newspaper advertisement and lot of ground activities.
Date: 01/10/2014
FMC chairman Ramesh Abhishek may get another extension
FMC chairman Ramesh Abhishek may get another extension Abhishek, a 1982 batch officer of the Indian Administrative Officer (Bihar cadre), is continuing as chairman of the commodity markets regulatory body FMC on a three months' extension that will end next week.
Date: 01/10/2014
Maruti, employees to donate Rs 2 cr for JK flood relief
Maruti, employees to donate Rs 2 cr for JK flood relief The donation will be to strengthen the relief and rebuilding efforts of the government for victims of the floods in Jammu and Kashmir, the company said in a statement.
Date: 01/10/2014
Mallya gets shareholders' nod to continue as USL chairman
Mallya gets shareholders' nod to continue as USL chairman Diageo said other members of USL board -- Paul Walsh, Ravi Rajagopal and PA Murali would continue in their respective positions.
Date: 01/10/2014
Coal mines auction policy and methodology being revisited
Coal mines auction policy and methodology being revisited The Ministry said that the IMC may consist of the ministries of power, steel, law and Department of Industrial Policy and Promotion.
Date: 01/10/2014
India to grow 5.6% this fiscal, 6.5% in FY'16: Fitch
India to grow 5.6% this fiscal, 6.5% in FY'16: Fitch Fitch expects GDP growth to pick up to 5.6 percent in FY15 (ending in March) and 6.5 percent in both FY16 and FY17, the agency said in its global economic outlook report.
Date: 01/10/2014
Prime Property: Lodha's London gameplan
Manasvi Ghelani Mumbai based Lodha group will invest a jaw-dropping USD 5 billion in Central London over the next few years. Lodha meanwhile roped in one of London‚??s most famous interior designers for its newest launch in Mumbai. Manasvi Ghelani spoke with Abhishek Lodha, MD of Lodha Group.
Date: 01/10/2014
mPedigree: Identify contaminated drugs with a simple SMS
mPedigree: Identify contaminated drugs with a simple SMS Young Turks International takes you straight to Ghana and brings you the story of mPedigree that helps users identify counterfeit and contaminated drugs with a simple SMS.
Date: 01/10/2014
ONGC related vessels to get operational this month: Seamec
CJ Rodricks The company is gearing up for a five-year contract with ONGC worth USD 75 million.
Date: 01/10/2014
Nifty ends below 7950; IT surges, Hero up, Maruti falls 3%
Nifty ends below 7950; IT surges, Hero up, Maruti falls 3% Wipro, Infosys, MM, TCS and Hero were top gainers. On the losing side were Maruti, Tata Steel, GAIL, Tata Power and Reliance.
Date: 01/10/2014
Videocon moves SC against Bombay HC order
Videocon moves SC against Bombay HC order The apex court has stayed Bombany High Court‚??s order and has Videocon to create a lien on its fixed deposits of Rs 120 crore. The SC will hear Videocon‚??s plea in December.
Date: 01/10/2014
Nifty hovers around 7950; gold near 9-month low
Nifty hovers around 7950; gold near 9-month low Gold extended losses to trade near a nine-month low and looked likely to break below the key USD 1,200-an-ounce level, clobbered by a stronger dollar and lack of support from top buyer China.
Date: 01/10/2014
No finding received on Rs 30cr tax evasion charge: DLF
No finding received on Rs 30cr tax evasion charge: DLF DLF said industry players have sought clarification with the tax authorities on the issue of service tax on development rights.
Date: 01/10/2014
Future e-tail: Biyani's cashback won't beat online deals
Future e-tail: Biyani's cashback won't beat online deals In a full page ad today in several newspapers, Kishore Biyani‚??s Future Retail, one of the country‚??s largest modern retailers, announced a grand 12-day scheme starting October 1 in which shoppers would get back varying amounts of cashback on their purchases.
