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Date: 23/04/2014
Believe we can do corruption-free business in India: SAAB
Lars-Olof Lindgren Speaking to CNBC-TV18's Ronojoy Banerjee in Stockholm in Sweden home to the company's headquarters chairman of SAAB India said that while it wants to invest and transfer technology it would not do so will government allows at least 49 percent cap.
Date: 23/04/2014
Believe we can do corruption-free business in India: SAAB
Lars-Olof Lindgren Speaking to CNBC-TV18's Ronojoy Banerjee in Stockholm in Sweden home to the company's headquarters chairman of SAAB India said that while it wants to invest and transfer technology it would not do so will government allows at least 49 percent cap.
Date: 23/04/2014
Election Exchange: Can AAP dent BJP's voteshare?
Election Exchange: Can AAP dent BJP's voteshare? Rajdeep Sardesai, editor-in-chief, CNN-IBN is of the view that perhaps Arvind Kejriwal wants to just send out the message that the Aam Aadmi Pary (AAP) in the long run is perhaps a more credible challenger to Narendra Modi than even the Congress.
Date: 23/04/2014
State may grant leases as policy hurdles halt Goa mining
Anshu Sharma The state may try to grant few leases this year but it will be a huge task for the state to start actual mining in a big way it used to mine prior to 2012 mining ban.
Date: 23/04/2014
RBI panel moots centralised bill payment system
RBI panel moots centralised bill payment system The RBI has sought comments on the Report of the GIRO Advisory Group till May 25.
Date: 23/04/2014
RBI panel moots centralised bill payment system
RBI panel moots centralised bill payment system The RBI has sought comments on the Report of the GIRO Advisory Group till May 25.
Date: 23/04/2014
Union Bank of India raised USD 350 million from bonds
Union Bank of India raised USD 350 million from bonds The 5.5 years bonds were priced at a spread of 280 basis points and was oversubcribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.
Date: 23/04/2014
Union Bank of India raised USD 350 million from bonds
Union Bank of India raised USD 350 million from bonds The 5.5 years bonds were priced at a spread of 280 basis points and was oversubcribed 3.4 times with demand from 150 investors, Union Bank of India said in a statement.
Date: 23/04/2014
Andhra Bank: FY14 results on May 09, 2014
Andhra Bank: FY14 results on May 09, 2014 Andhra Bank has now informed that the board meeting will be held on May 09, 2014, With reference to the earlier announcement dated April 17, 2014.
Date: 23/04/2014
Shree Digvijay Cement Company's outcome of AGM
Shree Digvijay Cement Company's outcome of AGM Shree Digvijay Cement Company has informed that the 69th Annual General Meeting (AGM) of the Company was held on April 23, 2014.
Date: 23/04/2014
Mount Everest Mineral Water's change in directorate
Mount Everest Mineral Water's change in directorate Mount Everest Mineral Water has informed about the following changes in the Board of Directors. The appointment of Mr. L. Krishnakumar as an additional Non Executive Non Independent Director on the Board of the Company with effect from April 01, 2014.
Date: 23/04/2014
Kirloskar Pneumatic Company's board recommends dividend (AGM on July 23, 2014)
Kirloskar Pneumatic Company's board recommends dividend (AGM on July 23, 2014) Kirloskar Pneumatic Company in its meeting held on April 23, 2014, have recommended a Dividend @ 100% (Rs. 10/- per share) out of the profits subject to the approval of the Members in the ensuing Annual General Meeting scheduled on July 23, 2014. The Dividend will be paid to its members on or after July 23, 2014.
Date: 23/04/2014
MM Financial Services' board recommends dividend
MM Financial Services' board recommends dividend MM Financial Services at its meeting held on April 23, 2014, inter alia, have recommended a dividend of Rs. 3.80 per share on equity share of Rs. 2/- each. The dividend will absorb a sum of Rs. 25157.82 lacs (including dividend distribution tax).
