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PunjabSindBankIPO
From: tubaah on Tue, Dec 14 2010 11:27 AM
Parveen Kumar Anand, executive director at Punjab & Sind Bank, said that it is “raising resources to augment the capital base to meet our expansion needs in future.”
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AllinvestmentsbyLICperformingverywellThomasMathew
From: tubaah on Tue, Dec 14 2010 11:26 AM
With two of his senior most officials under the CBI scanner, Life Insurance Corporation had set up two committees to look into the systemic loopholes that led to the scam. But Thomas Mathew, MD of LIC, insists that while individuals have caused embarrassment to the country’s biggest insurer, non...
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SCfavoursgovtprobeintodiversionofMNREGAfundsinOrissa
From: tubaah on Tue, Dec 14 2010 11:26 AM
The Supreme Court has come down heavily on Orissa for diverting funds and non-implementation of rural employment scheme, Mahatma Gandhi National Rural Employment Guarantee (MGNREGA), in the state. The apex court has directed the Centre to investigate the mis-handling of funds and submit the repo...
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DenaBanksratesscenario
From: tubaah on Sat, Dec 11 2010 11:25 AM
Dena Bank chairman and managing director DL Rawal talks on the bank’s stand on the deposit and lending rates. He says the bank would be able to maintain a margin of more than 3 per cent.
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Bhavewarnsagainstinterferinginfinancialautonomyofregulators
From: tubaah on Sat, Dec 11 2010 11:25 AM
Even as the present SEBI chief C B Bhave’s term comes to a close, he has made a strong pitch for safeguarding the financial autonomy of regulatory bodies, warning that interference would "jeopardise" their independence.
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ChartingthemarketsTheriseandfall
From: tubaah on Sat, Dec 11 2010 11:24 AM
Sarvendra Srivastava of Emkay Global says that if the Nifty falls below 5,690-5,630 levels, the markets would be headed for a medium to long term downtrend.
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From: tubaah on Sat, Dec 11 2010 11:24 AM
शेयर बाजार में गिरावट का सिलसिला जारी है। शुक्रवार को बाजार खुलते ही सेंसेक्स 150 से ज्यादा अंक नीचे गिर गया।
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Investorsnervousbecauseofscams
From: tubaah on Fri, Dec 10 2010 11:25 AM
Tower Capital & Securities' CEO Sandeep Bharadwaj’s take on the markets. He says that the number of scams this year has surpassed all previous scams making investors nervous.
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UsecorrectionasbuyingopportunityCentrumBroking
From: tubaah on Fri, Dec 10 2010 11:25 AM
Centrum Broking co-head (institutional equities) Girish Pai advises to look at medium to long-term in present scenario and use steep corrections in the short run as buying opportunity.
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IRBInfraclarificationonIBreport
From: tubaah on Fri, Dec 10 2010 11:25 AM
IRB Infra Chairman & Managing Director VD Mhaiskar says that the management at IRB has not indulged in rigging of shares. Mhaiskar also denies getting a notice from any investigating agency.
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ChandrasekharsresponsetoRatanTata
From: tubaah on Fri, Dec 10 2010 11:25 AM
In response to Ratan Tata’s open letter, Rajya Sabha Member Rajeev Chandrasekhar says corporate houses are increasingly influencing public policies. There is a huge gap between what these companies say and what they do. Chandrasekhar says he will come up with a detailed response next week.
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LTexecutingRs30000crorders
From: tubaah on Fri, Dec 10 2010 11:25 AM
L&T Power CEO and Managing Director Ravi Uppal says his company is executing orders worth Rs 30,000 crore, which comprises 12,000-mega watt projects.
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NMDCintalkswithRussiasSeverStalforaJVinIndia
From: tubaah on Fri, Dec 10 2010 11:25 AM
National Mineral Development Corporation or NMDC has roped in Russia’s biggest steel maker SeverStal for a new steel mill in Karnataka, at a total investment that could add up to Rs 25,000 crore. Sources say the proposed NMDC-SeverStal JV is for a 2-5 MT steel plant.
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NodominoeffectfromIrelandcrisisCreditAgricole
From: tubaah on Fri, Dec 10 2010 11:25 AM
Credit Agricole senior advisor Guy de Panafieu says he does not see a domino effect from the crisis in Ireland. According to him, euro remains a strong currency and Europe cannot afford collapse of euro.
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TataMotorstoreworkitspricingstrategyforWorldTrucks
From: tubaah on Fri, Dec 10 2010 11:25 AM
Tata Motors' ambitious World Truck or Prima hasn’t quite got the start Tata would have wanted. Its sales target deficit is a massive 80 per cent plus, so now the company is working overtime to rework price points and look at quickly introducing new variants.
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AviationministryseeksassistancefromFinMinforAirIndia
From: tubaah on Fri, Dec 10 2010 11:24 AM
Beleaguered national carrier Air India continues to struggle with multiple problems. NDTV has learnt that the civil aviation ministry has once again written to the finance ministry appealing to extend government guarantees for the airline.
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NodominoeffectfromIrelandcrisisCreditAgricole
From: tubaah on Thu, Dec 09 2010 11:25 AM
Credit Agricole senior advisor Guy de Panafieu says he does not see a domino effect from the crisis in Ireland. According to him, euro remains a strong currency and Europe cannot afford collapse of euro.
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RaviKumarDistilleriesoncompanysplansandperformance
From: tubaah on Thu, Dec 09 2010 11:25 AM
Ravi Kumar Distilleries director Badrinath S Gandhi says the company is looking to focus on the southern part of the country and has no immediate plans to expand to other markets. The company’s volume stands at 60,000-70,000 cases at present.
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HighpricestocompensateforlowoutputMcLeodRussel
From: tubaah on Thu, Dec 09 2010 11:25 AM
McLeod Russel MD Aditya Khaitan says tea production this year has been hit by extreme weather and pest attack. But higher prices have made up for the drop in production and many tea companies would be able to post better returns, he adds.
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ProsConsofextendingBushErataxcuts
From: tubaah on Thu, Dec 09 2010 11:24 AM
Bricklin Dwyer, economist at BNP Paribas says extending the Bush-era tax cuts for two years is a positive for the short term which means more money in the economy and extension of unemployment benefits. However, this is neglecting the long term outlook of government debt, he adds.
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