Date: 01/10/2014
NTPC signs coal-swapping agreement with GSEC
NTPC signs coal-swapping agreement with GSEC "With the initial swap of 10 lakh MT of coal, Gujarat will save Rs 140 crore. Later, when 25 lakh MT of coal will be swapped, Gujarat will save Rs 400 crore, while NTPC will save Rs 500 crore, taking the total amount of mutual benefit to Rs 900 crore," an official release quoted Patel as saying.
Date: 01/10/2014
Equity NAVs end mixed as markets end flat
Equity NAVs end mixed as markets end flat Equity Mutual Funds closed with mixed returns as market close with marginal gains on Tuesday amid announcement of RBI policy.
Date: 01/10/2014
Sole banker for Rs 500cr Cochin airport loan: Federal Bank
Shyam Srinivasan Infra lending including power, road, rails for the bank is around 8-8.5% of the total loan book, which is around Rs 3,500 crore, said Shyam Srinivasan of Federal Bank.
Date: 01/10/2014
Softening of food inflation to help reach 6% target: Gokarn
Subir Gokarn In an interview to CNBC-TV18, Subir Gokarn, Director of Research, Brookings India, said Governor Rajan has maintained the consistency of his message of inflation being the top priority.
Date: 01/10/2014
Sensex, Midcap volatile; ITC, Reliance, HDFC, ONGC slip
Sensex, Midcap volatile; ITC, Reliance, HDFC, ONGC slip Tata Steel and Maruti Suzuki shed 2.5 percent each followed by ITC, Reliance Industries, HDFC, ONGC, Hindustan Unilever and Gail India with 1-1.8 percent loss. Top lenders like State Bank of India, HDFC Bank and ICICI Bank were down 0.7 percent, 0.77 percent and 0.2 percent, respectively.
Date: 01/10/2014
Maruti Suzuki September sales up 4.6%; exports dip
Maruti Suzuki September sales up 4.6%; exports dip Maruti Suzuki, India‚??s largest carmaker, notched up domestic passenger vehicle sales of 99,290 in September, data released by the firm today show, 9.8 percent higher than the 90,399 units sold in the same month last year.
Date: 01/10/2014
Factories expanded slowest in Sept this year: HSBC PMI
Factories expanded slowest in Sept this year: HSBC PMI The HSBC Manufacturing Purchasing Managers' Index (PMI), compiled by Markit, fell to 51.0 in September from 52.4 in August but sustained above the 50 mark for the eleventh month. A reading above 50 separates growth from contraction.
Date: 01/10/2014
IT stocks up, autos in focus; Sensex, Nifty sluggish
IT stocks up, autos in focus; Sensex, Nifty sluggish Auto companies are in focus as September sales are announced. Wipro, TCS, Infosys, Hero MotoCorp and NTPC are top gainers while Maruti, Tata Steel, GAIL, ITC and ONGC are laggards.
Date: 01/10/2014
IT surges, Maruti Tata Steel down 2%; Sensex choppy
IT surges, Maruti  Tata Steel down 2%; Sensex choppy Technology stocks saw huge buying interest on depreciation in rupee. TCS, Infosys and Wipro rallied 1-3 percent.
Date: 01/10/2014
Sensex, Nifty flat; Hero Motocorp gains 2%, Wipro rises
Sensex, Nifty flat; Hero Motocorp gains 2%, Wipro rises Auto sector will remain in focus today with all auto companies are going to announce their September auto sales data. Hero Motocorp's total September sales came in 30 percent higher at 6 lakh units.
Date: 01/10/2014
China's September official PMI steady at 51.1
China's September official PMI steady at 51.1 The official Purchasing Managers' Index (PMI) hovered at 51.1, the National Bureau of Statistics said on Wednesday, a touch ahead of forecasts for a 51.0 reading.
Date: 01/10/2014
JPMorgan to face US class action in $10 bn MBS case
JPMorgan to face US class action in $10 bn MBS case US District Judge Paul Oetken in Manhattan certified a class action as to JPMorgan's liability but not as to damages, saying it was unclear how investors could value the certificates they bought, given how the market was "not particularly liquid."