Date: 23/04/2014
DHP: Outcome of committee meeting board meeting
DHP: Outcome of committee meeting  board meeting DHP India has informed that the members of the Remuneration / Management Committee on its meeting dated April 16, 2014 and the Board of Directors of the Company on its Board Meeting dated April 16, 2014 both were approved the proposal of Appointment of Asheesh Dabriwal, as Managing Director w.e.f. April 01, 2014 for a period of 5 years.
Date: 23/04/2014
Indag Rubber's outcome of board meeting
Indag Rubber's outcome of board meeting Indag Rubber has informed that pursuant to section 203 of the Companies Act, 2013, the Board of Directors in their meeting held on April 14, 2014 approved the re-appointment of Mr. J. K. Jain, as Chief Financial Officer (key managerial personnel) for further period of 5 years with effect from July 01, 2014.
Date: 23/04/2014
Sat Industries' outcome of board meeting
Sat Industries' outcome of board meeting Sat Industries at its meeting held on April 22, 2014, decided to appoint Mr. Asad Daud as an additional director with effect from April 22, 2014.
Date: 23/04/2014
Union Bank of India's FY14 results on May 08, 2014
Union Bank of India's FY14 results on May 08, 2014 Union Bank of India board meeting will be held on May 08, 2014, to consider and take on record the audited financial results of the Bank for the 4th quarter and financial year ended March 31, 2014 and to recommend the dividend, if any.
Date: 23/04/2014
UltraTechCement's board recommends dividend
UltraTechCement's board recommends dividend UltraTech Cement at its meeting held on April 23, 2014, has recommended a dividend of Rs. 9/- per equity share of Rs. 10/- each for the year ended March 31, 2014. The payment is subject to the approval of the shareholders in the ensuing Annual General Meeting of the Company and will be paid on or after the date of the Annual General Meeting.
Date: 23/04/2014
PSU banks may get additional capital infusion of Rs 7000 cr
PSU banks may get additional capital infusion of Rs 7000 cr The Department of Financial Services would request for additional funds in regular budget as banks require more capital than what has been allocated in the interim budget, the official said.
Date: 23/04/2014
Bhushan Steel gets nod to run new blast furnace in Odisha
Bhushan Steel gets nod to run new blast furnace in Odisha The state PCB in last November had directed closure of the blast furnace till further order, following an explosion that happened in the slag pit during the fourth day of trial run on November 10.
Date: 23/04/2014
Infosys presents Innovating for a Better Tomorrow
Infosys presents Innovating for a Better Tomorrow Subject of discussion this time is frugal innovation which is low cost technologies creating the greatest possible good for a large number of people but also not sacrificing on quality.
Date: 23/04/2014
RIL raises USD 550 m from Japanese banks
RIL raises USD 550 m from Japanese banks The 12-year loan will part finance the proposed expansion of RIL's petrochemical plants and setting up of new gasification unit and refinery off-gas cracker over the next 2-3 years.
Date: 23/04/2014
Yoshindo JV to focus on biosimilar drugs in Japan: Lupin
KK Sharma The clinical development cost could be anywhere in the range of USD 35-50 million and both the companies will share that equally, says KK Sharma of Lupin
Date: 23/04/2014
Nifty ends at record closing high on expiry day; banks lead
Nifty ends at record closing high on expiry day; banks lead Experts remain constructive on the Indian equity market in anticipation of stable government at the Centre after Lok Sabha elections.
Date: 23/04/2014
Coal firms should take advance action to renew FSAs in time
Coal firms should take advance action to renew FSAs in time The Standing Linkage Committee (SLC) "decided that coal companies should take advance action to renew the FSAs (Fuel Supply Agreements) in time to ensure that there were no disruptions in supplies," an official source said.
Date: 23/04/2014
Lupin forms JV with Japan's Yoshindo Inc
Lupin forms JV with Japan's Yoshindo Inc The Japanese biological market is currently valued at close to USD 12 billion and growing at 2-3 percent annually.
