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Expectingmarketstocorrect510CentrumWealth
From: tubaah on Tue, Dec 28 2010 11:35 AM
G Chokkalingam, ED & CIO at Centrum Wealth Management, says this is the time to be little cautious at least till January. In view of tighter interest rates, and with agri crops and crude oil expected to create issues in the medium to long term, he expects markets to correct 5-10 per cent further.
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NotexitingRiversdaleTataSteel
From: tubaah on Tue, Dec 28 2010 11:35 AM
There has been much debate on where Tata Steel stands in the bidding war for Australia’s Riversdale Mining. In an exclusive interview with NDTV, Tata Steel chief H M Nerurkar said "we want the coal from the Riversdale mines and we are not exiting the mines." Tata Steel owns 24 per cent stake in ...
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Markettriggersfor2011
From: tubaah on Sat, Dec 25 2010 11:33 AM
Sajiv Dhawan, MD of JV Capital Services, said that the budget, earnings, oil prices, global economy and FII flows remain some of the key triggers to watch for 2011.
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ExpectDyStarprofittodoubleKiriDyes
From: tubaah on Sat, Dec 25 2010 11:32 AM
Shankar R Patel, whole time director at Kiri Dyes, said that DyStar posted a net profit of 5.3 million euros during April-September and it is targeting a profit of over 10 million euros in the next six months.
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USeconomytoremainsoftin2011Asianomics
From: tubaah on Fri, Dec 24 2010 11:32 AM
Asianomics Founder & MD Jim Walker expects a soft real economy in the US with employment rising in 2011.
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Bullishoncommoditiesin2011JimRogers
From: tubaah on Thu, Dec 23 2010 11:32 AM
Jim Rogers of Rogers Holdings says commodity prices are likely to rise irrespective of world economic recovery especially because shortages are developing across certain commodity classes.
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GovernmentspricerisewoesOiloronions
From: tubaah on Thu, Dec 23 2010 11:31 AM
Given that the government is already grappling with rising onion prices, the big question is can they afford to hike the prices of diesel, kerosene or LPG at this moment? IOC, BPCL and HPCL currently sell diesel at a loss of Rs 6.09 per litre, kerosene at Rs 17.72 per litre loss.
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InfrastructuredeficitsadragongrowthChawla
From: tubaah on Thu, Dec 23 2010 11:31 AM
Infra financing has turned into a top concern for policymakers. Finance secretary Ashok Chawla has cautioned that the country’s GDP growth could get pulled down by as much as 2 per cent, if the financing gap is not met. Under the ongoing 11th Five Year Plan, the country needs $600 billion to fee...
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EquityinfusionforAirIndiagetsdelayed
From: tubaah on Thu, Dec 23 2010 11:31 AM
The promised Rs 1200 crore equity for Air India is yet to come from the government and NDTV now learns that it could be further delayed. Sources say the planning commission wants the carrier to set its house in order before it gets bailed out.
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TopMAdealsin20012010
From: tubaah on Thu, Dec 23 2010 11:30 AM
The last decade has chronicled some of the largest mergers and acquisitions that put India Inc on the global map. Indian CEOs and promoters are now featured in global power lists. Let’s take a look at some of the largest deals that happened during the 2001-2010.
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JSWSteeltobuycontrollingstakeinIspat
From: tubaah on Wed, Dec 22 2010 11:31 AM
Country’s third largest steel maker JSW Steel has announced the acquisition of nearly 45 per cent stake in debt-ridden Ispat Industries for Rs 2,157 crore. Welcoming the deal, ICICI Bank said the transaction will strengthen the balance sheet of Ispat.
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20002010Topscamsthatshookthenation
From: tubaah on Wed, Dec 22 2010 11:31 AM
It’s the season of scams, but if you look back at the last ten years (from 2000 to 2010) then Dalal Street has seen much worse. Let's recap the biggest scams of the financial world that shook the nation this decade.
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AsianhedgefundmarketlookingbrightEurekahedge
From: tubaah on Wed, Dec 22 2010 11:30 AM
Eurekahedge analyst Dexter Tan talks on the foreign inflows into Asian hedge funds. According to him, distressed hedge funds are up 18 per cent because of low default rates.
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FocusisonretailfootprintexpansionArchies
From: tubaah on Wed, Dec 22 2010 11:30 AM
Archies Ltd joint MD Pramod Arora says the focus of the company is on expanding retail footprint. The company is recording 8-10 per cent increase in greeting cards volumes in the last couple of years and expects the same this year.
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SellHeroHondaonriseTowerCapital
From: tubaah on Wed, Dec 22 2010 11:29 AM
Sandeep Bharadwaj of Tower Capital & Securities says that every rise should be an opportunity to sell the stock because R&D facilities might take 3-4 years to build. On the markets, the bias is towards the short side and defensives like Pharma.
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MarketoutlookRallynotbroadbased
From: tubaah on Wed, Dec 22 2010 11:29 AM
Shankar Sharma of First Global says that markets can reclaim their previous highs but are not likely to overtake those highs in the absence of a broad based rally.
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ExpertsreactionstoRBIcreditpolicy
From: tubaah on Fri, Dec 17 2010 11:27 AM
M Narendra, CMD of Indian Overseas Bank; Nasser Munjee, chairman of Development Credit Bank; Ila Patnaik, professor at NIPFP, and Robert Prior-Wandesforde, head of India & South East Asia Economics at Credit Suisse, share their perspective.
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Marketstoconsolidateinshortterm
From: tubaah on Wed, Dec 15 2010 11:27 AM
K R Bharat of Advent Advisory Services Pvt Ltd says that the markets are likely to consolidate over the next 2-3 months with a bias on the downside.
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PositiveonHeroHondastockGeojitBNPParibas
From: tubaah on Wed, Dec 15 2010 11:27 AM
Gaurang Shah, Asst VP, Geojit BNP Paribas Financial Services, says going forward momentum in markets will be stretched, so it will be prudent to make any hasty decisions as of now. He adds if bad news hits the markets then Nifty may test levels of 5700. He maintains a positive view on Hero Honda...
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Pullbackexpectedinsmallmidcapstocks
From: tubaah on Tue, Dec 14 2010 11:27 AM
Ashit Suri, fundamental analyst at JV Capital Services, said that he expects some pullback in midcap and smallcap stocks after their sharp fall.
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