Date: 30/09/2014
Prez Obama wants stabilisation in Indo-US relations: Expert
Prez Obama wants stabilisation in Indo-US relations: Expert Watch the interview of Strobe Talbott, President of Brookings Institution with Shereen Bhan of CNBC-TV18. He spoke about President Obama and Prime Minister Narendra Modi's meeting scheduled for later in the day on Tuesday.
Date: 30/09/2014
RBI's Maiden Inflation Report
Latha Venkatesh The RBI today released what comes closest to an inflation report, along with the monetary policy statement. CNBC-TV18's Latha Venkatesh has details about the model that the RBI is going to work with and the scenarios that it painted in terms of what could change its projections for growth and inflation over the next 18 months.
Date: 30/09/2014
Non-subsidised LPG cylinder price cut by Rs 21; ATF 3%
Non-subsidised LPG cylinder price cut by Rs 21; ATF 3% A non-subsidised 14.2-kg cooking gas cylinder will now cost Rs 880, down from Rs 901, in Delhi, according to Indian Oil Corp (IOC).
Date: 30/09/2014
Modi needs to restore trust in how people see India: Banga
Ajay Banga According to Ajay Banga, President CEO, MasterCard, reading between the lines, Modi is trying to say that Rome wasn't built in a day. On issues such as retrospective taxation, the fact that he has given reassurance about the holding back of future such tax action is important, he adds.
Date: 30/09/2014
Petrol price cut by 65p;diesel rate to wait for PM's return
Petrol price cut by 65p;diesel rate to wait for PM's return State-owned oil firms, which skipped raising rates on September 16 even though their cost had gone up, cut prices in view of the downward trend in international markets. Petrol price was reduced by 54 paisa a litre without including local sales tax or VAT, with effect from midnight tonight.
Date: 30/09/2014
'Investors want Modi to commit to no more retro tax moves'
Anand Mahindra Mahindra Group chairman Anand Mahindra says all investors are looking for is a commitment or an unequivocal promise from Prime Minister Modi that instances of retrospective taxation won't happen in the future. Investors are not looking for immediate repeal of retro tax, he adds.
Date: 30/09/2014
Global inflation easing, we can import disinflation: Rajan
Raghuram Rajan In his bi-monthly monetary policy announced today, Rajan kept rates unchanged but sounded caution as far as meeting the 2016 consumer price index (CPI) target of 6 percent is concerned.
Date: 30/09/2014
System has flexibility to deal with loans: Guv on Coalgate
Raghuram Rajan He was replying to a specific question on bankers saying that they may ask for some flexibility from RBI in showing some "regulatory forbearance" in the face of the Supreme Court order last week.
Date: 30/09/2014
Asian cities claim 8 spots on top20 billionaire cities list
Asian cities claim 8 spots on top20 billionaire cities list According to the Wealth-X and UBS Billionaire Census 2014, in Asia the billionaire population continued to increase in size and economic significance, with 30 percent of the net increase in total billionaire wealth coming from the region.
Date: 30/09/2014
Apollo-Sanofi alliance to set up 100 sugar clinics in 2015
Prathap C Reddy The outlay of the company for the first 50 clinics that will be set up by the end of this year, is set to be Rs 200 crore, says Prathap Reddy, Chairman - Apollo Hospitals, adding that another 100 clinics will be set up in 2015.
Date: 30/09/2014
Nu Tech Corporate Services: Outcome of AGM
Nu Tech Corporate Services: Outcome of AGM Nu Tech Corporate Services has informed that the 25th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
Tantia Constructions: Resignation of Director
Tantia Constructions: Resignation of Director Tantia Constructions has informed that Sri Umashankar Agarwal, Non-Executive Independent Director of the Company has resigned from the Board of Directors of the Company.
Date: 30/09/2014
Glittek Granites: Outcome of AGM
Glittek Granites: Outcome of AGM Glittek Granites has informed that the 24th Annual General Meeting (AGM) of the Company was held on September 29, 2014. The Company has submitted a copy of Scrutinizer Report in this regard.