Date: 23/04/2014
How Orient Electric is reinventing itself
ML Pachisia In an interview with CNBC-TV18‚??s Latha Venkatesh and Ekta Batra, Orient Paper's MD ML Pachisia outlined the company‚??s plans in the electric appliances and power businesses as also what it plans to do with a defunct mill in Odisha.
Date: 23/04/2014
Nifty ends April FO expiry at record high; Wipro falls 1%
Nifty ends April FO expiry at record high; Wipro falls 1% Banks and capital goods lend strong support to the indices with LT, GAIL, BHEL, Tata Steel and MM. Realty, oil and gas and some IT stocks were under pressure. NTPC, Wipro, Tata Motors and Sesa Sterlite were losers in the Sensex.
Date: 23/04/2014
Why large, sick central govt PSUs are hoping for BJP win
Why large, sick central govt PSUs are hoping for BJP win Modi, the prime ministerial candidate of opposition party ‚?? the BJP, recently said that he believes that PSU performance can be improved by empowering the management and disinvestment was not the only option for a loss making PSU.
Date: 23/04/2014
Nifty steady on April FO expiry; Mangalore Chem surges 12%
Nifty steady on April FO expiry; Mangalore Chem surges 12% Mangalore Chemicals gains after Deepak Fertiliser and others make an open offer at Rs 61.75 per share for upto Rs 197 crore. Zuari Agro Chemicals also gains as the company holds 16.43 percent stake in Mangalore Chemicals.
Date: 23/04/2014
Sensex, Nifty hold gains on banks, capital goods support
Sensex, Nifty hold gains on banks, capital goods support Equity benchmarks maintained positive momentum in noon trade with the Sensex rising over 100 points supported by banks, capital goods, oil gas and healthcare stocks.
Date: 23/04/2014
Nifty hovers around 6850; HDFC, Sesa, Tata Motors drag
Nifty hovers around 6850; HDFC, Sesa, Tata Motors drag HDFC, NTPC, Hindalco, Tata Motors and Sesa Sterlite are among the laggards. Sun Pharma, BHEL, Axis Bank, LT and ONGC are gainers in the Sensex.
Date: 23/04/2014
LIC Nomura MF launches Capital Protection Fund - Series 3
LIC Nomura MF launches Capital Protection Fund - Series 3 LIC Nomura MF launches LIC Nomura MF Capital Protection Oriented Fund Series 3, a close ended scheme that aims to achieve capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeks capital appreciation by investing in equity and equity related instruments.
Date: 23/04/2014
ICICI Prudential Mutual Fund launches Value Fund - Series 4
ICICI Prudential Mutual Fund launches Value Fund - Series 4 ICICI Prudential Mutual Fund launches ICICI Prudential Value Fund - Series 4, a close ended equity scheme that aims to provide capital appreciation by investing in a well diversified portfolio of stocks through fundamental analysis.
Date: 23/04/2014
LT Mutual Fund launches LT Emerging Business Fund
LT Mutual Fund launches LT Emerging Business Fund LT Mutual Fund launches LT Emerging Business Fund, a closed-ended equity scheme thata aims to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, including equity derivatives, in the Indian markets with key theme focus being emerging companies (small cap stocks).
Date: 23/04/2014
Iron ore mining likely to restart in January in Goa
Iron ore mining likely to restart in January in Goa The Supreme Court lifted a 19-month old ban on mining in Goa on Monday, although it capped annual output in the state at 20 million tonnes.
Date: 23/04/2014
Equity NAVs end mixed as markets end flat
Equity NAVs end mixed as markets end flat Equity Mutual Funds delivered mixed returns as 50-share NSE Nifty snapped two-day winning streak on Tuesday but it managed to hold the 6800-mark supported by oil gas, capital goods and private banks.
Date: 23/04/2014
LT, Bharti, Sun Pharma lead gainers; Sensex gains 100 pts
LT, Bharti, Sun Pharma lead gainers; Sensex gains 100 pts Engineering and construction major Larsen Toubro and state-run power equipment maker BHEL climbed 1.7 percent each. IT majors TCS and Infosys advanced 0.5-1 percent.