Date: 30/09/2014
Nitin Fire Protection Industries: Board recommends Bonus Issue
Nitin Fire Protection Industries: Board recommends Bonus Issue Nitin Fire Protection Industries has board meeting held on September 30, 2014, has considered and approved the following: 1. Appointed Mr. Nitin M. Shah as the Managing Director and also as Key Managerial Personnel of the Company w.e.f. September 30, 2014, for a period of 3 (three) years.
Date: 30/09/2014
'Kem Cho,' Obama to Modi at the White House
'Kem Cho,' Obama to Modi at the White House As Obama hosted Modi for dinner, the local Indian- Americans celebrated the Modi-Obama meeting by organising a cultural event and performing "Garba" dance in front of the White House.
Date: 30/09/2014
Colinz Laboratories: Outcome of AGM
Colinz Laboratories: Outcome of AGM Colinz Laboratories has informed that the Annual General Meeting (AGM) of the Company was held on September 30, 2014 all the six resolutions set out in the Notice, were carried unanimously.
Date: 30/09/2014
Ikab Securities Investment: Outcome of AGM
Ikab Securities  Investment: Outcome of AGM Ikab Securities Investment has informed that the Annual General Meeting (AGM) of the Company was held on September 29, 2014.
Date: 30/09/2014
Parabolic Drugs: Outcome of AGM
Parabolic Drugs: Outcome of AGM Parabolic Drugs has informed that the 18th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
Amani Trading Exports: Outcome of AGM
Amani Trading  Exports: Outcome of AGM Amani Trading Exports has informed that the 30th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
Mahindra CIE Automotive: Outcome of AGM
Mahindra CIE Automotive: Outcome of AGM Mahindra CIE Automotive has informed that the 15th Annual General Meeting (AGM) of the Company was held on September 29, 2014. The Company has submitted to BSE a Copy of Scrutinizer Report Voting Details in this regard.
Date: 30/09/2014
Nutraplus Products India: Outcome of AGM
Nutraplus Products India: Outcome of AGM Nutraplus Products India has informed that the 24th Annual General Meeting (AGM) of the Company was held on September 30, 2014
Date: 30/09/2014
Softsol India: Outcome of AGM
Softsol India: Outcome of AGM Softsol India has informed that the 24th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
ADCC Infocad IPO scan by VS Fernando
VS Fernando VS Fernando an IPO analyst has come out with its IPO scan on ADCC Infocad. "Fundamentals justify price though negative operating cash flow is cause for worry", says the expert.
Date: 30/09/2014
Pearl Engineering Polymers: Outcome of AGM
Pearl Engineering Polymers: Outcome of AGM Pearl Engineering Polymers has informed that the 20th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
Chromatic India: Outcome of AGM
Chromatic India: Outcome of AGM Chromatic India has informed that the 27th Annual General Meeting (AGM) of the Company was held on September 30, 2014.
Date: 30/09/2014
August core sector growth inches to 5.8%
August core sector growth inches to 5.8% Growth in the coal output was up 13.4 percent against 6.2 percent month-on-month. The government April-August core industries growth came in at 4.4 percent (YoY)
Date: 30/09/2014
IVRCL puts up Rs 4K cr assets for sale to ease debt: CMD
E Sudhir Reddy IVRCL Ltd Chairman and Managing Director E Sudhir Reddy said the assets for sale include road projects both operational and under construction and Desalination plant in Chennai.
Date: 30/09/2014
Sensex, Nifty close flat post unchanged RBI policy rates
Sensex, Nifty close flat post unchanged RBI policy rates Experts believe the consolidation may continue in near term due to lack of triggers. As the RBI event is behind us, the market will closely watch July-September quarter earnings that will kick off with Infosys‚?? numbers on October 10, say experts.
Date: 30/09/2014
Maruti to recall 69,555 units of old Dzire and Swift, Ritz
Maruti to recall 69,555 units of old Dzire and Swift, Ritz The recall is only for the diesel variants of the three models. Out of the total, 55,938 units are of old Dzire, 12,486 units of old Swift and 1,131 units of Ritz, which were manufactured between March 8, 2010 and August 11, 2013, the company said in a statement.