Date: 23/04/2014
Election cash restrictions to dent gold imports
Election cash restrictions to dent gold imports "Indian demand for gold is lower as it is difficult for consumers to carry cash given election-related curbs. They are resisting unnecessary buying at the moment," said Bachhraj Bamalwa, director with All India Gems and Jewellery Trade Federation (GJF), which groups more than 300,000 jewellers.
Date: 23/04/2014
Expect new owner to focus on increased productivity: Seamec
CJ Rodricks Seamec is hopeful of maintaining profits it achieved in Q3FY14, MD CJ Rodricks says.
Date: 23/04/2014
Nifty hits 6850, Sensex at record high; rupee breaches 61/$
Nifty hits 6850, Sensex at record high; rupee breaches 61/$ MM, Wipro, GAIL, LT and BHEL are top gainers in the Sensex. Among the losers are ICICI Bank, Hero MotoCorp, NTPC, HUL and HDFC Bank.
Date: 23/04/2014
Expect Nifty to slowly cross 7000: Sukhani
Sudarshan Sukhani Watch the interview of Sudarshan Sukhani, s2analytics.com with Latha Venkatesh Reema Tendulkar on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
Date: 23/04/2014
China PMI shrinks for fourth month, pace of decline slows
China PMI shrinks for fourth month, pace of decline slows The HSBC/Markit flash Purchasing Managers Index (PMI) for April rose to 48.3 from March's final reading of 48.0, still below the 50 line separating expansion from contraction.
Date: 23/04/2014
China PMI as predicted, Aussie drops after inflation data
China PMI as predicted, Aussie drops after inflation data Investors hoping that the Chinese HSBC manufacturing PMI data for April would show some stabilization in the slowing economy were relieved when the survey came in at 48.3, still in contractionary territory but slightly above the March number.
Date: 22/04/2014
Election Exchange: Race for Tamil Nadu
Poornima Murali Tamil Nadu is one of the big states that will go to polls on Thursday and for the first time, voters have to choose not between two but six parties.
Date: 22/04/2014
HAL Offshore to buy Technip's majority stake in Seamec
HAL Offshore to buy Technip's majority stake in Seamec The deal involves sale of shares at Rs 97 a apiece. At this price, HAL Offshore has to shell out Rs 247 crore for 75 percent of Technip in Seamec.
Date: 22/04/2014
HAL Offshore to buy Technip's majority stake in Seamec
HAL Offshore to buy Technip's majority stake in Seamec The deal involves sale of shares at Rs 97 a apiece. At this price, HAL Offshore has to shell out Rs 247 crore for 75 percent of Technip in Seamec.
Date: 22/04/2014
Toyota sure of meeting order backlog; strike called off
Vineetha Athrey Shekar Viswanathan, VC, Toyota Kirloskar Motors said the company is confident of meeting the order backlog as soon as possible to keep the consumer satisfied.
Date: 22/04/2014
Fuel demand grows by 0.7% in FY14; slowest in last 12 years
Fuel demand grows by 0.7% in FY14; slowest in last 12 years The world's fourth-largest oil consumer saw petroleum product demand growing by a meager 0.7 per cent to 158.197 million tonnes in 2013-14, according to the latest oil ministry data.
Date: 22/04/2014
GSK slashes price of Crocin tablets across India by 50%
GSK slashes price of Crocin tablets across India by 50% GlaxoSmithKline Asia is reducing price of Crocin Advance Paracetamol Fast Release 500 mg tablet to conform to the price notified under DPCO, 2013 with immediate effect.
Date: 22/04/2014
RBI panel suggests FRA to deal with failing institutions
RBI panel suggests FRA to deal with failing institutions The report on 'Resolution Regime for Financial Institutions' underlined the need for a policy framework to deal with the failure of such entities in a manner that avoids disruption of critical financial services.
Date: 22/04/2014
Microsoft bets big on education; launches tab for students
Microsoft bets big on education; launches tab for students The tablet is protected by Corning Gorilla Glass 3 and has up to 8.5 hours of battery life, 2 GB RAM, 32 GB internal memory, which can be expanded to another 32 GB using a microSD card. It has a 8 megapixel rear and 2 MP front camera.
Date: 22/04/2014
Nifty snaps 2-day gains but holds 6800 ahead of FO expiry
Nifty snaps 2-day gains but holds 6800 ahead of FO expiry As the market approaches Lok Sabha elections outcome date (May 16), experts expect the volatility to increase. They see the Nifty going above the 7000 before the elections results followed by some correction.
Date: 22/04/2014
Sesa, Wipro, SBI lose HDFC Bank up 1%; Nifty ends flat
Sesa, Wipro, SBI lose  HDFC Bank up 1%; Nifty ends flat LT, GAIL, HDFC Bank, ONGC and Hindalco were top gainers in the Sensex. Sesa Sterlite lost 4 percent, Wipro, SBI, Infosys and Maruti Suzuki were other laggards in the Sensex.
Date: 22/04/2014
Novartis soars 8%, metals drag; Nifty stuck at 6820
Novartis soars 8%, metals drag; Nifty stuck at 6820 Shares of Novartis India soared 20 percent intraday as its parent company is restructuring its drug business. The Swiss drugmaker Novartis is transforming its business by exchanging certain assets with GlaxoSmithKline and divesting its animal health business to Eli Lilly in deals worth billions of dollars.
Date: 22/04/2014
RBI may set new pricing norms for state debt in phases
RBI may set new pricing norms for state debt in phases The RBI will consult the Fixed Income Money Market And Derivatives Association Of India before adopting any decisions, the sources said, and is due to hold further discussions with state government officials early next month.
Date: 22/04/2014
Federal Bk, TVS Motor, Adani Port top buys: Birla Sun Life
Federal Bk, TVS Motor, Adani Port top buys: Birla Sun Life Federal Bank, TVS Motor Company and Adani Ports were the top buys, while Coal India, Jaiprakash Associates and LIC Housing Finance were the top sells by the fund.
Date: 22/04/2014
DSP BlackRock drops metal, telecom; picks bank, engg
DSP BlackRock drops metal, telecom; picks bank, engg In the telecommunication space, DSP BlackRock sold Bharti Airtel, Tata Communications, Idea Cellular and exited Bharti Infratel, while it introduced Finolex Cables.
Date: 22/04/2014
HDFC Bank extends gains, Hindalco falls; Nifty holds 6800
HDFC Bank extends gains, Hindalco falls; Nifty holds 6800 HDFC Bank gained more than a percent ahead of its Q4FY14 earnings. According to CNBC-TV18 poll estimates, profit after tax of the bank is likely to grow 26 percent year-on-year to Rs 2,372 crore during the quarter on account of control in operating expenses.
Date: 22/04/2014
Pharma in focus, Sesa Sterlite falls 3%; Sensex, Nifty flat
Pharma in focus, Sesa Sterlite falls 3%; Sensex, Nifty flat Glenmark Pharma is weak after Sanofi, Abbott win appeal over Glenmark's generic of Tarka. With Appeal court's verdict against generic Tarka, Glenmark will pay a penalty of USD 16 million dollar and likely to impact Q1FY15e PAT by approximately 8.6 percent.
Date: 22/04/2014
Pfizer agrees to $190 mn settlement over generic Neurontin
Pfizer agrees to $190 mn settlement over generic Neurontin Lawyers representing a class of Neurontin purchasers disclosed the terms of the settlement in a motion seeking approval of the deal that was filed in New Jersey federal court.
Date: 22/04/2014
Reliance, ONGC, LT lead gainers; Sensex, Nifty firm
Reliance, ONGC, LT lead gainers; Sensex, Nifty firm Equity benchmarks continued to see buying interest with the Nifty gradually marching towards the 6850 level supported by private banks, oil gas and capital goods stocks.