Date: 30/09/2014
Hong Kong pro-democracy academics say face death threats
Hong Kong pro-democracy academics say face death threats Hong Kong has freedoms not enjoyed on the mainland, but Beijing last month rejected demands for free elections to choose the city's next leader, prompting outrage and protests by tens of thousands of people, mostly students, who have blockaded roads in the global financial hub.
Date: 30/09/2014
MCX to launch new 2015 contracts tomorrow
MCX to launch new 2015 contracts tomorrow New contracts in commodities such as gold, silver, aluminium, lead, nickel, zinc, copper, crude oil, crude palm oil, mentha oil, cardamom, cotton, cotton seed oilcake will be launched for futures trading with effect from October 1, the exchange said in a separate circular.
Date: 30/09/2014
Apollo Hospitals, Sanofi to collaborate on diabetes care
Apollo Hospitals, Sanofi to collaborate on diabetes care "The collaboration will eventually lead to a joint venture between the two companies aiming to offer patients integrated, advanced care and counselling that will help them to better manage their conditions," Apollo Hospitals Group Founder Chairman Prathap C Reddy told PTI.
Date: 30/09/2014
Welcome step on LCR; more work needed: Bankers
Arundhati Bhattacharya Arundhati Bhattacharya, Chairman, State Bank of India says there is a disinflationary trend that is now getting entrenched. On liquidity coverage ratio (LCR), the Reserve Bank's stance will bring a lot of comfort and relief, she adds.
Date: 30/09/2014
How Yatra.com was built: Vision Strategy
How Yatra.com was built: Vision  Strategy When Dhruv Shringi was fired as CEO of ebookers in London in June 2005, he never imagined he would go on to set up India‚??s second largest online travel agency Yatra.com. On August 1, 2006 it went live, providing information, pricing, availability and booking facility for domestic and international air travel.
Date: 30/09/2014
NSE FinWiz flags off its second season
NSE FinWiz flags off its second season FinWiz flags off the second season with two industry experts - Hemant Rustagi, CEO, Wiseinvest Advisors and Ravi Varanasi, Chief-Business Development, National Stock Exchange of India
Date: 30/09/2014
Final norms on small, payments banks by November: RBI
Final norms on small, payments banks by November: RBI The final norms will allow micro finance institutions, telecom players, non-banking finance companies (NBFCs) and public sector companies eligible to apply for bank licences once RBI invites applications for the same.
Date: 30/09/2014
Rule out rate cut until March; await reforms: Edelweiss
Rashesh Shah The RBI Governor Raghuram Rajan stayed put on the key policy rates in his fourth bi-monthly credit policy review today but sounded caution as far as meeting 2016 inflation target was concerned. The apex bank retained the growth projection for FY15 at 5.5 percent and forecasts FY16 growth at 6.3 percent.
Date: 30/09/2014
Tweaking wilful defaulter definition to cover directors:RBI
Tweaking wilful defaulter definition to cover directors:RBI According to the current definition, a wilful defaulter is somebody who has essentially not used the fund for the purpose it has been borrowed or when he has not repaid when he can do so; when he has siphoned off the funds or when he disposed of the assets pledged for availing of loan without the bank's knowledge.
Date: 30/09/2014
Panel to formulate policy on coal rejects to meet next week
Panel to formulate policy on coal rejects to meet next week The government is mulling framing a policy on coal rejects amid country's more than half of power plants facing critical fuel shortages.
Date: 30/09/2014
Nifty ends below 8000; Sun Pharma ITC up, Bankex in red
Nifty ends below 8000; Sun Pharma  ITC up, Bankex in red Sun Pharma, HDFC, Bajaj Auto, Maruti Suzuki and ITC were gainers. BHEL, ICICI Bank, Hindalco, Axis Bank and MM were among losers.
Date: 30/09/2014
Sensex, Nifty gain; OMCs in focus, diesel price cut likely
Sensex, Nifty gain; OMCs in focus, diesel price cut likely Midcaps outperformed for the second straight day. HDFC, Sun Pharma, Sesa Sterlite, Bajaj Auto and ONGC are top gainers. On the losing side are Axis Bank, TCS, Infosys, HUL and ICICI Bank.