Date: 22/04/2014
Mutual Funds NAVs gain as markets end higher
Mutual Funds NAVs gain as markets end higher Equity and debt Mutual Funds closed in a positive terrain as Equity benchmarks saw new record highs (at closing) on Monday with the Nifty closing above the 6800-mark for the first time supported by capital goods, auto and banks stocks.
Date: 22/04/2014
Nifty hits record high; HDFC Bank gains, ICICI SBI fall
Nifty hits record high; HDFC Bank gains, ICICI  SBI fall Equity benchmarks opened higher on Tuesday with the Nifty hitting record high of 6827.20 supported by HDFC group, pharma, technology and capital goods stocks.
Date: 22/04/2014
Japan overhauls world's biggest public pension fund
Japan overhauls world's biggest public pension fund Global financial markets are keenly watching GPIF's investment strategy as the fund, bigger than Mexico's economy, is a huge investor and a bellwether for other Japanese institutional investors.
Date: 22/04/2014
How the US made its Putin problem worse
How the US made its Putin problem worse The sequence of events early in Washington‚??s relationship with Putin reflects a dynamic that has persisted through the ensuing 14 years and the current crisis in Ukraine: US actions, some intentional and some not, sparking an overreaction from an aggrieved Putin.
Date: 21/04/2014
Nokia to close deal with Microsoft on Apr 25
Nokia to close deal with Microsoft on Apr 25 The future of Chennai plant, which employs 6,600 people and is entangled in tax disputes with Indian authorities, is uncertain.
Date: 21/04/2014
Curb on gold import not sustainable in long run: Comm Secy
Curb on gold import not sustainable in long run: Comm Secy "The present gold import policy is workable only for a short distance. When this policy was conceptualised it was for a limited objective...the Department of Commerce has taken a very clear decision that this policy is not sustainable in the long-run," said Commerce Secretary Rajeev Kher.
Date: 21/04/2014
36K runners ready for 1st Boston Marathon post bomb attacks
36K runners ready for 1st Boston Marathon post bomb attacks Racers faced new security restrictions at the event, a reaction to the attack that killed three people and injured 264 when, authorities say, two ethnic Chechen brothers dropped homemade explosives in backpacks at the finish line.
Date: 21/04/2014
Lifting of Goa mining ban to bring life back to ind: FIMI
Lifting of Goa mining ban to bring life back to ind: FIMI The apex court today partially lifted the mining ban in the state and allowed 20 million tonnes of iron ore to be extracted annually. Production in Goa before the ban was about 45 million tonnes a year.
Date: 21/04/2014
Apple, Google vie to offer exclusive game apps: WSJ
Apple, Google vie to offer exclusive game apps: WSJ Both Apple and Google trying to lure game developers by offering premium placement to these games on their app stores' home pages and features lists, the daily said.
Date: 21/04/2014
Former British PM Brown steps up bid to keep Scotland in UK
Former British PM Brown steps up bid to keep Scotland in UK Polls show growing support for independence with the gap between the two sides narrowing to just a few percentage points after a split seemed unattainable a year ago.
Date: 21/04/2014
PMO seeks status report on gas pricing
PMO seeks status report on gas pricing The new price of USD 8.3 per million British thermal units was to be effective from April 1 but the Election Commission asked the government to defer the implementation until voting in the Lok Sabha polls ends on May 12.
Date: 21/04/2014
Putin playing the long game over Russian kin in Ukraine
Putin playing the long game over Russian kin in Ukraine As a skilled tactician, Putin knows that to push too fast to achieve this ambition could be damaging for Russia - as demonstrated by the Western threat of tough sanctions and Europe's rush to wean itself off Russian gas supplies.
Date: 21/04/2014
JPMorgan Mutual Fund announces change in nomenclature
JPMorgan Mutual Fund announces change in nomenclature JPMorgan Mutual Fund announces change in nomenclature of JPMorgan India Smaller Companies Fund, with effect from April 30, 2014.
Date: 21/04/2014
Franklin Templeton MF to introduced monthly dividend option
Franklin Templeton MF to introduced monthly dividend option Franklin Templeton Mutual Fund introduces monthly dividend option under Franklin India Savings Plus Fund.