Date: 30/09/2014
Tata Tax Savings announces introduction of growth option
Tata Tax Savings announces introduction of growth option Tata Tax Savings Fund announces introduction of growth option, with effect from October 13, 2014.
Date: 30/09/2014
Tata MF announces change in exit load under its 2 schemes
Tata MF announces change in exit load under its 2 schemes Tata Mutual Fund announces change in exit load under Tata Ethical Fund and Tata Short Term Bond Fund, with effect from October 01, 2014.
Date: 30/09/2014
Nifty hits 8000, Sensex rises 200 pts post RBI policy
Nifty hits 8000, Sensex rises 200 pts post RBI policy Auto, healthcare, capital goods and HDFC twins supported the market while technology and FMCG stocks remained under pressure.
Date: 30/09/2014
Sensex gains 70 pts; RBI keeps key rates unchanged
Sensex gains 70 pts; RBI keeps key rates unchanged The central bank has kept key rates unchanged. The Sensex is up 43.32 points at 26640.43 and the Nifty is down 4.20 points at 7954.70. About 1322 shares have advanced, 933 shares declined, and 69 shares are unchanged.
Date: 30/09/2014
Equity NAVs gain as markets closed flat ahead of RBI policy
Equity NAVs gain as markets closed flat ahead of RBI policy Equity Mutual Funds ended positive on Monday as markets closed flat ahead of RBI credit policy review.
Date: 30/09/2014
Sensex volatile, RBI policy eyed; midcap, smallcap gain
Sensex volatile, RBI policy eyed; midcap, smallcap gain The Reserve Bank of India will announce its monetary policy today at 11 am. Experts do not see any rate cut but they feel there could be SLR cut.
Date: 30/09/2014
Modi, Obama to write joint editorial for top US newspaper
Modi, Obama to write joint editorial for top US newspaper "This is the first time a US President and Indian leader will be writing a joint editorial," said Akbaruddin as he briefed about the 90-minute long dinner diplomacy between Modi and Obama. He, however, avoided queries on how the whole arrangement was made.
Date: 30/09/2014
Traders' rate path view lags that of Federal Reserve: Study
Traders' rate path view lags that of Federal Reserve: Study The bets suggest traders see the Fed raising rates at about half the pace that Fed officials themselves do.
Date: 30/09/2014
Nifty hovers around 7950 ahead of RBI policy; SBI falls
Nifty hovers around 7950 ahead of RBI policy; SBI falls Dr Reddy's Labs, Tata Power, MM, Tata Motors and Wipro are top gainers in the Sensex. Among the losers are Hindalco, Hero MotoCorp, BHEL, Reliance and SBI.
Date: 30/09/2014
Economics plays large role in Hong Kong protests
Economics plays large role in Hong Kong protests The ostensibly pro-democracy protests are really about "the long term question of uncertainty" over where Hong Kong's economic future.
Date: 30/09/2014
China's final HSBC PMI steady at 50.2 in Sept
China's final HSBC PMI steady at 50.2 in Sept The final HSBC/Markit Manufacturing Purchasing Managers' Index(PMI) hovered at 50.2 in September, unchanged from the August reading which was a three-month low, but lower than a preliminary reading of 50.5.
Date: 29/09/2014
Modi-Obama meet: What to expect
Shereen Bhan Nothing significant is expected on the crucial IPR, WTO-related matters, bilateral investment treaties, among others. This meeting is expected to be all about building a personal relationship with US President Barack Obama and his administration.
Date: 29/09/2014
IPR issue vital for India, US pharma space: Sanjay Puri
Sanjay Puri Prime Minister will meet US President Barack Obama later today as he heads for the Washington leg of his visit. Will he talk tough on visas and IPR? Sanjay Puri who heads the alliance for United States and India business shared his expectations.
Date: 29/09/2014
IPR issue vital for India, US pharma space: Sanjay Puri
Sanjay Puri Prime Minister will meet US President Barack Obama later today as he heads for the Washington leg of his visit. Will he talk tough on visas and IPR? Sanjay Puri who heads the alliance for United States and India business shared his expectations.
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