Date: 21/04/2014
ICICI Prudential MF launches Dividend Yield Equity Fund
ICICI Prudential MF launches Dividend Yield Equity Fund ICICI Prudential Mutual Fund has launched ICICI Prudential Dividend Yield Equity Fund, an open ended equity fund aims to provide medium to long term capital gains and / or dividend distribution by investing in a well diversified portfolio of predominantly equity and equity related instruments, which offer attractive dividend yield.
Date: 21/04/2014
Birla Sun Life MF launches Emerging Leaders Fund - Series 1
Birla Sun Life MF launches Emerging Leaders Fund - Series 1 Birla Sun Life Mutual Fund has launched Birla Sun Life Emerging Leaders Fund - Series 1, an closed ended equity scheme that aims generate long-term capital appreciation by investing predominantly in equity and equity related securities of small mid cap companies.
Date: 21/04/2014
Edelweiss Mutual Fund announces dividend under two schemes
Edelweiss Mutual Fund announces dividend under two schemes Edelweiss Mutual Fund has announced dividend under Edelweiss Short Term Income Fund and Edelweiss Absolute Return Fund, the record date for dividend is April 25, 2014.
Date: 21/04/2014
ICICI Prudential MF announces dividend under its schemes
ICICI Prudential MF announces dividend under its schemes ICICI Prudential Mutual Fund has announced dividend under its schemes for which the record date has been fixed as April 25, 2014.
Date: 21/04/2014
Sundaram MF announces dividend under two schemes
Sundaram MF announces dividend under two schemes Sundaram Mutual Fund has announced dividend under Sundaram Growth Fund and Sundaram Financial Service Opportunities Fund, the record date for dividend is April 25, 2014.
Date: 21/04/2014
BNP Paribas Dividend Yield Fund announces dividend
BNP Paribas Dividend Yield Fund announces dividend BNP Paribas Dividend Yield Fund announces dividend, the record date for dividend is April 25, 2014.
Date: 21/04/2014
Nifty ends above 6800 for 1st time; Sesa, LT, BHEL up 3-5%
Nifty ends above 6800 for 1st time; Sesa, LT, BHEL up 3-5% Equity benchmarks saw new record highs (at closing) on Monday with the Nifty closing above the 6800-mark for the first time supported by capital goods, auto and banks stocks. However, the fall in FMCG, technology, pharma and HDFC group stocks capped the upside.
Date: 21/04/2014
SC allows iron ore mining in Goa with upper limit of 20mt
SC allows iron ore mining in Goa with upper limit of 20mt The top court also asked the state government to constitute an expert panel and submit a report regarding capping of output and other issues within 6 months, a three-judge bench headed by justice AK Patnaik said.
Date: 21/04/2014
Clear poll verdict will fetch 6.5% growth for 5 yrs: Crisil
Clear poll verdict will fetch 6.5% growth for 5 yrs: Crisil However, the Crisil report clearly states this kind of growth will be possible only if there is a decisive mandate in the Lok Sabha polls.
Date: 21/04/2014
Global scene in near-term won't be as good as 2004: Crisil
DK Joshi In an interview to CNBC-TV18, DK Joshi, senior director and chief economist at Crisil tells us why he sees the economy growing at just 6.5 percent despite a decisive mandate and a stable government.
Date: 21/04/2014
State monitoring group for upto Rs 1k cr projects soon: CCI
Anil Swaroop Anil Swaroop, additional secretary at Cabinet Secretariat and Head-Project Monitoring Group in the CCI says the monitoring group was formed to ensure that investments don't go back. 50% of the issues in project clearances are subject to states, he adds. He says a state monitoring group will be set up for projects worth less than Rs 1,000 crore.
Date: 21/04/2014
Indian wages to go US way, handful to get outsized rewards
Santosh Nair ‚??It is extremely unlikely that India will create 15 crore new jobs over the next 10 years, the minimum required to match demand for new jobs. We estimate 24 crore people will join the cohort of the working-age population over the next 10 years,‚?Ě says the Kotak report.
Date: 21/04/2014
Japan's export growth slows sharply in March
Japan's export growth slows sharply in March Imports in the world's third largest economy rose 18.1 percent on year, above analyst forecasts for a rise of 16.2 percent, in a further sign that Japanese consumers front-loaded spending ahead of a rise in the consumption tax at the start of April.
Date: 21/04/2014
A tough sell: Insurance against a China financial crisis
A tough sell: Insurance against a China financial crisis Financial wizards have been trying to sell peace of mind to investors in China for years, but fewer and fewer of those investors are interested, despite some worrying headlines.
Date: 20/04/2014
MFs garnered Rs 54,000 crore in 2013-14
MFs garnered Rs 54,000 crore in 2013-14 Industry experts believe that fund mobilisation in mutual fund schemes is expected to grow in the coming months.
Date: 19/04/2014
How can Indian economy get back on track?
Raghav Bahl India Back on Track is based on a book that will shortly be published by the Carnegie Endowment, which has essays written by leading Indian thinkers.
Date: 18/04/2014
Rajat Gupta ordered to begin prison sentence on June 17
Rajat Gupta ordered to begin prison sentence on June 17 Gupta was found guilty in June 2012 of passing confidential information about Goldman Sachs to his friend and business associate Rajaratnam just minutes after Gupta exited Goldman's board meetings.
Date: 18/04/2014
P-Notes investment hits 3-yr high at $34 bn in March
P-Notes investment hits 3-yr high at $34 bn in March According to Sebi data, the total value of P-Note investments in Indian markets (equity, debt and derivatives) rose to Rs 2,07,639 crore at the end of March from Rs 1,72,738 crore in the preceding month.
Date: 18/04/2014
Ford, IBM to again face US lawsuit over 'apartheid abuses'
Ford, IBM to again face US lawsuit over 'apartheid abuses' Reviving a 12-year-old lawsuit, US District Judge Shira Scheindlin in Manhattan accepted an argument from a group of plaintiffs that corporations may be held liable under a 1789 law, the Alien Tort Statute (ATS), that lets non-US citizens pursue some cases in US courts over alleged violations of international law.
Date: 18/04/2014
Garcia Marquez, master of magical realism, dies at 87
Garcia Marquez, master of magical realism, dies at 87 A prolific writer who started out as a newspaper reporter, Garcia Marquez's masterpiece was One Hundred Years of Solitude, a dream-like, dynastic epic that helped him win the Nobel Prize for Literature in 1982.
Date: 17/04/2014
Retail inflation rises on costlier food
Retail inflation rises on costlier food Inflation based on food indices of CPI-AL and CPI-RL are 7.55 percent and 7.53 percent respectively during March last year. The CPI-AL and CPI-RL for March increased by 6 points each to stand at 763 points and 765 points respectively.
Date: 17/04/2014
Weekly wrap: Nifty ends flat, eyes 6800; IT cos kick off earnings season
Weekly wrap: Nifty ends flat, eyes 6800; IT cos kick off earnings season Top four IT companies kicked off the March quarter earnings season with positive commentary for the year ahead (FY15), though numbers were mixed. The BSE IT index climbed gained 0.8 percent as Wipro and TCS rallied 3 percent each while HCL Technologies and Tech Mahindra climbed 1.7 percent.
Date: 17/04/2014
Consider intraday buy once Nifty crosses 6725 hump: Sukhani
Sudarshan Sukhani Sudarshan Sukhani, s2analytics.com advises futures traders to consider buying after the Nifty crosses the 6725 hump, which was the peak recorded on Wednesday.
Date: 16/04/2014
Nifty poised for big move; remain long: Sukhani
Sudarshan Sukhani Watch the interview of Sudarshan Sukhani, s2analytics.com with Latha Venkatesh Sonia Shenoy on CNBC-TV18, in which he shared his reading and outlook on market and specific stocks.
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